Multifamily news in New York
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RXR Realty Begins Leasing at Luxury Brooklyn Property
Offering 363 units, 475 Clermont features amenities such as catering kitchens, a pet spa and yoga studio. Occupancy is scheduled to begin in April 2019.
20 March 2019 12:15 -
New York City Luxury Tower Gets $215M Refi
The 450-unit residential building, the tallest tower in Queens, opened in 2017 and was developed by Heatherwood Luxury Rentals.
18 March 2019 12:27 -
Friedkin Realty Group Buys 2 Long Island Communities for $151M
The purchase of The Allure and Hudson House in Mineola marks the highest price per unit achieved in Nassau County.
15 March 2019 13:05 -
New Affordable Senior Housing Coming to Bronx, Brooklyn
The New York City Department of Housing Preservation and Development and the New York City Housing Authority has selected teams to develop the communities, dubbed Casa Celina and Linden Court.
14 March 2019 12:05 -
Scully Co. Expands NJ Community
The developer will add 220 units to Hamilton Greene in Mays Landing. Completion of the new component, The Glades at Hamilton Greene, is scheduled for 2021.
13 March 2019 06:52 -
NYC Condo Development Lands $65M Construction Loan
Working on behalf of the sponsor—a partnership of RJ Capital Holdings and RB Realty Capital—Naftali Credit Partners secured the financing for an upcoming 74-unit luxury community in Queens.
11 March 2019 13:51 -
NJ Gated Community Commands $18M
The 168-unit Landmark West Apartments in Newton comprises 11 buildings on nearly 14 acres, in the midst of landscaped surroundings, recreational land, state parks and golf courses.
08 March 2019 13:17 -
NYC Firm Awarded $70M to Build Modular Housing Community
Thorobird Cos., in a partnership with Bangladeshi American Community Development & Youth Services, will develop a 167-unit affordable property in Brooklyn.
07 March 2019 16:01 -
Long Island Multifamily Portfolio Changes Hands for $473M
Fairfield Properties, with a $100 million preferred equity investment from FCP, acquired the seven properties from Lone Star Funds.
05 March 2019 14:21 -
JV Opens Brooklyn Affordable Housing
Developed by RAL Development Services and Oliver's Realty Group, in partnership with Brooklyn Bridge Park, the 15-story building features 140 units.
01 March 2019 13:14 -
New Affordable Housing Slated for Midtown Manhattan
New York City has tapped several development firms to build 260 affordable apartments on two city-owned sites in the Clinton/Hell’s Kitchen neighborhood.
28 February 2019 12:55 -
Brooklyn Development Reaches Leasing Milestone
The Rheingold, the largest multifamily development in Bushwick, is 60 percent leased after four months. The property features 500 units and was designed by ODA Architects.
27 February 2019 13:10 -
RXR Realty Tops Out Long Island Condo Project
The Beacon at Garvies Point will offer 167 units as part of an 80-acre waterfront development in Glen Cove, N.Y., a suburb of New York City.
26 February 2019 13:14 -
LMC Tops Out NJ Mixed-Use Development
The Lively—the company’s first development in the Northeast—features 180 luxury units, as well as a large-scale theater and supporting spaces dedicated to the arts.
22 February 2019 14:41 -
Wells Fargo Refinances Manhattan Luxury Properties
The Gotham Organization received the permanent mortgage loans, totaling $184 million, for two upscale apartment buildings in Midtown West and Midtown South.
22 February 2019 13:11