New York
Manhattan Affordable Project Breaks Ground
Asian Americans for Equality is developing the 14-story building in the East Village neighborhood.
Suburban New York Community Sells for $180M
A joint venture between Harbor Group International and Azure Partners sold the Rockland County asset that will be rebranded as Alister Nanuet.
Mack-Cali Lands $300M for Jersey City Tower
The REIT has secured financing to build a 750-unit luxury community five blocks from the waterfront.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in October 2019 in New York City.
River Rock Capital Acquires 2 New Jersey Assets
Skyline Apartments and The Boulevard Apartments in Hasbrouck Heights total 338 units.
Bronx Affordable Housing Development Opens
The $52 million project is located in the Mount Eden neighborhood and will provide 126 units and supportive services.
Q&A: NYC Investment Post Rent Reform
Robert Morgenstern, founder of Morgenstern Capital, explains why the next growth story in the Big Apple’s multifamily landscape is about the right submarkets and new verticals.
Brooklyn Mixed-Use Project Scores $35M Refi
Greystone’s new financing package pays down a prior $28 million loan from Madison Realty Capital.
Phase 1 of $300M Bronx Development Begins
More than 180 units will be built in the initial phase of the Peninsula, a five-building development on the former site of a juvenile detention facility.
Newark Affordable Housing Breaks Ground
The Michaels Organization and its partners began work on Somerset Brownstones, a $19 million development in New Jersey’s Central Ward neighborhood.