New York
NYC Names 3 Development Teams for Co-Living Pilot
The projects announced as part of the city’s ShareNYC program will produce a total of 300 new units at three locations.
Brooklyn Affordable Community Breaks Ground
Pennrose and RiseBoro Community Partnership are building the 218-unit development in the East New York neighborhood.
RXR Realty Scores $98M Loan for Luxury Connecticut Project
JLL arranged the construction financing for the 325-unit tower in downtown Stamford.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in August 2019 in New York City.
New Jersey Portfolio Deal Scores $228M Loan
Cammeby’s International purchased the six-asset bundle of communities totaling more than 1,800 units.
Manhattan Landmark Gets $386M Refi
Hunton Andrews Kurth LLP advised the owners of 70 Pine St. on the mortgage provided by Goldman Sachs.
Brooklyn gets 58 New Units of Affordable Senior Housing
The 13-story building in the Lefferts Gardens neighborhood has senior-friendly design elements and on-site social services.
Covenant House Starts Work on New Facility for NYC Youth
The purpose-built, 80,000-square-foot property in Manhattan will serve at-risk young people.
World’s Tallest Residential Building Tops Out
Located on Billionaire’s Row, Extell Development’s Central Park Tower rises 1,550 feet above New York City.
Multifamily Design Trends: Los Angeles vs. New York
Robert Gross of Nadel Architects discusses what differentiates the two metropolises when it comes to the design of residential communities and why starchitects are taking on multifamily projects.