New York
Top 5 NYC Multifamily Building Sales—August 2025
Here are the metro’s top deals for the sector, collected monthly by PropertyShark.
Russo Development Funds 2-Phase NJ Luxury Project
Development is taking shape at the site of a former Sears department store.
Arthur Leeds Sells Bronx Portfolio
The owner held on to the properties for 50 years.
Gilbane JV Begins Brooklyn Affordable Housing Project
When completed, the community will include a performing arts center and cultural space.
Ironstate JV Closes on $340M for Jersey City High-Rises
The deal was the latest in a series of nine-figure refis in the area.
JV Gets to Work on Jersey Mixed-Income Community
The project will also include a mix of housing types.
How the Nation’s Largest Office-to-Residential Conversion Came to Life
An in-depth interview with the team behind the repurposing of Manhattan’s 25 Water St.
NYC Self Storage Portfolio Scores $156M Refi
The portfolio spans more than 7,200 units across three boroughs.
Ironstate Closes on $162M for NJ Project
The project adds to a scarce construction pipeline in this North Jersey city.
Policy Meets Impact in NYC: Turning Vacant Offices Into Vital Housing
Market-rate and affordable apartments are coming to Billionaires’ Row. TF Cornerstone’s Jeremy Shell on how developers respond to the right signals.