New York
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in February 2019 in New York City.
Manhattan Multifamily Report – Winter 2019
Apartment demand remains high across the borough, where more than 3,700 units came online in 2018, representing 1.1 percent of total inventory.
UK-Based Co-Living Operator Expands NYC Footprint
The Collective made its third investment in the city by acquiring the Paper Factory Hotel in Queens, which will be converted into a short-stay co-living facility.
Queens Multifamily Report – Winter 2019
Continuing to benefit from Manhattan’s spillover effect and steady job gains, the borough’s rental market ended 2018 on a positive note.
Tishman Speyer, Common Team Up on Housing Brand for Families
Scheduled for a May launch at a community in Long Island City, N.Y., the new concept will use technology to offer services and resources for parents, as well as family-friendly designs and amenities.
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.
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.
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.
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.
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.