New York
Manhattan Market Gains Momentum
Rents, occupancy and development are all on the rise. The financial sector, in particular, is providing an influx of affluent residents looking to live in the borough’s most popular neighborhoods.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in September 2018 in New York City.
JV Launches Sales at NYC Condo
Tamarkin Co. and CL Investment Group’s 13-unit building on the Upper West Side was previously a private school.
HAP Investments Promotes Andrea Lawrence to Deputy CEO
Lawrence, who has been with the company since 2013, will work with Co-Founder & CEO Eran Polack to plan, develop and manage the firm’s real estate portfolio.
CPC Originates $11M Refi for Brooklyn Assets
The finance company provided the Freddie Mac loans for three multifamily properties in Cypress Hills, Crown Heights and Fort Greene.
Meridian Arranges $258M for NJ Multifamily Developments
Madison Realty Capital provided the financing package for the owner, Accurate Builders & Developers, for three multifamily projects in Bayonne, Linden and Raritan, N.J.
DMG Investments Opens Luxury NJ Condos
One Park, located in Cliffside Park, offers 204 apartments with access to amenities such as a squash court and a heated pool.
AmTrust Realty Launches Leasing in Brooklyn
The 270-unit building features a top-floor lounge with views of the Manhattan skyline. Citi Habitats has been tapped to handle leasing.
Beacon Communities Completes First Phase of $30M Rehab Project in NY
Martin Luther King Apartments, an affordable housing property in Troy, is undergoing extensive renovations under Housing and Urban Development’s Rental Assistance Demonstration program.
Berkshire Group Grabs NJ Community
The 12-building property—known as Steward’s Crossing—in Lawrenceville is in the vicinity of major thoroughfares, notable employers and Princeton University.