New York
LIHC to Preserve East Harlem Affordable Community
The firm has funded more than $20 million in capital improvements for Lakeview Apartments, which was constructed in 1974 and comprises four buildings.
GAIA Acquires 90 Condo Units in Manhattan
The firm paid $53 million for the apartments located within Bridge Tower Place, a luxury building on the Upper East Side.
On the Market: 5 Interesting Listings for the Week of 9/24
This week’s listings include a value-add opportunity in the growing Glendale area of Queens, N.Y.; a well-positioned Connecticut portfolio; and more.
Habitat for Humanity NYC Opens For-Sale Units
Two years after breaking ground, the non-profit and its partners welcomed 15 low-income families into their new homes at Dean Street Residences in Brooklyn.
Keybank Finances NJ Affordable Housing Projects
Omni New York secured a first-of-its-kind loan to acquire and rehabilitate Garden Spires and Spruce Spires apartments in Newark.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in August 2018 in New York City.
CT Community Receives $20M Financing
CS Acquisitions Group recently acquired the 200-unit Cove West Hartford in a $20.9 deal and plans to renovate the property.
Brookfield Acquires 2 Bronx Development Sites for $165M
A joint venture between affiliates of The Chetrit Group and Somerset Partners sold the parcels, located at 101 Lincoln Ave. and 2401 Third Ave., in Mott Haven.
Bronx Apartment Portfolio Commands $53M
Completed in the 1920s and 1930s, the three communities acquired by Lightstone Group total 233 units.
On the Market: 5 Interesting Listings for the Week of 9/7
This week’s list includes one of the few lakefront properties available in Chicago; a high-end asset in Santa Barbara, Calif.; and more.