New York
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in February 2018 in New York City.
2018 NYC Investment Predictions: Douglas Elliman
Team leader Yair Tavivian discusses the up-and-coming New York neighborhoods, as well as the biggest surprises of last year and how he sees them playing out.
JV to Develop 175-Unit Affordable Property in Upper Manhattan
Community League of the Heights, Ranger Properties, Alembic Community Development and the Children’s Village will build The Eliza, a fully affordable community that will include a renewed Inwood Library.
Cogswell Lee Tops Out on Lower Manhattan Condos
Gluck+ designed the seven-story boutique property, which will offer 45 luxury units on the former site of the Lower East Side’s last matzo factory.
Manhattan’s First Purpose-Built Assisted Care Center Breaks Ground
The assisted living and memory care community will rise 16 stories in Midtown Manhattan, offering 151 units and ground-level retail.
Greystone Provides $17M Refi for Brooklyn Asset
The Fannie Mae loan will be used to pay off a $12 million construction loan on the newly built condominium property.
BEB Capital Grabs East Harlem Community
The eight-story luxury apartment development, which opened in East Harlem in 2016, contains 29 units above one street-level retail space.
Hunt Mortgage Group Adds New Director
Kevin Deegan will coordinate the company’s affordable housing/FHA team, but he will also serve clients using Hunt Mortgage Group’s balance sheet products and agency executions.
JV Lands Equity, Construction Financing for Brooklyn Development
Lonicera Partners and Orange Management secured the $42.1 million, which was facilitated through JLL’s capital markets group, for a mixed-use luxury condo building.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales for January 2018 in New York City.