New York
E&M Management Buys 2 NY Properties
The two communities, located in Port Ewen and Kingston, traded for $44 million. The purchase was funded with a $33 million loan.
Victor Group, Lendlease Top Out on NYC Skyscraper
The 55-story, ultra-luxury 277 Fifth Avenue condominium tower, designed by Rafael Viñoly, will feature 130 one- to four-bedroom apartments.
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.