New York
Stellar Management Launches Brooklyn Luxury Condo
The company’s first solo ground-up development, the 197-unit, eight-story partially affordable OTTO in Brooklyn, will soon welcome its first residents.
Diluted Inventory Moderates Growth in Manhattan
Due to a quick increase in rental unit and condo development, rents and per-square-foot prices are sliding in the prohibitively priced market.
Brack Capital Completes NYC Condos
Designed by Gottesman Architecture and GSArch, former print house 90 Morton Residences includes 35 units, a private car drop-off, a cold storage room and an indoor pool.
Castle Lanterra Appoints New Managing Partner
Gila Cohen, who brings 20 years of commercial real estate and financial services experience to the team, previously served as a consultant, strategic advisor and private placement professional.
CAMBA Debuts $100M Brooklyn Affordable Housing
The community is located on NYC Health + Hospitals’ Kings County Campus and includes 293 units, 182 of which are reserved for the formerly homeless.
Roseland Residential Opens NJ Luxury Community
A former office building, Signature Place in Morris Plains includes 197 units and golf simulators, a tennis court and a movie theater.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in March 2018 in New York City.
HFF Provides $20M Financing for Manhattan Condo Project
Working on behalf of the developer, privately owned real estate company Ekstein Development Group, the HFF team placed the floating-rate construction loan with S3 Capital Partners.
JV Secures Financing for Manhattan Luxury Condos
Delancey Street Associates, a joint venture including BFC Partners, L+M Development Partners, Taconic Investment Partners and Goldman Sachs, is developing 202 Broome at Essex Crossing, which will include 83 units and retail and office space. Construction is expected to be complete in 2021.
Manhattan Condo Project Secures $72M
Highline Development Group’s property, 550 W. 29th Street, includes 19 units and more than 5,000 square feet of retail or gallery space.