New York
New Management for Madison Crossing at Birch Hill
The active adult community is located just one hour away from New York City and offers several leisure amenities, including a fitness center and game rooms.
Largest Private Residential Rooftop Solar Project Planned for NYC
Blackstone and Ivanhoé Cambridge are working on the project at Stuyvesant Town-Peter Cooper Village, which will include adding 9,671 high-efficiency solar panels to 22 acres of rooftops.
Brooklyn Residential Tower Lands $218M Refi
Located in Brooklyn Cultural District Fort Greene, the Gotham Organization’s 586-unit Ashland offers residents a wide range of amenities, including a 17,000-square-foot Gotham Market.
Lightstone Completes Long Island City Development
The 428-unit ARC features luxury amenities such as a salt-water pool, bocce courts and a greenhouse.
Meridian Sells Brooklyn Community for $18M
The firm sold the 60-unit, post-war building to S. Antonio Realty. The average unit size is 1,050 square feet.
NY Nursing Facility Lands $25M Refi
Greystone provided the HUD-insured loan for Adira at Riverside Rehabilitation & Nursing in Yonkers, N.Y. The financing carries a 30-year term at a low, fixed rate.
Greystar Nabs NJ Community for $70M
Cushman & Wakefield represented the seller, Invesco Real Estate, in the disposition of the amenity-filled, 115-unit property located in Hoboken, N.J.
Jehovah’s Witnesses Sells Historic Brooklyn Asset
Formerly a hotel known as “the aristocrat of Brooklyn Heights,” the 295-unit The Towers will be redeveloped into Brooklyn’s first luxury senior housing community.
JV to Build 274 Affordable Units in Brooklyn
HPD and HDC designated the joint venture between MHANY Management, Urban Builders Collaborative and Cypress Hills Local Development Corp. to develop Chestnut Commons, which will be East New York’s largest affordable community.
Meridian Capital Arranges $50M Construction Loan
SAMTD Woodbridge LLC will use the financing for the development of The Grande at Metro Park, a 232-unit apartment community in Iselin, NJ. The buildings will feature an 8,200-square-foot retail space.