New York
Mortar Arch + Dev Nabs Brooklyn Development Site
The developer plans to begin work on a new, five-story condo development at the Greenpoint site, beginning in the winter of 2018.
Heartstone Development JV Opens NJ Community
Hidden Village in Aberdeen, N.J., features 200 rental units and a number of amenities, including a swimming pool, private garages for most units and a clubhouse.
Long Island Apartments Sell for $8M
Cushman & Wakefield represented the seller of three-story property, which was was built in 1959 and is located within walking distance of public transportation and retail options.
NYC-Area Development Receives $59M Financing
Cole Schotz P.C. arranged the construction loan on behalf of a joint venture, for the $95 million development of a 249-unit, mixed-use project in Mt. Vernon, N.Y.
Waterline Square Tops Out in Manhattan
GID Development Group has celebrated the topping out of the 2.2 million-square-foot development. The three-tower building is scheduled to welcome its first buyers by the end of 2018.
Sky-High Amenity Debuts at Manhattan Tower
The rooftop club caps The Eugene, the sole residential component of Brookfield Property Partners’ massive Manhattan West project.
Henley USA Acquires Queens Apartments for $23M
The company plans to renovate the 56-unit property in Jackson Heights, including upgrades to the heating systems and updating common areas.
Jonathan Rose Begins Leasing Brooklyn Community
Caesura, named after a pause in the middle of a line of music or poetry, features 123 studios and one- and two-bedroom apartments, in addition to 34 furnished micro units. Move-ins will begin in February 2018.
Greystone Appoints New CEO
Thomas Ryan, who has been with the company since 1999, will be replacing current CEO Jeff Simpson in January 2018.
Stamford Community Commands $67M
TH Real Estate sold The Wescott Apartments in Stamford, Conn., to a New Jersey-based investor, while Pensam Residential and Freddie Mac provided a preferred equity investment to facilitate the acquisition.