New York
World’s Tallest Residential Building Nabs $1.1B Financing
Upon its completion in 2020, Extell Development Co.’s Central Park Tower will be one of the supertall structures located along the luxurious Billionaires’ Row in Manhattan.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales for November 2017 in New York City.
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.