New York
Manhattan Apartment Sales Dip
CityRealty’s latest report reveals a slight drop in the number of Manhattan apartment sales, but prices are still reaching record highs.
Slate, Adam America and Vanke Pay $116M for Lower East Side Site
Slate Property Group, Adam America Real Estate and Vanke Holdings USA paid $116 million to acquire 45 Rivington Street, and plan to convert it to luxury residential condominiums.
New Astoria Apartments Start Leasing
The Grove was developed in the footprint of an historic lumber yard in Astoria.
Ideal Properties Group Founder Unveils New Women’s Initiative
Aleksandra Scepanovic caught up with MHN about Ideal Properties Group’s newest initiative and how it plans to support women in the real estate industry.
A Look at Long Island City’s Robust Condo Market
According to a recent study by HPDM, the average price per square foot for closed condo deals in Long Island City, N.Y., has risen steadily each of the past five years.
Luxury Condos in Manhattan’s West Village Land $285M in Financing
HFF secured the construction financing for 160 Leroy Street, a planned luxury condominium project by a powerhouse development and design team.
Work Under Way on Massive Queens Multifamily Development
The $1.5 billion development in Queens will eventually incorporate more than 2,400 rental apartments.
Top 10 NYC Multifamily Sales in January 2016
The data is in! New York City multifamily real estate rocketed into 2016, with numerous eight-figure-plus sales. Manhattan, Brooklyn and the Bronx all jockeyed for the spotlight. Check out PropertyShark’s list of the top 10 most expensive multifamily deals recorded in NYC in January: 10. 4002-4004 & 4014-4016 Carpenter Ave., The Bronx Sale Price: $15,900,000 Buyer: Nysandy12 Cbp5 LLC Seller: Ecp Carpenter LLC The Real Deal reports that these two properties are part of a a much larger portfolio acquisition. In a partnership between Related and the New York City pension funds, a total of 737 Bronx apartments are being…
Mixed-Use Development to Rise Across from Historic Beacon Theatre
Eastern Union secured a $14.8 million construction loan for Opal Holdings’ new mixed-use residential development that will transform the current building at 207 W. 75th Street.
$170M Financing Secured for FiDi’s 20 Broad Street
JLL secured $170 million in financing for the conversion of 20 Broad Street, a 29-story office building that FiDi veteran Nathan Berman will transform into a residential and retail asset.