New York
CapStack’s Stake in Multifamily Investment
The New York City-based firm is focusing on value-add opportunities in the Southeastern U.S. With 15 years of experience in the industry, Portfolio Manager Ben Inman will handle acquisition and asset management of CapStack’s multifamily investments.
New Destiny Breaks Ground on Affordable Bronx Community
The Jennings will feature 42 units for low-income households. Alex Gorlin is the architect and Lettire Construction is the general contractor.
Manhattan Community Trades for $61M
The 117-unit apartment building is situated in the Gramercy Park neighborhood, while residents benefit from easy access to multiple public transportation options.
$50M Community Breaks Ground in Suburban NJ
A public-private partnership is developing Quin Sleepy Hollow, a 212-unit, amenity-filled project that is the largest upcoming residential development in Plainfield, N.J.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales for July 2017 in New York City.
Investing in Brooklyn
Ideal Properties Group’s co-founder Aleksandra Scepanovic talks about the borough’s trends and how investors can identify the emerging opportunities.
How Building Age Impacts Rent in NYC
For potential Manhattan renters, a building’s age is not just a number, according to a new report from RentHop. But just how much of a rent difference is there between pre-war and post-war buildings?
Moinian Group, SL Green Snag $500M for Manhattan Tower
Sky Residence includes 1,175 units and 70,000 square feet of amenity space in a 71-story community. It is the largest single-tower residential building in the U.S., and received the largest-ever single-asset tax-exempt financing completed by Freddie Mac.
Supportive Housing Coming to Brooklyn
Comunilife and NYC Health + Hospitals broke ground on a $28 million, 89-unit community that will provide housing to low-income residents and individuals with behavioral health issues.
Northern NJ Community Trades for $41M
Gebroe-Hammer Associates represented both parties in the sale of Crest Ridge Apartments, a 178-unit, garden apartment community located in West Orange, N.J.