New York
On the Market: 5 Interesting Listings for the Week of 12/26
Recent listings include rustic-inspired townhomes catering to students at Appalachian State University and a community that formerly served as Florida’s original Cuban Consulate.
Brooklyn High-Rise Trades for $154M
Completed in 2011, The Addison includes both a 26-story tower and a 15-story tower.
JV Secures $150M Construction Loan for Queens Tower
AIG is providing the financing for the luxury community, which is set to open in early 2018.
Prospect Heights Assets Command $30M
Related Cos. has acquired four assets from BCB Property Management.
MEPT Adds 271 Units to NYC Footprint
Bentall Kennedy acquired the property on behalf of the fund to continue with its strategy of investing in primary, transit-oriented markets.
Average Manhattan Apartment Price Tops $2M for First Time
CityRealty.com’s year-end market report for Manhattan revealed significant trends in the borough’s real estate market.
Capital One Provides $118M Construction Loan for Yonkers Apartments
Consisting of more than 567,000 square feet, Larkin Plaza will offer 439 luxury apartment units, including 17 affordable units, divided between 25- and 17-story residential buildings.
30 Park Place Exceeds $110M in Sales
The high-end tower also celebrated the opening of the Four Seasons Hotel Downtown and Wolfgang Puck’s CUT restaurant.
JV Obtains $144M in Financing for Brooklyn Community
The project will include a number of relatively large, family-oriented units, a floor of dedicated amenities and about 6,000 square feet of ground-floor retail.