New York

A chart of NYC's top multifamily sales of 2025

Top 5 NYC Multifamily Building Sales—May 2025

The metro’s top deals for the sector rounded up by PropertyShark.

Exterior shot of One Grove, a multifamily property in Jersey City, N.J.

TKK Capital Lands $81M Refi for Jersey City Community

The 200-unit property came online last year.

Exterior shot of 5 Times Square, an office tower slated for multifamily conversion in Manhattan, N.Y.

RXR JV Lands $575M for Manhattan Conversion

Construction is slated to kick off this year.

New York, NY, USA - August 20, 2022: Aerial view of New York city skyline and Hudson River viewed from the top of the building at sunset in New York, NY, USA.

Manhattan Multifamily Report – May 2025

The borough even topped its neighbors across the East River.

Rendering of the completed La Central development in the Bronx, N.Y.

Bronx Project Moves Forward With $343M Phase 2

Completion of the 1,000-unit development is set for 2028.

gotham west

Gotham Lands $460M for Manhattan Community

Wells Fargo and Fannie Mae were instrumental in this deal.

Exterior shot of The Monterey, a multifamily community in Manhattan, N.Y.

Cammeby’s Lands $173M for Manhattan Asset

NewPoint Real Estate Capital issued the loan.

The community is among the oldest public housing properties in New York City.

Bronx Public Housing Receives $231M for Full Renovation

The community is among the oldest public housing properties in New York City.

A rendering of the 55-story tower in Long Island City, New York, set to break ground later this month.

Charney, Tavros Secure $535M in Construction Financing for NYC Tower

The developers spent years acquiring the project parcels.

Exterior shot of Independence Plaza

Vornado JV Closes on $675M Refi for Luxury Manhattan Community

The owners are planning to build a 900-unit expansion to the property.