New York
Top 10 NYC Multifamily Sales in May 2016
Check out the latest data from Property Shark and discover the priciest multifamily apartment deals in NYC recorded in May 2016. Find out the one borough which managed to put up a fight against Manhattan, who some of the top deal makers were, and what the kings of New York real estate are buying up now. 1. Sale Price: $75,400,000 Buyer: US-Dev Associates II LLC Seller: 85 East 10th and 112-120 East 11th Street LLC Part of a larger $127M deal which incorporates 6 East Village buildings, this property is slated for new development. New owners, Lightstone, are expected…
High-End Brooklyn Community Filling Up Fast
The Stahl Organization’s building features 144 condos and 234 rental units.
Construction Begins on 45 Park Place
Sharif El-Gamal’s Soho Properties has broken ground on the luxury condo tower in Manhattan’s Tribeca neighborhood, not far from the World Trade Center site.
Cape Advisors Launches Sales for 30 Warren
The developer of the new 12-story community is looking to fill the 23 lofty residences with outdoor spaces in Tribeca.
Residential Properties in Brooklyn to Be Repositioned by New Owner
The two five-story apartment buildings will be renovated and transformed into luxury condominiums.
CUCS Opens $40M Supportive Housing in the Bronx
The newly constructed building provides 107 homes and on-site support services to homeless and low-income individuals and families, including people with complex psychiatric and medical needs.
The Heart of the East Village Home Market
A popular area for the past 50 years or so, especially for young crowds, the area is touted as one of the more accessible neighborhoods in Lower Manhattan.
$98.8M Senior Housing Community to Open in the Bronx
Phase III of Fordham Bedford’s Serviam development has received financing to create 197 more units of affordable housing.
Naftali Group Tops Out Second Luxury Condos in Manhattan
The company is opening its second boutique condominium building on the Upper West Side, hoping to transform West 77th Street.
On the Market: 5 Interesting CRE Listings for the Week of 5/23
This week’s most interesting listings include a converted former U.S. Marine hospital and a renovated pre-war building in New York’s Chelsea neighborhood.