New York
Five Cutting-Edge City Initiatives in Affordable Housing
We’ve identified five of the newest or most creative local initiatives to deliver more affordable housing units to the renters who need it.
Matt Jones Moves Up the Ladder at Harbor Group International
The executive’s new role as director of acquisitions will include leading and executing the firm’s investment strategy across all product types and markets.
241-Unit Affordable Housing Project to Replace Former School in the Bronx
Trinity Financial and MBD Community Housing Corp. will develop the 24-story, energy efficient, mixed-use tower in the Bronx’s Mott Haven neighborhood.
Alliance Residential Names Gregory Belew Managing Director
With over two decades of experience in all phases of the development process, Belew will lead the firm’s expansion in the Northeast.
Tribeca Building with Development Potential Lands Long-Awaited New Owner
Cushman & Wakefield sold the 13-unit development for $1,064 per square foot.
The Benefits of Energy-Efficiency Improvements in Multifamily
MHN caught up with long-time multifamily owner and operator Robert Nelson of Nelson Management Group to discuss how making energy-efficiency upgrades to properties can benefit your business as well as your residents.
Clarion, Taconic Snag $110M for Bronx Apartment Refi
Capital One provided the loan to refinance the massive Eastchester Heights Apartments.
Hines, Welltower Plan Senior Housing in Midtown Manhattan
The partners will demolish the existing commercial structures on the site to make way for a new 15-story community with retail at the base.
Top 10 NYC Multifamily Sales in March 2016
March 2016 records reveal an active month for NYC multifamily deals. Dive into the data from PropertyShark and discover who the top deal-makers of March were, as well as discovering the premium being put on apartment buildings compared to just a few years ago. 1. 760-774 3rd Avenue, Manhattan Sale Price: $270,000,000 Buyer: 160 East 48th Street Owner II LLC Seller: Buchanan Apartments LLC The biggest deal of the month goes to a joint venture between Madison Realty and USAA Real Estate. The ‘Buchanan’ building houses 299 apartments, as well as office and retail space. Almost 200 of the…
The Preserve Adds Luxury Senior Housing to Northern N.J.
The KABR Group and The Pinnacle Cos. are currently leasing pet-friendly residences at the new 55+ luxury apartment community in West Caldwell, N.J.