New York
On the Market: This Week’s 5 Most Interesting CRE Listings
Check out this week’s most interesting CRE listings across the country.
City Council Approves de Blasio’s Affordable Housing Programs
The NYC City Council approved two major components of Mayor de Blasio’s affordable housing plan with the passing of the MIH and ZQA programs.
KRE Group, Oxford Realty Buy Deer Creek for $45M
The partnership has teamed up again to purchase a 288-unit apartment community that fits with their strategy of scooping up properties with value-add potential.
New Queens Apartments 50 Percent Rented in a Matter of Weeks
The 62-unit property, developed by Tsilo Group on the site of a former lumber yard at 30-40 21st St., is a mix of studios and one- and two-bedroom units.
Top 10 NYC Multifamily Sales in February 2016
February’s recorded sales show a strong demand for multifamily apartment buildings in New York. Manhattan led the pack, with multiple package deals that could promise exciting new redevelopments. Brooklyn, Queens and even the Bronx make appearances, too. Check out the most expensive transactions, and the latest data from PropertyShark. 1. 420-423 E. 54 St., Manhattan Sale Price: $390,000,000 Buyer: River Tower Owner, LLC Seller: EQR-River Tower A, LLC East Midtown’s RiverTower building tops February’s recorded sales at a healthy $390M. While it sold at significantly less than was predicted by The Real Deal, Sam Zell’s Equity Residential was rumored…
Inside Greystone’s New West Village Luxury Property
The boutique corner building in the Greenwich Village Historic District features five full-floor residences, among them a duplex penthouse with three private outdoor spaces.
One Hundred East Fifty Third Street Rolls Out Membership Program
This is the latest amenity to be unveiled by the developers of the property, RFR and the Chinese real estate firm Vanke.
Greystone Development Plans New Apartments in Long Island City
The existing structure, mostly used as an office building, will receive a vertical enlargement.
Lightstone Kicks Off Leasing for New Luxury Development in Brooklyn
365 Bond is the first residential development on the Gowanus Canal, in one of New York’s up-and-coming hot spots with a new waterfront esplanade.
New Apartment Building in Brooklyn’s Ditmas Park Sells for Nearly $20M
The 45,000-square-foot elevator building consists of 44 residential units.