New York
TODAY’S DEALS: Kushner Cos. Acquires New York Walk-Up Portfolio for $131.5M
Kushner Companies closes on the acquisition of a 16-building, 291-unit portfolio of Manhattan and Brooklyn multifamily walk-up properties; and HFF secures financing for a property near the University of Houston.
New Partnership Investing $20M in Affordable Housing in California
The Community Development Trust, a national private real estate investment trust, has announced a partnership with TIAA-CREF, a national financial services organization, to invest in affordable housing in California.
Rare Units in Brooklyn Building Selling Quickly
A full-service luxury condominium building nestled in the heart of Brooklyn’s historic Carroll Gardens neighborhood is almost at capacity—before the doors even open.
TODAY’S DEALS: Queens Apartment Trades Hands
A ‘Quooklyn’ asset trades for $21 million; Marcus & Millichap brokers the sale of a fractured condo in Tampa; and Red Capital provides an $8.8 million balance-sheet loan for the construction of a memory-care project.
Small Issue Costing NYC Building Owners Millions Annually
Through the cold winter months, tall buildings act like chimneys—heat escaping through cracks and gaps in the roof and frigid air making its way through the bottom. The boiler runs overtime and so does your wallet.
World-Class Residences Joining Manhattan’s Upper West Side
A new 18-story luxury residential building with parking on site is coming to the Upper West Side.
Internationally Renowned Architect/Designer Crafting Tower for New York Skyline
Acclaimed Italian Architect and Designer Piero Lissoni is designing his first New York residential condominium project.
Bed Bath & Beyond Heading to Brooklyn
After going through a $100 million makeover, the 1.1 million square foot Liberty View Industrial Plaza is rapidly turning into Brooklyn’s most wanted place to lease for retailers.
TODAY’S DEALS: Berkshire Group Cashes in with Portland Sale
ARA brokers a 123-unit Portland sale; GoldOller nabs 843 units in Houston; and GFI Realty arranges the sale of a walk-up building for $250,000 per unit in Queens, N.Y.