New York
Top 5 NYC Multifamily Building Sales—August 2026
Here are the city’s biggest deals of the month.
Iris Holdings Lands $86M for Queens Affordable Portfolio
The firm acquired the collection in 2024.
Borough Pays $84M for Brooklyn Site, Plans Community
JLL Capital Markets arranged the deal.
JV Breaks Ground on $167M NYC Conversion Project
The property is a former women’s correctional facility.
Historic Brooklyn Hotel to Become Ritz-Carlton-Branded Residences
The Brooklyn Heights property dates to 1909.
JV Lands $219M for FiDi Office-to-Resi Project
Ten floors will undergo redevelopment, while the others will continue to serve as office space.
Capstone, BH3 Obtain $208M for Brooklyn Office-to-Resi Project
This conversion comes with an unusual twist.
Manhattan Multifamily Report – August 2026
NYC on the whole is showing strong growth.
BRP Starts $178M NYC-Area Transit-Oriented Project
A combination of public and private financing is funding the mixed-use development.










