New York

Property at 125 3rd St, Brookly, N.Y.

Brooklyn Development Lands $68M Loan

The project will benefit from the 421a tax abatement program.

The Yellowstone Rendering

Slate Property Group JV Lands $97M for Queens Community

Loan proceeds will be used to retire existing debt.

A rendering of a new project at the site of a former dairy in Brooklyn

Leasing Launched at Brooklyn Adaptive Reuse Project

The Highland is being built on the site of the former Empire State Dairy Co. in the borough’s Cypress Hills neighborhood.

A light-filled modern apartment interior is shown in a rendering of a potential project.

Studio ST Offers Blueprint for Midtown Manhattan Conversions

The proposal is a response to New York’s “City of Yes” housing initiative.

Ming’s Garden Realty Lands $60M Bridge Loan for Queens Project

Slate Property Group provided financing backing the 143-unit development in Astoria.

Queens. Photo by Photo by Alex Potemkin/iStockphoto.com

Queens Multifamily Report – January 2024

Occupancy flat, rents on the rise in the NYC borough.

Source: PropertyShark, a Yardi Systems Inc. company

Top 5 NYC Multifamily Building Sales—January 2024

A roundup of recent major transactions put together by PropertyShark.

Douglaston JV Secures Construction Debt for NYC Community

Two city agencies provided $106 million in financing for the project.

The property features 74 units across 7 stories.

Brooklyn Community Lands $27M Refi

Adam America, in partnership with The Horizon Group, developed the property.

Brooklyn. Photo by Arturo Stanig/iStockphoto.com

Brooklyn Multifamily Report – January 2024

The borough sports one of the country’s best rent growth levels.