New York

1709 Surf Avenue (Phase 3) rendering. Image courtesy of BFC Partners

BFC Eyes Phase 3 of Giant Brooklyn Affordable Project

The affordable housing development’s first two phases cost nearly $450 million.

Brookfield Sells NYC Affordable Housing Asset

Slate Property Group has acquired the community, which is located in Queens’ Corona neighborhood.

Tishman Speyer Breaks Ground on Fully Affordable Queens Community

Located in the Far Rockaway neighborhood, all of the property’s units will be designated as affordable or supportive housing.

New Empire Breaks Ground on Long Island City Project

The project is the developer’s latest Queens build.

The Peninsula rendering. Image courtesy of WXY Studios

Phase 2 of Bronx Affordable Development Lands $297M

The completed project will comprise two buildings totaling more than 350 units.

Global Holdings Buys Manhattan Property

Citibank provided acquisition financing.

Pomeranc Group Acquires New Jersey Community

Cushman & Wakefield arranged the sale of the 465-unit asset.

Image by Harry Gillen via

BLDG Secures $425M for Queens Mixed-Use Development

The 69-story skyscraper will comprise 800-plus residential units.

Queens. Photo by Alex Potemkin/

Queens Multifamily Report – May 2023

Meanwhile, the workforce segment is treading water.

Developer Duo to Recapitalize Bronx Properties

The developers have upgraded the affordable New York City assets.