New York

Developing NYC Condos in the Aftermath of COVID-19

What does it take to keep up with demand and meet residents’ needs? Bentley Zhao, CEO of New Empire Corp., shares his strategy.

Top 5 NYC Multifamily Building Sales—June 2022

PropertyShark’s monthly roundup of the city’s biggest deals.

$189M Bronx Affordable Housing Breaks Ground

Starhill Phase I will feature 326 units, including 200 residences set aside for the homeless.

Harbor Group Closes $83M New Jersey Sale

The Mark Parsippany last traded in 2020.

Avalon Green. Image courtesy of Harbor Group International and Azure Partners

AvalonBay Sells NY Community for $306M

Common areas and units are slated for a $9 million upgrade.

Brooklyn Development Scores $134M

The community will include 95 affordable units.

Invesco Pays $44M for Brooklyn Self Storage

The property last traded in 2007 for a quarter of the current price.

2856 Webster Ave. Image courtesy of Douglaston Development

Douglaston Development Tops Out Bronx Senior Housing Project

Located next to the New York Botanical Garden, the community will provide units for residents earning 50 percent of AMI.

A&E Real Estate Buys Manhattan Apartments for $415M

CBRE arranged the sale of the 455-unit building located on the Upper West Side.

NHPF Lands $56M Refi for 2 Newark Affordable Communities

A total of 15 out of the 143 units will be set aside for individuals in need of permanent supportive housing.