New York
NY State’s Largest MHC Owner-Operator Is Thirsty for More
Cook Properties CEO Jeff Cook sheds light on the growth of this alternative asset class as he prepares to further expand his East Coast portfolio.
BRP Cos. Secures $378M Construction Loan for Queens Development
Basis Investment Group has joined as a partner on the 715,000-square-foot project.
Foxy Management Tops Out NYC Affordable Senior Housing
The $93 million project is slated for 2023 completion.
New Solutions to Housing Affordability
Rising construction costs are complicating efforts to meet demand for low-income housing. But new collaborations and the President’s recently announced plan offer possibilities for success.
New Empire Corp. Buys Land for Queens Condo Project
The project will add 120 units in the Woodside area.
Top 5 NYC Multifamily Building Sales—May 2022
PropertyShark’s monthly roundup of the city’s biggest deals.
$121M NYC Affordable Housing Community Opens
Peninsula 1B is the first residential building to open at a planned mixed-use megaproject.
LCOR, Madison International Land $87M for NJ Community
JLL Capital Markets arranged the financing for the mixed-use community.
Japanese Investor Enters US Market
MC Real Estate Partners and Tokyo Trust Capital acquired the 416-unit asset on behalf of the financial institution.
New York to Transform Distressed Hotels Into Affordable Housing
The law allows for Class B hotels to use certificates of occupancy to operate as residential spaces.