New York
$75M Affordable Community Opens in Brooklyn
Located in the Brownsville neighborhood, the development is part of the state’s $20 billion housing initiative.
Hakimian Organization Lands $156M Loan for Queens Project
The financing will be used to start construction on the 364-unit affordable development.
Top 5 NYC Multifamily Building Sales—June 2021
PropertyShark compiled the top multifamily sales recorded last month in New York City.
Hudson Cos. Lands Refi for $470M Brooklyn Condo Project
The mixed-use property stands 38 stories in the Brooklyn Heights neighborhood.
Brooklyn to Get 900-Unit Affordable Community
The $400 million redevelopment is part of a $1.4 billion initiative launched in 2017.
SMA Equities Lands $56M Construction Loan for NYC High-Rise
Located in an affluent Manhattan residential area, the project is set to include 28 affordable housing units, with the remaining 80 apartments targeting market-rate renters.
What’s Next for NYC’s Multifamily Market
Will the return to the office stimulate the metro’s multifamily industry? Here’s what Robert Morgenstern, principal of Canvas Property Group and Morgenstern Capital, thinks.
Top 5 Northeast Markets for Multifamily Transactions
Investment volume in the region surpassed $3 billion at the end of May, according to Yardi Matrix data.
Jonathan Rose Cos. JV Lands $223M Loan for Phase II of Harlem Project
When completed, Sendero Verde is expected to be the largest multifamily development in the U.S. to meet Passive House standards.
Top 5 NYC Multifamily Sales—May 2021
A roundup of recent major deals recorded by PropertyShark.