New York

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.

Phipps Houses Lands $217M Loan for Affordable Brooklyn Community

The 403-unit project is expected to be complete in the fall of 2023.

Queens: Image by Sean Pavone/iStockphoto.com

Queens Multifamily Report – Spring 2021

While neighboring boroughs are showing improving fundamentals, Queens seems to be in for a bumpier ride.

J&L Cos. Receives $94M Loan for Newark Project

Greystone has arranged construction financing for the 12-story development.

Manhattan: Image by MicheleVacchiano/iStockphoto.com

Manhattan Multifamily Report – Spring 2021

After bottoming out in the last quarter of 2020, rates in the borough are slowly but steadily gaining ground.