New York

New York City. Photo by Rebecca Hankins via Unsplash

The Need for Affordable Housing Continues to Pressure NYC

New York City affordable housing developers offer their insights on the city’s housing crisis and talk about their efforts to alleviate the issue.

JASA Lands $75M Refi for Senior Property in Queens

Loan proceeds will fund planned capital improvements to the 512-unit property in the Far Rockaway neighborhood.

Top 5 NYC Multifamily Sales—November 2020

PropertyShark compiled the top multifamily sales recorded last month in New York City.

NRP Group Breaks Ground on New Rochelle Workforce Housing Project

The developer expects to complete the $97 million Renaissance at Lincoln Park community by 2023.

Quarters Opens New Co-Living in Brooklyn

The 41,000-square-foot property built in a former school features 160 bedrooms in suites and duplex units.

Walker & Dunlop Closes $32M New York Sale

Managing Directors Thomas Walsh and Joseph Garibaldi facilitated the disposition of the 100-unit, transit-oriented luxury community in Port Chester.

Finkelstein Timberger Secures $186M Bronx Refi

Fannie Mae provided the loan for 16 apartment properties through PGIM Real Estate’s agency lending program.

Capitol Seniors Housing Opens New York Facility

The 101-suite property in the town of Greenburgh is operated by Chelsea Senior Living.

New York Skilled Nursing Facility Lands $10M Refi

The 120-bed Sunset Nursing and Rehabilitation Center in Oneida County offers 54 semi-private and 12 private units.

Apartment building.

Luxury Manhattan Condo Project Gets $63M

MSD Partners provided the financing package for the development of the 19-story high-rise on the Upper West Side.