News - New York

  • Sky-High Amenity Debuts at Manhattan Tower

    The rooftop club caps The Eugene, the sole residential component of Brookfield Property Partners' massive Manhattan West project.

    14 December 2017 17:47
  • Henley USA Acquires Queens Apartments for $23M

    The company plans to renovate the 56-unit property in Jackson Heights, including upgrades to the heating systems and updating common areas.

    13 December 2017 14:55
  • Jonathan Rose Begins Leasing Brooklyn Community

    Caesura, named after a pause in the middle of a line of music or poetry, features 123 studios and one- and two-bedroom apartments, in addition to 34 furnished micro units. Move-ins will begin in February 2018.

    12 December 2017 17:20
  • Greystone Appoints New CEO

    Thomas Ryan, who has been with the company since 1999, will be replacing current CEO Jeff Simpson in January 2018.

    12 December 2017 14:52
  • Stamford Community Commands $67M

    TH Real Estate sold The Wescott Apartments in Stamford, Conn., to a New Jersey-based investor, while Pensam Residential and Freddie Mac provided a preferred equity investment to facilitate the acquisition.

    11 December 2017 22:17
  • Meridian Sells 2 Brooklyn Apartment Buildings

    The East Flatbush Portfolio, comprising two elevator buildings, has been sold for $26.5 million. The corner location and up-to-date condition of the properties require no additional maintenance.

    11 December 2017 21:26
  • Woodmont Breaks Ground on Luxury NJ Community

    Woodmont Bay Club Bayonne will comprise 220 units spanning four acres. Construction is slated for completion in the spring of 2019.

    11 December 2017 17:48
  • LichtensteinRE Closes $11M All Cash Sale

    The off-market sale of the renovated multifamily property in the Bronx’s Tremont neighborhood offers an excellent investment opportunity as rents increase.

    08 December 2017 20:36
  • Brooklyn Development Lands $15M

    The bridge loan will finance a three-building development of residential units over street-level retail in an accessible part of the city’s Bedford-Stuyvesant neighborhood.

    08 December 2017 20:14
  • Transit-Oriented Development Accelerates in Queens

    An expanding pipeline and affordability issues are putting pressure on rent growth, but the borough’s multifamily market continues to show signs of long-term stability, due to New York’s overall strong fundamentals.

    08 December 2017 14:42
  • What Does De Blasio’s Re-Election Mean for NYC Affordable Housing?

    During his campaign, Mayor Bill de Blasio pledged to expand his focus on affordable housing. Standard Communities Co-Founders Scott Alter and Jeff Jaeger weigh in on how his re-election will impact affordable housing developers and renters.

    06 December 2017 14:18
  • Luxury Boutique Community in Brooklyn Hits the Market

    Meridian Capital Group will handle the sale of the recently completed Brooklyn Grand, a two-building residential and retail development in Williamsburg.

    05 December 2017 21:13
  • Berkadia Appoints New Head of Mortgage Banking

    Hilary Provinse has joined the company after spending more than 15 years at Fannie Mae, where she led the firm's mulitfamily debt lending activities.

    04 December 2017 16:01
  • Rents Contract as New Units Come Online in Brooklyn

    Brooklyn is seeing an explosive expansion of office-using industries and the tax environment is having a positive effect on multifamily construction and on future affordable housing development.

    27 November 2017 15:35
  • Top 10 Apartment Owners in Brooklyn

    An explosion of new supply and a high cost of living have tempered rents in the area. Based on Yardi Matrix data, MHN compiled a list of the borough's top owners.

    27 November 2017 15:25