Northeast
New York’s Rent Reform Pushes Investors Toward South Florida
As investors pull away from markets with rent control laws, the Sunshine State seems to be one of the greatest beneficiaries. Brown Harris Stevens’ Phil Gutman explains why it’s hard to match the advantages Florida has to offer.
Boston Multifamily Market: Secondary Locations Gain Popularity
Walker & Dunlop’s Travis D’Amato sheds light on how Boston investors and developers are shifting their strategies to stay above rising costs.
Queens’ T-Building: From Hospital to Affordable Housing Community
Dunn Development Corp. has started work on transforming the historic structure into a 200-unit affordable housing property, slated for completion in 2021.
Pembrook CEO: Affordable Housing Can Be Top Performing
Stuart Boesky, CEO of Pembrook Capital Management, explains how affordable rental housing can be a successful investment, even in times of economic distress.
Arch Cos. Adds Partner, Head of Subsidiary
Jason Paul has more than 10 years of experience in multifamily and mixed-use assets.
RXR Breaks Ground on New Rochelle Community
The mixed-use property is the latest piece of the real estate firm’s redevelopment plan for the town, located just outside of New York City.
New Jersey Community Lands $118M in Financing
A portion of the loan will be used to complete unit renovations at the 360-unit property in Essex County.
Manhattan Rental Property Lands $215M Refi
The part-affordable community is located within Essex Crossing, a mixed-use development that will eventually house more than 1,000 apartment units.
1st Phase of Bronx Mixed-Use Project Delivers
Breaking Ground and its partner Comunilife Inc. have opened the first affordable building as part of a 1.1 million-square-foot development.
Philadelphia Multifamily Report – Fall 2019
Rents in the metro rose 3.7 percent year-over-year through August, outpacing the 3.3 percent U.S. rate.