Northeast
Manhattan Multifamily Report – Winter 2019
Apartment demand remains high across the borough, where more than 3,700 units came online in 2018, representing 1.1 percent of total inventory.
Boston Boutique Multifamily Community Changes Ownership
Corcoran Management Co. acquired the 31-unit luxury property for $25 million. HFF represented the seller, The Cincotta Cos., and procured the buyer.
Vacant NY Building to Become Affordable Housing Property
The nine-apartment project is part of PUSH Buffalo’s revitalization plan to spur development across a 30-block area on the city’s West Side.
UK-Based Co-Living Operator Expands NYC Footprint
The Collective made its third investment in the city by acquiring the Paper Factory Hotel in Queens, which will be converted into a short-stay co-living facility.
When Affordable Housing Clicks with Technology
Massachusetts Housing Partnership’s Susan Connelly, MPZ Development’s Mathieu Zahler and coUrbanize’s Karin Brandt discuss the ways online outreach tools can spur civic engagement and address community issues.
Queens Multifamily Report – Winter 2019
Continuing to benefit from Manhattan’s spillover effect and steady job gains, the borough’s rental market ended 2018 on a positive note.
Morgan Properties Acquires 4,130-Unit Portfolio
Metro Philadelphia’s largest-ever multifamily deal, the acquisition makes Morgan the largest owner-operator in the market.
Tishman Speyer, Common Team Up on Housing Brand for Families
Scheduled for a May launch at a community in Long Island City, N.Y., the new concept will use technology to offer services and resources for parents, as well as family-friendly designs and amenities.
RXR Realty Begins Leasing at Luxury Brooklyn Property
Offering 363 units, 475 Clermont features amenities such as catering kitchens, a pet spa and yoga studio. Occupancy is scheduled to begin in April 2019.
New York City Luxury Tower Gets $215M Refi
The 450-unit residential building, the tallest tower in Queens, opened in 2017 and was developed by Heatherwood Luxury Rentals.