Northeast
A Look Inside Brookfield’s Newest NYC Tower
In an exclusive multimedia tour, Maria Masi of Brookfield Properties talks about One Blue Slip, the 359-unit community that is part of the Greenpoint Landing master plan in Brooklyn.
NYC Details $24B Public Housing Upgrade
Transfer to Preserve is among several programs launched by Mayor Bill de Blasio’s administration to raise capital for repairs at the city’s NYCHA sites.
Brooklyn Community Secures $113M Refi
Goldman Sachs originated the new loan, which pays down a previous $120 million construction mortgage for the 2016-built luxury property.
$125M Loan Awarded to NYC Luxury Building
Germany-based commercial bank Helaba provided the loan package to Stellar Management in a transaction brokered by Cushman & Wakefield.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in November 2018 in New York City.
NYC Healthcare Facility Secures $24M Refi
The 200-bed Eastchester Rehab & Health Care Center will use a portion of the proceeds for renovations to the facility.
Aura Properties Breaks Ground on MA Mixed-Use Project
The company is developing the five-story, 42,000-square-foot building in Brookline, with a completion date scheduled for next August.
Journal Squared’s Tallest Building Underway in Jersey City
Construction is in progress at Kushner Real Estate Group’s 71-story, 704-unit tower that’s part of the three-building Journal Squared project in New Jersey.
Luxury Tower Completed in Manhattan
Torkian Group’s 223-unit residential building near the Empire State Building features a complex cantilevered design. The project’s location near rail tunnels and Penn Station posed logistical challenges for Cauldwell Wingate, the project’s construction manager.
NJHMFA Breaks Ground on Philadelphia-Area Affordable Community
Freedom Village at Gibbsboro will include 72 affordable rental units, with 18 units set aside for residents with special needs.