Northeast
Metro Loft Develops Luxury Manhattan Adaptive Reuse
Twenty Broad Street, built as an extension of the New York Stock Exchange, now includes 533 units, as well as valet service, an outdoor movie theater and a private yoga studio.
Health Care, Technology Drive Growth in Pittsburgh
A recent boost in higher-paying jobs will bolster multifamily demand this year, especially in the metro’s downtown area, which experienced a 24 percent population surge from 2010 to 2017.
Greystone Provides $34M Fannie Mae Loan
A New Jersey company acquired the 143-unit community. Park Square West offers 29 affordable units for renters earning 50 percent of the area median income.
Top 10 Communities Under Construction in Central & Northern NJ
The area’s improving economy bolstered multifamily development, resulting in more than 17,000 units being built as of June, as well as an increase in affordable housing units.
NJ Industrial Site to Transform into Mixed-Use Community
Atlantic Realty’s Ewing Town Center, located at the former General Motors facility in Ewing Township, will comprise 1,182 units and 110,000 square feet of retail and office space.
TD Bank Closes $18M Loan for Bronx Affordable Housing
Working on behalf of developers MHANY Management Inc. and We Stay/Nos Quedamos Inc., the loan will go towards the second phase of Phoenix Estates, a 180-unit building in Hunts Point.
Greystone Development Begins Leasing Brooklyn Community
No. 223, located in Park Slope, was designed by Daniel Goldner Architects. The community includes 63 units and a virtual doorman, a chef’s kitchen and a landscaped roof deck.
Jersey City Waterfront Luxury Community Debuts
The Hampshire Cos. and Claremont Cos. finished work on RIVET, a 163-unit property in the city’s west end. The asset is part of University Place, a master redevelopment plan encompassing eight luxury buildings.
IPA Arranges $21M Sale of CT Community
Westwood Apartments is the largest market-rate asset in West Hartford, comprising 200 units and offering residents access to a fitness center, a clubhouse and a swimming pool.
Jones Street Investment Partners Lands CT Property for $137M
Town Walk at Hamden Hills includes 764 units,108 carports and 25 storage units. The community features a playground, barbecue areas and an indoor basketball court.