Northeast
Fairstead Capital Spends $315M on Harlem Apartments
The company completed one of the largest multifamily deals of the year with the purchase of the 1,790-unit Savoy Park Apartments in Central Harlem.
HFF Closes $98M Sale, Arranges Financing for 2 Properties
The senior communities include The Solana Roseland in Roseland, N.J., and The Solana Willistown in Willistown, Pa.
$45M Mixed-Income TOD Breaks Ground in Boston
Trinity Financial is developing Treadmark, an 83-unit community in Dorchester that was designed by Taniya Nayak.
Brooklyn Residential Prices Continue to Climb
New York City residents are still flocking to Brooklyn’s most popular neighborhoods despite the high price tags.
Two NYC Affordable Housing Properties for LGBT Seniors Underway
This will be New York City’s first senior housing that includes services designed specifically for the LGBT community.
End of an Era for NYC’s Waldorf Astoria
Chinese insurance company Anbang plans to convert the iconic hotel into luxury condominiums.
MRC Lends $44M for Manhattan Student Housing Development
The project will address the growing demand for student housing, which continues to be supply-constrained in the area.
First New Construction Designed by Rocker Lenny Kravitz
DHA Capital plans for the boutique condominium to feature units priced from $1.7 million to $12 million.
NJ Apartments Trade for $91M
Sterling Parc is a 316-unit, garden-style apartment community in Cedar Knolls, N.J.
Top 10 NYC Multifamily Sales in May 2016
Check out the latest data from Property Shark and discover the priciest multifamily apartment deals in NYC recorded in May 2016. Find out the one borough which managed to put up a fight against Manhattan, who some of the top deal makers were, and what the kings of New York real estate are buying up now. 1. Sale Price: $75,400,000 Buyer: US-Dev Associates II LLC Seller: 85 East 10th and 112-120 East 11th Street LLC Part of a larger $127M deal which incorporates 6 East Village buildings, this property is slated for new development. New owners, Lightstone, are expected…