Northeast
Adjacent Brooklyn Buildings Net Record Sale Price
A pair of adjacent apartment buildings in the Kensington section of Brooklyn have sold for a combined $10.33 million, GFI Realty Services announced.
Wayne Everett Joins Pennrose Properties as Director of Asset Management
Wayne Everett has joined Pennrose Properties LLC as director of asset management, a new position for the organization.
Manhattan’s Newest, Hottest Condo Market Revealed
Manhattan real estate prices are at an all-time high, with a great number of new luxury residences hitting the market each year.
CPC Helps Keep NYC Community Affordable
With funding through Freddie Mac, Community Preservation Corporation has closed on a $40 million loan for the refinancing of Cathedral Parkway Towers. Refinancing helps prevent otherwise unavoidable rent increases that would have resulted from escalating operating costs at the 309-unit Mitchell-Lama project on West 110th Street in New York City.
High-Tech Luxury Living Launches in the Heart of Philadelphia
The new heart of Center City living is officially open for leasing.
Brooklyn Multifamily Sale Shatters Records
At a price of $296 per square foot, the sale of 632 Ocean Parkway has set a high mark for the Kensington section of Brooklyn.
ResiModel Announces Additions to Client Roster
ResiModel, a platform for aggregating, standardizing and analyzing financial data for multifamily transactions, reported a roster of clients that it onboarded during the first quarter of 2015.
New York City’s Housing Plan Outpaces Goals
New York City Mayor Bill de Blasio’s housing plan to create 200,000 units of affordable housing in 10 years is exceeding targets.
Michael Paul Enterprises Presents New Boutique Condos to Upper East Side Market
Manhattan’s prestigious Upper East Side is welcoming two new boutique condominium buildings to the market.
Mill Creek Launches Online Leasing for New Luxury Rental Community
Mineola, N.Y., residents have embraced Smart Growth concepts, ushering in a new era of planned suburban development and re-visioning.