Northeast
Summer Launch Slated for Brooklyn Condos
Sales are scheduled to begin this summer at Forty2East, a new six-story, 53-unit condominium in Brooklyn’s Williamsburg neighborhood.
Brooklyn Apartment Market Bounced Back in a Big Way
While most New York City apartment markets have experienced a good run for landlords in recent years, the Brooklyn apartment has been especially strong, according to a new report by GFI Realty Services covering cap rates and gross rent multiplier trends.
Victor Group and Lend Lease Team Up on Manhattan Condominium Building
Victor Group announced it paired up with Lend Lease to develop a residential project at 281 Fifth Ave. in Manhattan.
New Development Features Workforce and Supportive Housing
Highridge Gardens, a new housing development in Poughkeepsie, N.Y., has opened. The locally based Kearney Realty & Development Group, along with Rehabilitation Support Service, developed the property.
Condo Development Comes to Up-and-Coming NY Area
George Xu and Century Development are developing Liv@ Murray Park, a new 39-apartment condo development in Long Island City, with Modern Spaces acting as sales agent for the property.
Industry Veterans Launch Redwood Realty Advisors
Redwood Realty Advisors announced the launch of its new real estate brokerage and advisory firm. The team of brokers will focus exclusively on multifamily properties in New Jersey and New York.
Major Celebration as Residents Return to Renovated Apartments in Formerly Hazardous Building
An infamous Inwood, N.Y., building was severely destroyed and at risk of collapsing. As of Thursday, the major rehabilitation of 552 Academy Street in Inwood was officially completed.
Plans for The Curtis’ Residential Space in Philly Unveiled
Plans for The Curtis, which is a downtown Philadelphia apartment development by Keystone Property Group and Mack-Cali, have been made public.
Campus Apartments and Clarion Form Student Housing Fund
Campus Apartments and Clarion Partners have closed Campus-Clarion Student Housing Partners, a close-end investment vehicle.
Condo Named Top Selling Building in Manhattan for Early 2015
Related Companies’ newest development, Carnegie Park in Manhattan, has reached 100 condominium sales in the first three months of 2015.