Northeast
From Retail to Multifamily: Woolworth Converted to Mixed-Use Building
First Niagara’s Commercial Real Estate Group provided a $4.35 million construction loan to North to South Development for the renovation and conversion of the former Woolworth Store building on East Main Street in Riverhead, N.Y., into 19 affordable rental apartments and ground-level retail.
Gary Hofstetter New SVP of The Davis Companies
Gary Hofstetter is joining The Davis Companies as senior vice president of asset management. A
Cushman & Wakefield Provides Heavenly Guidance
American Bible Society has sold its headquarters to Avalon Bay Communities for $300 million.
Greystone Makes Controversial Park Slope Purchase
Greystone takes on former owner with its purchase of a Brooklyn development.
ResiModel Announces Additions to Clients
ResiModel announced that it signed a number of new high-profile clients during the closing months of 2014.
MassHousing’s $66M Financing Strategy
Why MassHousing provided $66 million for an affordable seniors community.
Pillar Announces Top Hires to its Originations Department
Pillar, a Guggenheim Partner affiliate and provider of financing solutions for affordable multifamily properties, has added four new executive hires to the team.
New York and Brooklyn Multifamily Prices are Rising. Here’s Why.
Halstead Property Development Marketing has released the industry’s first-ever comprehensive report analyzing new development sales market data and sees continued robust pricing in the new development market for both Manhattan and Brooklyn in 2015.
Shall We Dance?: The Dermot Company’s 66 Rockwell Partners with Acclaimed Dance Group
A selection of regularly-scheduled on-site dance and fitness classes will be offered to residents of 66 Rockwell, a ground-up rental development in the BAM Cultural District of downtown Brooklyn.