Northeast

L+M Development Partners’ The Adeline Condominium Debuts in Harlem

The Adeline, the newest Manhattan condominium development from L+M Development Partners Inc., is 65 percent sold after only two months of sales.

Chetrit Group and Clipper Equity to Begin Leasing Development in Prospect Park

The Chetrit Group and Clipper Equity will soon begin leasing 123 on the Park, a new seven-story, 119-unit rental development, located in the Prospect Park South area of Brooklyn.

Savanna Partners Wins Financing for Residential Site in Brooklyn

Savanna Partners has obtained a $21.8 million bridge loan to fund its acquisition of a downtown Brooklyn development site.

HAP Investments Appoints Julide Oztap Sales and Marketing Manager

HAP Investments LLC, a New York based international real estate investment and development company, announced it has appointed Julide Oztap as sales and marketing manager. I

Modern Spaces Achieving Success in Lease-Up of Woodside, N.Y. Building

The Icon52, a Tsilo Group development in the Queens neighborhood of Woodside, has already leased more than half of its 66 units in little more than three weeks.

Treetop Enters Philadelphia Market with Acquisition of 502-Unit Community

Treetop Development has purchased Charter Court at East Falls, a 502-unit high-rise community located in Philadelphia.
The $47.3 million acquisition represents Treetop’s first venture in the MSA.

The Marketing Directors to Provide Leasing and Marketing Services at NYC Community

CBSK Ironstate selects The Marketing Directors as the marketing and leasing consultant for a luxury community to be built at 200 East 39th Street in Manhattan.

Luxury Gold Coast Community Opens in Weehawken, N.J.

Hartz Mountain Industries and Roseland officially open Estuary at Lincoln Harbor, the newest luxury waterfront rental on New Jersey’s Gold Coast.

Benenson Capital, Rose Partners Team on Brooklyn Mixed-Use Project

Benenson Capital Partners has forged a joint venture partnership with Rose Associates to develop a mixed-use tower in downtown Brooklyn. The two family-owned firms have a solid track record together in New York City.

Greystone Coordinates Financing for Jersey City Affordable Housing Community

Greystone has solidified financing for Salem Lafayette Apartments in Jersey City. The $64.5 million Fannie Mae Multifamily Affordable Housing (MAH) funding will go toward the acquisition and rehabilitation of the affordable housing community.