Northeast
DelShah Capital Completes a $26.8M Buy in NYC’s West Village
DelShah Capital has acquired 37 units in New York’s West Village from Stone Street Properties.
WinnResidential and WHA Team on $16.8M Renovation of Morris Heights Affordable Housing
WinnResidential, in partnership with the Workforce Housing Advisors and Community Preservation Corporation, has completed a $16.8 million renovation of 1520 Sedgwick Ave., in the Bronx’s Morris Heights neighborhood.
Global One Real Estate Fund Acquires Promenade Apartments
Robert Nelson’s Global One Real Estate Fund, in conjunction with the NYAH Preservation Fund II, a joint venture between Citi Community Capital and L+M Development Partners, has acquired Promenade Apartments, a 318-unit, 32-story apartment community overlooking Manhattan’s Harlem River.
WinnCompanies Welcomes New SVP & CFO
WinnCompanies, a real estate development and property management company, announced that Bryan Hunt has been hired as chief financial officer for WinnResidential, the property management arm of WinnCompanies, and Alessandra de Vaca has been hired as senior vice president of human resources and training.
Maplewood Senior Living Breaks Ground on 84-Unit Community
Construction is underway at Maplewood Senior Living’s newest community, Maplewood at Stony Hill, an assisted living residence that will focus on memory care.
Silverstone Buys Manhattan Mixed-Use Properties for $71M
Silverstone Property Group has bought seven contiguous buildings in the Kips Bay section of Manhattan for $71.5 million that form a mixed-use package of residential and retail space.
President Jan Berman Elected to Green Light New York Board of Directors
Jan Berman, president of MechoSystems, has been elected to the Board of Directors of Green Light New York (GLNY). His nomination was unanimously approved.
Construction Begins on Three-Way JV Partnership Community in Rahway, N.J.
Construction has commenced on a 116-unit Sterling Properties, AST Development and Hearstone Development joint venture community in the heart of Rahway’s Arts and Central Business District.
WinnDevelopment Completes Rehab of Huntington Woods
The rehabilitation of Huntington Woods, a 280-unit, mixed-use apartment community in Bristol, Conn., is complete
Avesta Housing’s Pearl Place II Achieves LEED Platinum Certification
Avesta Housing, with the help of Thornton Tomasetti Inc., has achieved LEED Platinum certification from the U.S. Green Building Council for its Pearl Place II community in Portland, Maine’s Bayside neighborhood.