Northeast
Tryko Partners Acquires HUD-Subsidized Seniors Housing
The multifamily portfolio of Tryko Partners has grown again, with the acquisition of Levittown, Pa.’s Galilee Village, a 170-unit property that provides HUD-subsidized apartment living for independent older adults.
Flushing's Sky View Parc Passes Half-Way Mark
Demand is relatively strong, supply relatively weak. That’s the state of the condo market in New York now, and that goes for places like Brooklyn and Queens as well as Manhattan.
Staten Island Condos Out of the Gate Running
The appetite for condos in New York has been reviving lately, with new product moving at a quicker pace than since before the recession, according to brokers in the trenches.
Fifth Avenue Gets More Luxurious
Manhattan is famous for its skyscrapers, but these are usually office buildings. But with the launch of 1214 Fifth Avenue, which has 53 stories, the Upper East Side is getting its tallest luxury rental building.
City Goes Green with Food Waste Disposal Pilot Program
A new program called “Clean Kitchen, Green Community” was recently launched in Philadelphia to assess how food waste disposers could help the city become greener.
Museum-Quality Sculpture to Grace NYC Apartment Property
Equity Residential reports it developed Ten23 Apartments with an eye toward redefining luxury residential living.
DelShah Buys $11M Debt on Manhattan Condo Building
DelShah Capital has bought the $11 million first mortgage on 11 East 36th Street in Manhattan from First Central Savings Bank.
Long Island City's L Haus Surpasses 80-Percent Sold
The L Haus condominium, developed by the Stahl Organization in Long Island City, has recently reached the 85-percent sold sales plateau.
Manhattan's Rental Market Springing Ahead, MNS Reveals
The number of available Manhattan rental units may have grown by 6 percent in April, but that didn’t keep rent prices for the month from experiencing a case of spring fever, and climbing by an average of $17.
Team Approach Taken for Bronx Affordable Housing Development
In a collaborative effort, Enterprise, The New York City Housing Authority, Bronx Pro Group, New York City Department of Housing Preservation and Development, and Services for the UnderServed are constructing a 49-unit green supportive housing development.