Northeast
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.
Boston Capital Invests in Affordable Housing in Upstate New York
A 72-unit multifamily development designed for families in Dryden, N.Y., will benefit from construction financing provided by Boston Capital.
Habitat for Humanity to Rehab Three Brooklyn Properties
Enterprise Community Partners and Habitat for Humanity New York City have closed on a $2.9 million loan that will enable Habitat-NYC to acquire and rehabilitate three distressed multifamily buildings in the Bedford-Stuyvesant neighborhood of Brooklyn.
NYC Property Tax Policies Favor Homeowners Over Renters, Report Finds
Owners of New York City’s large rental apartment buildings shoulder a disproportionate share of the city’s overall property tax burden, due to the fact they are subject to a higher effective property tax rate than owners of one- to three-bedroom homes.
Park and Urban Beach Revitalize New Jersey
New Jersey Governor Chris Christie and Richard LeFrak, chairman and CEO of the LeFrak Organization, announced the opening of Newport Green, a 400-acre mixed-use property, the latest development in Jersey City.