Northeast
Nonprofits Team to Keep Connecticut Seniors Housing Property Affordable
Preservation of Affordable Housing and Mercy Loan Fund have partnered to keep Torringford West Apartments an affordable property.
Suffolk Construction Selected as Contractor for Boston’s Latest Smoke-Free Building
More and more buildings are being touted as smoke-free. Good news for our lungs, and for apartment resale values. In Boston, the latest property that is being built smoke-free is The Kensington.
Roseland Kicks Off Two Projects for Zealous Buyers and Renters in Weehawken, N.J.
The apartment sector is booming across the country, but in Weehawken, N.J., condominiums are king, too. With two new luxury projects, Roseland Property Co. is giving the people everything they want.
Azure Caters to Upper East Side’s Big Appetite
Size does matter, or that’s what buyers are intimating on Manhattan’s Upper East Side, and Azure is giving the people what they want.
Red Hook Homes Brings Affordable Units to Brooklyn Neighborhood
Red Hook is rebounding, as evidenced by the grand opening of Red Hook Homes. The $18 million co-op brings the community 60 new housing units, 40 of them affordable, and another 20 market-rate and middle-income units.
First Smoke-Free Residential Building on Manhattan’s West Side
Residents of Manhattan’s West Side can now breathe a little easier. Equity Residential recently announced that Ten23, Chelsea’s first smoke-free apartment, is open for leasing.
MARKET SNAPSHOT: Manhattan Accounts for 80 Percent of New York City’s Transaction Volume
New York–Apartment transactions in New York totaled 115 during the third quarter of 2011, according to Ariel Property Advisors’ most recent Multifamily Quarter in Review: New York City.
Bloomberg: Hudson Yards ‘Wonderful’ for New York
“It’s a wonderful day for New York,” Mayor Michael Bloomberg said of the Hudson Yards development project. The 26-acre site on the city’s West Side is the largest piece of undeveloped property in Manhattan.
Condos in Battery Park City Half Sold
1 Rector Park, a condominium conversion in lower Manhattan’s Battery Park City, has sold more than half of its units, according to the sales agent for the property, Corcoran Sunshine Marketing Group.
Via Verde in the Bronx Starts Accepting Applications
The developers of Via Verde, a 222-unit workforce housing development now under construction in the Melrose section of the Bronx, have started accepting residency applications for the property’s 133 affordable units.