Northeast
Mixed-Use D.C. Development Gains LEED for Neighborhood Development Level
Twinbrook Station, a 26-acre project next to a stop on the Washington, D.C. regional subway system
Meltzer/Mandl Architects Completes Design of Pelham Park Towers
Meltzer/Mandl Architects recently completed the design of Pelham Parkway Towers
MARKET SNAPSHOT: Manhattan Rents and Vacancies on the Rise
Apartment rents in Manhattan have increased 1.1 percent since March, according to The Real Estate Group NY’s April 2010 edition of its Manhattan Rental Market Report.
New Low-Income Seniors Housing Project Planned for Staten Island
Government officials, a not-for-profit group, and a Staten Island-based developer recently announced plans for a new housing project
Two New Affordable Apartment Communities Rise in Harlem
The Richman Group Development Corp. has broken ground
Forum Explores Ways to Preserve Green Rental Homes
Representatives from a wide array of government agencies, housing providers and housing preservation groups convened
Mortgage Relief for Borrowers Hit by Floods: Freddie Mac
In the wake of flooding in certain parts of the East Coast, Freddie Mac has said that it will extend mortgage relief to property owners affected by the disasters
Tenants Want Bank to Pony Up for Maintenance on Foreclosed Bronx Apartments
The tenants at 3018 Heath Ave. and nine other buildings in The Bronx want their landlord to make repairs to their buildings.
INSIDE THE DEAL: Beech Street Capital provides $1.6M Fannie Mae Permanent Loan
Beech Street Capital, LLC provided a $1.6 million fixed-rate loan for the refinance of Steven’s Walk Apartments. The transaction was originated by Beech Street Capital under the Fannie Mae DUS Small Loan program.
Sales Reach 40 Percent Sales Mark at Jersey City Condo
Jersey City, N.J.—The Saffron, a luxury condominium located in downtown Jersey City, has reached a mark of just under 40 percent of total units sold. The Saffron contains 76 condominiums, and is located two blocks from the Grove St. PATH station. The developer, Fields Development Group, held an auction at the property last November, which resulted in the eventual sale of nine units. After that, sales were suspended until late December, as a new marketing plan was initiated, says James Caulfield, Jr., a principal of Fields Development Group. Apartment sales since the December re-opening have averaged about six a month,…