Northeast
Queens Multifamily Report – September 2023
Occupancy also grew, a very rare feat this year.
Tryko Lands Refi for Affordable NJ Community
Greystone provided the 10-year Fannie Mae loan.
NYC’s Freedom Plaza Adds Major Affordable Piece
This project will now bring the most affordable units to Manhattan’s core in a decade.
RXR Debuts 1st Bronx Development
Bank Of America provided $75.2 million in construction financing for the project.
Developer Lands $113M for NYC Tower
This Upper East Side project is on track for completion in 2025.
Diversified Properties Breaks Ground on NJ Community
This will be the first phase of the developer’s Jefferson Place project, which is scheduled for completion next fall.
NYC Med School Launches $260M Student Housing
Located on Manhattan’s Upper East Side, the project is set to open in 2025.
Sutphin Boulevard Equities Lands $142M for Queens Project
Slate Property Group provided the floating-rate loan.
Slate, Avenue Realty Capital Top Out 19-Story Brooklyn Build
The 162-unit property is due to come online by summer 2025.
Trenton High-Rise Slated for Conversion
An office building in the New Jersey capital will be repurposed as apartments.