Tag: New York City

Eric Adams mayor NYC

Eric Adams addresses housing

The administration of Mayor Eric Adams recently released a plan to address housing issues in New York City . It is called “Housing Our...

Two-building mixed-use portfolio in New York’s East Midtown fetches $41.5 million

JLL Capital Markets has announced the $41.5 million sale of 959-961 Second Ave. and 246 East 46th St., a 105-unit, two-building portfolio in the...
4705 Center Blvd

Avison Young arranges $210 million refinancing for Rockrose of 396-unit Long Island City luxury...

Avison Young announced that its Tri-State Debt & Equity Finance Group has arranged a $210 million refinancing of 47-05 Center Boulevard in Long Island...
The Calmar

Avison Young brokers $15 million sale of mixed-use residential building in Rego Park

Avison Young’s New York office announced that its Tri-State Investment Sales Group has arranged the sale of 92-40 Queens Boulevard, a mixed-used residential building...
Ilir “Eli” Necaj

Trez Capital hires Ilir “Eli” Necaj as Vice President for New York Office

Trez Capital is pleased to announce that Ilir “Eli” Necaj has joined the company as vice president of origination and capital markets as part...
63 Pitt Street Rendering

Parkview Financial provides $30 million construction loan for 12-story apartment building on Manhattan’s Lower...

Parkview Financial announced it has provided a $30 million construction loan to 63 Pitt Street, LLC for the construction of a 12-story, 59-unit, 40,773-square-foot...
Sunset at Manhattan

NYC landlords warehouse 50 percent of stock

Deals on apartments were so enticing that Tice, a tech worker, was willing to give up the most elusive of city dwellings: a rent-controlled...
1303-1309 Third Ave

Upper East Side multihousing development site sells for $32.325 million

JLL Capital Markets announced that it has completed the $32.325M sale of 1303-1309 Third Ave., a premier corner development site on New York City’s...
121 East 37th St

Multihousing property in Murray Hill sells for $8.7 million

JLL Capital Markets announced that it has completed the $8.7 million sale of 121 East 37th St., an 8,850-square-foot multihousing building in New York’s...

The fight over rental control is not over

Voters in California rejected a measure on November 3, 2020, that would have overturned a hard-fought compromise over rent control in one of the...
New York City

NYC rent declines surpass those of the great recession

New York City rents have fallen more this year than they did during the Great Recession, according to StreetEasy's November 2020 Market Reports. Driven by the Covid-19...

Rough times in NYC

Thousands of New York City apartment residents are not caught up on their rent. That hasn’t stopped building operations costs from coming due, even...
101 Daniel Low Terrace

GFI Realty trades Staten Island 112-unit six-story elevator asset for $11.9 million

GFI Realty Services, LLC announced the $11.9-million sale of 100 Belmont Place & 101 Daniel Low Terrace, two six-story elevator apartment buildings occupying a single lot,...

Fairstead appoints Gladys Chen as chief people officer

Fairstead, a fully-integrated real estate firm committed to affordable housing, announced the appointment of Gladys Chen as its first Chief People Officer (CPO). As Fairstead’s...
Archer Towers

JLL selected by BRP Companies to arrange joint venture equity for $286 million Archer...

JLL Capital Markets was selected by BRP Companies to arrange joint venture equity financing for the construction of the $286 million Archer Towers project....

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