New York City, New York
Tag: New York City
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...
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....
What short-term rental lessons can be learned?
The last decade might well be defined as the sharing economy decade. And, leading the pack are short-term rentals. Houston-based Dunyha founder Tanvir Aman...
Multifamily investment stumbles in NYC in 2019
Low vacancy rate. Burgeoning population. Expensive real estate. The Big Apple’s multifamily market has always been the champion compared to the rest of the...
Rent control is illegal
New York City recently implemented its far-reaching Housing Stability and Tenant Protection Act of 2019. That law enacted extensive amendments, all plaintiff protective, to...
Greystone provides $10.8 million in Fannie Mae DUS financing for Minneapolis multifamily acquisition of...
Greystone, a leading national commercial real estate lending, investment and advisory company, announced it has provided a $10.8 million Fannie Mae Delegated Underwriting and...
JLL arranges $386 million financing for 70 Pine Street
JLL announced today that it has arranged $386 million in financing for 70 Pine Street, a 66-story, 1.03 million-square-foot, mixed-use, Art Deco-style tower in...
Related and Hudson top out Riverwalk Park, a 21-story building bringing 340 new units...
Related Companies and The Hudson Companies today announced the topping out of Riverwalk Park, a 100 percent affordable, 340-unit building at 460 Main Street...
Merchants Capital announces more than $180m total financing for two new mixed-income, mixed-use projects...
Mortgage banking firm Merchants Capital has secured financing for two affordable housing developments, totaling more than $180.6 million, in the New York City area:...
De Blazsio takes on landlords
Mayor Bill de Blasio of New York City has been in the news recently with comments he has made about bad landlords and his...
HUD and NYCHA reach agreement – again
On January 31, HUD Secretary Ben Carson announced an agreement to resolve problems at the New York City Housing Authority’s properties. In addition to...
New York City apartment building sold by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of...
Goldman Copeland develops innovative geothermal tool for the City of New York
Consulting engineering company Goldman Copeland (GOCO) has developed an innovative web-based geothermal pre-screening tool for the City of New York’s Design & Development Corporation...
Habitat for Humanity New York City and Almat Group break ground on Sydney House
Habitat for Humanity New York City, a major affordable housing developer and advocate for affordable homeownership in New York City, in conjunction with the...
