Wednesday, May 15, 2024

Tag: New York

New York is a state in the northeastern U.S., known for New York City and towering Niagara Falls.

New York City’s rent control laws erase property rights and worsen housing supply

Owning property means more than having your name on a deed. Lawyers and judges often refer to property ownership as a “bundle of rights,”...

Comptroller DiNapoli, Mayor Palmieri, Doyle Hardware Building LLC, CPC & Empire State Development celebrate...

The Community Preservation Corporation (CPC) joined New York State Comptroller Thomas P. DiNapoli, Senior Advisor to Governor Cuomo for Upstate Economic Development John Maggiore,...

HUD charges New York housing providers with discriminating against resident with disabilities

The U.S. Department of Housing and Urban Development (HUD) today announced it is charging a New York property owner and manager with housing discrimination. HUD...

Rent control laws seize New York apartments

Last ditch attempts by real estate developers to thwart final approval of rent control legislation was just too late, reported the New York Times. “There...

CPC Mortgage Company LLC delivers $9.6 million FHA loan to refinance two rent stabilized...

CPC Mortgage Company LLC, a subsidiary of the Community Preservation Corporation (CPC), announced the closing of a $9.6 million Federal Housing Administration (FHA) loan...

Rent control update

While California’s rent control measure, Proposition 10, lost big at the ballot box last year, the push to impose rent control continues. Here’s what’s...

Meridian Capital Group arranges $27.5 million in financing for The Cobalt Apartments, a multifamily...

Meridian Capital Group, America’s most active dealmaker, arranged $27.5 million in financing to refinance The Cobalt, a multifamily property in Somerville, NJ on behalf...

NDG Student Living and OC Ventures expand SUNY footprint with 371-bed student housing acquisition

NDG Student Living announces that OC Ventures has acquired Twin River Commons, a Class “A,” student housing community serving the students at Binghamton University. The...

Developers claim co-living suites earn more per square foot than regular apartment rentals

Hundreds of co-living suites are renting quickly at ALTA LIC, a new high-rise apartment building in Long Island City, Queens. “We are now about four...

Fifteen Hudson Yards reveals 40,000 square feet of lifestyle and wellness amenities

Hudson Yards today revealed a first look inside Fifteen Hudson Yards, designed inside and out by Diller Scofidio + Renfro, Lead Architect, and Rockwell...

Related and Hudson to bring 340 new units of affordable housing to Roosevelt Island

Related Companies and The Hudson Companies announced plans to bring 340 new units of affordable housing to Roosevelt Island. The developers and their city...

NCV Capital Partners, Lemor Development Group, Mount Hope and CPC close $100 million deal...

NCV Capital Partners (NCV), a real estate advisory and development firm, in partnership with Mount Hope Housing Company (Mount Hope), Lemor Development Group (LDG),...

Trez Forman Capital Group expands into New York with Astoria construction loan

Trez Forman Capital Group continued its successful year by completing its first transaction in New York. The private lender closed a construction loan for...

CPC closes $100 million Freddie Mac SBL portfolio in New York City

The Community Preservation Corporation (CPC), a Freddie Mac Seller/Servicer and leading nonprofit housing and community revitalization finance company, announced the closing of a $100...

Jonathan Rose Companies and the NHP Foundation acquire Shore Hill Housing in Brooklyn, NY

Jonathan Rose Companies, LLC, one of the country’s leading developers and investors in sustainable, affordable and mixed-income multifamily real estate, The NHP Foundation (NHPF),...

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