New York is a state in the northeastern U.S., known for New York City and towering Niagara Falls.
Tag: New York
Investment secured for one of the largest multihousing assets on Long Island
JLL Capital Markets announced that it has arranged joint venture equity for Rosemont Brookhaven, a 795-unit, garden-style multihousing property in the Long Island village...
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...
Invictus secures $27.5 million for 812-814 Amsterdam Ave. on New York City’s Upper West...
JLL Capital Markets announced that it has secured $27.5 million in financing for 812-814 Amsterdam Ave., a newly constructed 44-unit, 15-story, mixed-use property on...
GFI Realty Services arranges the $4.330-million sale and acquisition financing of 21-unit Brooklyn elevator...
GFI Realty Services announced the $4.330-million sale of 665 St. Marks Avenue, an elevator building comprised of twenty-one units located in the Crown Heights section of...
Coming up empty in Manhattan
The number of empty apartments for rent in Manhattan soared to their highest level in recent history, topping 13,000, as residents fled the 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....
NY Dem candidate is on a “rent strike”
In New York City’s well-heeled 12th Congressional District, a housing activist named Pete Harrison is running in the Democratic primary to unseat incumbent Congresswoman...
JLL to exclusively market 121 East 37th Street in New York’s Murray Hill
JLL Capital Markets has been retained by PR 121 East 37 LLC to exclusively market and sell 121 East 37th Street in New York’s...
Jonathan Rose Companies acquires Tower West Apartments on Manhattan’s Upper West Side
Jonathan Rose Companies, one of the country’s leading developers and investors in sustainable, affordable and mixed-income multifamily real estate, has acquired Tower West Apartments,...
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...
Cushman & Wakefield brokers sale of Farmingdale, N.Y., multifamily asset
A newly-constructed, luxury mid-rise apartment community has sold in Nassau County, announced commercial real estate services firm Cushman & Wakefield. A team of capital...
JLL closes sale of The Peaks of Nanuet
JLL announced that it has closed the sale of The Peaks of Nanuet, a 504-unit apartment complex in the suburb of Nanuet, Rockland County,...