REBNY Watch
How will NYC rise to meet our affordable housing needs?
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By John Banks, president, REBNY It’s been said that those who cannot remember the past are condemned to repeat it. There’s a new exhibit at
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NYSAFAH’s virtual conference will drive industry forward at critical moment
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New York State policymakers will make a number of critical decisions related to affordable housing over the next few months that will shape the upcoming
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A beginners guide to affordable housing  
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HEIDI BURKHART By Heidi R. Burkhart, president, Dane Professional Consulting Group Affordable housing is a term you probably hear a lot, especially if
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Judge okays ‘lowballʼ $905M offer to help keep Starrett City affordable
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The owners of the nation’s largest subsidized housing complex have cleared another legal hurdle in their attempt to sell the 44-year-old Starrett City in Brooklyn.
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Moinian Group closes $103M construction loan deal on 572 11th Avenue
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The Moinian Group has closed on a $103 million construction loan for its new West Side apartment tower at 572 11th Avenue. Greystone Bassuk negotiated
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Affordable housing industry must make voter registration a priority
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Last weekʼs week’s Iowa Caucus officially marked the beginning of the 2020 presidential election cycle, which impacts the lives of millions of New Yorkers
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Stagg Group to build 500-unit Bronx apartment development
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The Stagg Group is set to build a 474-unit apartment building at 1125 Whitlock Avenue in the Bronx. The development company just closed on the acquisition
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Berkadia pushes further into affordable finance sector
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Berkadia has acquired LIHTC Advisors, an Idaho-based brokerage firm that specializes in Low Income Housing Tax Credit (LIHTC) and other affordable housing properties.
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Lawmakers must provide New Yorkers with the homes they deserve
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The City Council and the Mayor reached an agreement last week on New York City’s FY21 budget, which was created in the most challenging financial environment
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$105M in loans to preserve affordable apts. in Manhattan and Queens
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199 Avenue B Greystone has provided approximately $105 million in total HUD-insured financing to preserve over 480 units of affordable housing at properties
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Arker, Slate open affordable apartment development
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A new 14-story affordable housing complex has opened in the Jamaica neighborhood of Queens. Located at 92-61 165th Street, Archer Avenue includes 89 units
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Stuy Town air rights deal a key piece of housing puzzle
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By Sabina Mollot Blackstone’s $5.3 billion purchase of the sprawling Stuy Town apartment complex also bought the firm a jumbo 700,000 s/f of air