Construction & Design
Affordable housing developer nabs three Bronx lots for biophilic senior living
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A Bronx-based affordable housing developer scooped up three parcels in the borough’s Belmont section for roughly $4 million to build a 120,000 s/f, environmentally-conscious
Construction & Design
Cuomo picks winners for Brooklyn affordable housing RFP
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The governor’s office has selected four affordable housing projects in Central Brooklyn to receive state funding. As part of his $578 million Vital Brooklyn
Residential
City looks for developer to build Bronx affordable senior housing
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The city’s Department of Housing Preservation and Development announced the release of a Request for Proposals from qualified development teams to
Deals & Dealmakers
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
Residential
Mayor doubles planned senior housing to 30,000 homes
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Mayor Bill de Blasio yesterday announced “Seniors First,” a slate of new affordable housing programs that will increase the amount of senior housing across the city.
Featured
NYBC says city on pace to meet affordable housing goal
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New York Building Congress, NYBC, says New York’s affordable housing is keeping pace with city-designated benchmarks, adding almost 35,000 new units since 2014.
Construction & Design
City on pace to meet affordable housing goal
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New York Building Congress, NYBC, says New York’s affordable housing is keeping pace with city-designated benchmarks, adding almost 35,000 new units since 2014.
Featured
Affordable housing shapes opinions on both sides of de Blasio’s re-election
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Real estate trade groups applauded Mayor Bill de Blasio’s re-election last week, praising his record during a first term that saw a surge in new housing
Deals & Dealmakers
Tahl Propp inks deal to preserve 549 affordable homes
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Tahl Propp Equities (TPE) has signed a deal to finance the acquisition and renovation of five affordable housing properties in Harlem with a total of 549 apartments.
Deals & Dealmakers
Industry needs to be less greedy if it wants to dig city out of housing crisis
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The real estate industry needs to start building bridges if it hopes to help lift New York out of its housing affordability crisis. “We have to be less
Deals & Dealmakers
Nobody move! Renters stay put as owners sell in bulk
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Brookfield is joining the big-game sell-off of New Yorkʼs housing stock. Along with partner Urban American, the company will offload five former Mitchell-Lama
Deals & Dealmakers
City finances over 25,000 units of affordable housing in FY2019
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The city has financed 25,299 affordable homes in Fiscal Year 2019, and a total of 135,437 affordable homes since 2014, making strides toward the mayor’s