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How to make New York affordable again
06
By Chris Gillis, Investment Real Estate Salesperson, Ackman-Ziff Affordable New York, the replacement for the expired 421-a housing development program
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Jonathan Rose pays $223M for affordable California property
07
The Rose Affordable Housing Preservation Fund V, the fifth and most recent affordable housing preservation fund from Jonathan Rose Companies, has acquired
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Fairstead, LIHC Group acquire Newark’s 691-unit affordable Essex Plaza portfolio
07
Fairstead and LIHC Investment Group have acquired the Essex Plaza portfolio, a 691-unit affordable housing portfolio in Newark, New Jersey.
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NYC gas moratorium will exacerbate affordable housing crisis
07
New York City is set to face yet another obstacle to solving its ever-growing affordable housing crisis—a natural gas moratorium. At a critical time when
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Politicians offer zoning benefits to private developers for NYCHA fix
07
Comparing the current NYCHA controversy to the Flint water crisis, a group of state politicians has said private developers should be brought in to fix
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State invites investors to get a taste of secret sauce Greystone is serving up in Georgia
05
Greystone Affordable Development has closed a $168.6 million multifamily housing transaction in Georgia, marking the third collaboration with Atlanta
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NYCHA parking lot becomes $56M affordable housing development
08
CAMBA Housing Ventures (CHV) and CAMBA, along with City and State leaders, joined residents to celebrate the grand opening of 603 Mother Gaston Boulevard.
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Investor refinances Bronx portfolio
07
Just over a year ago, it was announced that a Brooklyn-based investor scooped up an affordable housing portfolio for $42.2 million. Aaron Jungreis was
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Landlords lambast legal aid plan
07
The real estate industry rounded on Mayor Bill de Blasio after a State of the City speech that included plans for a new mansion tax and legal aid for tenants
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Affordable co-living plans now on the table
07
The City has selected three developers to pilot a new affordable shared housing program. Shared housing is considered housing units consisting of two or
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Low-income New Yorkers in line for affordable housing jobs
04
A new program to train low-income New Yorkers for jobs in the affordable housing sector has been launched. Enterprise Community Partners and the New York
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Greystone antes up $105M to protect 500 low income apartments
08
Greystone has provided $105 million in HUD-insured financing to preserve over 480 units of affordable housing in New York City. The lender provided a $54,965,400