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$59M deal will fund new Mount Vernon apartment tower
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Alexander Developer Group and their joint venture partners the Bluestone Organization and JP Morgan Asset Management have secured a $59 million loan to
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Sales, prices fell in first quarter 2018 as market adjusts to tax reform
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Manhattan apartment sales hit a six-year low last quarter and the average transaction price fell to its mark in nearly a decade. Brokers and market trackers
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LCOR breaks ground for 463-unit sustainable Coney Island development
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LCOR today broke ground on its newest development at 1515 Surf Avenue in Coney Island. The site was acquired via land deal in late 2019 with the Russo
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Famous couples who called New York home
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Marilyn Monroe and Joe DiMaggio By Holly Dutton As some look forward to Valentine’s Day while others groan at the annual holiday, one thing everyone can
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Bustling US apartment market enters 7th year of expansion
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According to the 2016 U.S. Multifamily Investment Forecast report released by Marcus & Millichap, the U.S. apartment market is poised for another year
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Luxury apartments to replace factory building at 22-02 Astoria Blvd.
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A factory in Astoria, Queens will soon give way to a five-story luxury apartment building. Photo via Google Street View According to a permit application
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Abatement deal brings fresh money, more apartments to Greenpoint
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Pembrook Capital Management closed a $2.256 million second mortgage loan to finalize construction of a 21,341 s/f mixed-use property located at 144-146
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Blackstone ‘experiment’ to reconfigure Stuy Town apartments draws ire of tenants
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By Sabina Mollot Blackstone has embarked on an “experiment” with 115 vacant apartments in Stuyvesant Town and Peter Cooper Village. The owner of the 11,000-unit
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Developer looking to turn old Westchester Kmart into apartment community
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New Jersey-based Oster Properties is looking to turn an old Westchester Kmart into a 150-unit apartment community. The Englewood Cliffs company, which
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GDC Properties closes on $106M deal for Connecticut apartments
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GDC Properties closed on a $105.9 million deal earlier this week for an apartment community in Norwalk, Connecticut. Represented by the in-house team of
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MLK Real Estate Capital arranges bridge loan for Connecticut apartment complex
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MLK Real Estate Capital arranged $18.75 million in bridge financing for the acquisition and renovation of New Cambridge Apartments, a 208-unit, four-building
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JMH ditches Long Island City hotels, now eyes mixed-use apartment building
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JMH Development has abandoned its plan to build a five-story, 289-key luxury hotel project in Long Island City. Instead, it will use the same property