Thursday, October 17, 2019

Tag: New York

JLL arranges $386 million financing for 70 Pine Street

JLL announced today that it has arranged $386 million in financing for 70 Pine Street, a 66-story, 1.03 million-square-foot, mixed-use, Art Deco-style tower in...

GFI Realty trades Bath Beach 30-unit multifamily building for $7.225 million

GFI Realty Services, LLC announced the $7.225-million sale of 8678 Bay Parkway, a four-story walk-up, 30-unit multifamily property located in the Bath Beach section...

CBRE Affordable Housing and CBRE NY Institutional Group arrange sale of 311-units of affordable...

CBRE Affordable Housing and CBRE’s New York Institutional Group is pleased to announce the sale of the 311-unit, affordable housing community Parkledge in Yonkers,...

Related and Hudson top out Riverwalk Park, a 21-story building bringing 340 new units...

Related Companies and The Hudson Companies today announced the topping out of Riverwalk Park, a 100 percent affordable, 340-unit building at 460 Main Street...

New York City’s rent control laws erase property rights and worsen housing supply

Owning property means more than having your name on a deed. Lawyers and judges often refer to property ownership as a “bundle of rights,”...

Comptroller DiNapoli, Mayor Palmieri, Doyle Hardware Building LLC, CPC & Empire State Development celebrate...

The Community Preservation Corporation (CPC) joined New York State Comptroller Thomas P. DiNapoli, Senior Advisor to Governor Cuomo for Upstate Economic Development John Maggiore,...

HUD charges New York housing providers with discriminating against resident with disabilities

The U.S. Department of Housing and Urban Development (HUD) today announced it is charging a New York property owner and manager with housing discrimination. HUD...

Rent control laws seize New York apartments

Last ditch attempts by real estate developers to thwart final approval of rent control legislation was just too late, reported the New York Times. “There...

CPC Mortgage Company LLC delivers $9.6 million FHA loan to refinance two rent stabilized...

CPC Mortgage Company LLC, a subsidiary of the Community Preservation Corporation (CPC), announced the closing of a $9.6 million Federal Housing Administration (FHA) loan...

Rent control update

While California’s rent control measure, Proposition 10, lost big at the ballot box last year, the push to impose rent control continues. Here’s what’s...

Meridian Capital Group arranges $27.5 million in financing for The Cobalt Apartments, a multifamily...

Meridian Capital Group, America’s most active dealmaker, arranged $27.5 million in financing to refinance The Cobalt, a multifamily property in Somerville, NJ on behalf...

NDG Student Living and OC Ventures expand SUNY footprint with 371-bed student housing acquisition

NDG Student Living announces that OC Ventures has acquired Twin River Commons, a Class “A,” student housing community serving the students at Binghamton University. The...

Developers claim co-living suites earn more per square foot than regular apartment rentals

Hundreds of co-living suites are renting quickly at ALTA LIC, a new high-rise apartment building in Long Island City, Queens. “We are now about four...

Fifteen Hudson Yards reveals 40,000 square feet of lifestyle and wellness amenities

Hudson Yards today revealed a first look inside Fifteen Hudson Yards, designed inside and out by Diller Scofidio + Renfro, Lead Architect, and Rockwell...

Related and Hudson to bring 340 new units of affordable housing to Roosevelt Island

Related Companies and The Hudson Companies announced plans to bring 340 new units of affordable housing to Roosevelt Island. The developers and their city...

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