Category : Residential

On Tuesday, December 6th, 2022, RiseBoro Community Partnership, New York City Department of Housing Preservation and Development (HPD), and New York City Human Resources Administration (HRA) celebrated a ribbon-cutting ceremony for Woodlawn Senior Living at 69 E 233rd Street, Bronx, New York. This development project, RiseBoro’s first in the borough...

 JLL Capital Markets announced today that it has arranged $11 million in permanent financing for Rahway Plaza Apartments, a two-building, 288-unit high-rise apartment community located in downtown Rahway, New Jersey. JLL represented the borrower, Denholtz Properties, to secure the five-year, fixed-rate loan through Malvern Bank, National Association. The two-building Rahway Plaza...

Governor Kathy Hochul today announcedthe completion of 160 affordable and supportive homes and over 25,000 square feet of health-focused community space in Brownsville, Brooklyn. Known as Vital Brookdale, the $82 million development is the first of ten affordable housing developments to be completed under the Vital Brooklyn Initiative to address...

Coldwell Banker Realty New Homes, a leading sales and marketing organization in the homebuilding industry, announces it has been selected to lead sales and marketing for the newest phase of 19 homes at Clove Hill Manor, a 117-residence active adult community of single-family detached homes and townhomes located at 1 Fairchild...

Rosenberg & Estis, P.C. has defeated an appeal by a cooperative shareholder arguing that he should be considered a tenant of a Brooklyn loft building and, therefore, exempt from paying maintenance fees or being evicted. Rosenberg & Estis members Jason R. Davidson and Alexander Lycoyannis represented the cooperative board before...

JLL Capital Markets announced today that it has closed the $47.48 million refinancing of a garden-style apartment-home community located in Ocean County, New Jersey. JLL worked on behalf of the borrower to secure the 10-year, full-term, interest-only, fixed-rate Fannie Mae loan. The loan will be serviced by JLL Real Estate Capital, LLC, a Fannie...

JLL Capital Markets announced today that it has closed the $29.9 million sale of Royal Pines at Marlboro, an 89-unit 55+ multi-housing community in Englishtown, New Jersey. JLL represented the seller, a joint venture between GRJ and Castellan Real Estate Partners, in the sale to F.M. Ferrari Investments. Royal Pines at...

RXR, the master developer of Downtown New Rochelle, today announced that its second rental building in the city, One Clinton Park, has reached 50 percent leased. Having first opened its doors earlier this year, the fast pace of leasing is a testament to the strong demand for luxury residential living...