Category : Residential

Residential

Common launches at The Agnes, Brings Coliving to Jersey City

REW
by REW3342
Today, Common, the fastest growing residential brand that designs, leases and manages multifamily properties globally announced it has opened 80 coliving units at The Agnes in Jersey City. Together with real estate developers Fields Grade and Blumberg & Freilich, Common will be managing the first coliving offering in Jersey City. Common’s shared apartments...
Landlords Warn Steep Tax Hikes from Good Cause Eviction Law
Residential

Landlords Warn Steep Tax Hikes from Good Cause Eviction Law

REW
by REW5551
The Rent Stabilization Association today characterized Albany’s proposed “good cause eviction” bill as another politics-driven rent control scheme that would create one-sided lease agreements between landlords and their tenants because only renters would have the option of terminating the lease.  “It may as well be called the ‘lease for life’...
CBRE Arranges Sale of 280-Unit Multifamily for $114.5M
FeaturedResidential

CBRE Arranges Sale of 280-Unit Multifamily for $114.5M

REW
by REW3577
CBRE announced today that it has arranged the sale of Neponset Landing, a 280-unit high-rise apartment community located at 2 Hancock Street in Quincy, Massachusetts.  CBRE Capital Markets’ multi-housing experts Simon Butler, Biria St. John and John McLaughlin exclusively represented the seller, Neponset Landing LLC, an affiliate of The Green...
Greystone Provides $60M in Financing for Staten Island Affordable Housing
Banking and FinanceResidential

Greystone Provides $60M in Financing for Staten Island Affordable Housing

REW
by REW4108
 Greystone, a leading national commercial real estate finance company, has provided a $60 million bridge loan for the acquisition of Seaview Estates, a 316-unit affordable housing rental property in Staten Island, New York. The transaction was originated by Miryam Reinitz-Kops of Greystone on behalf of Iris Holdings Group. The $59,550,000...
Deals & DealmakersResidential

EXTELL SELLS RECORD BREAKING 200 UNITS AT TWO PROPERTIES IN 2021

REW
by REW4068
January 5, 2022 – Extell Development Company – a full-service national real estate developer of residential, commercial and hospitality properties – announced today that two of its largest residential developments, One Manhattan Square and Brooklyn Point, have each sold over 100 units in 2021 for a combined total of more than $400 million in...
Construction & DesignDeals & DealmakersResidential

HPD Announces Plans For 100% Affordable Development In Brooklyn

REW
by REW7979
 The New York City Department of Housing Preservation and Development (HPD) today announced the development partners and plans for Site 1 of the Bedford-Stuyvesant Community Wealth and Wellness RFP. Almat Urban and the Bedford-Stuyvesant Restoration Corporation will transform a City-owned site in Central Brooklyn into a 100 percent affordable homeownership development...
HPD Announces Plans For Affordable Housing And Facilities in Bronx
Construction & DesignDeals & DealmakersFeaturedFunds and FinanceResidential

HPD Announces Plans For Affordable Housing And Facilities in Bronx

REW
by REW6870
 The New York City Department of Housing Preservation and Development (HPD) today announced plans to bring more deeply affordable housing and community space to the Bronx, advancing a key commitment of the Jerome Avenue Rezoning to transform a city-owned site on River Avenue. After a thorough Request for Proposals (RFP)...
NYCHA and HDC finalize $1.4B deal for Brooklyn Residents
Construction & DesignDeals & DealmakersFeaturedFunds and FinanceResidential

NYCHA and HDC finalize $1.4B deal for Brooklyn Residents

REW
by REW13849
On Tuesday, the New York City Housing Authority (NYCHA) and New York City Housing Development Corporation (HDC) closed on the financing of three Permanent Affordability Commitment Together (PACT) transactions to fund comprehensive renovations for 5,226 apartments across six NYCHA campuses in Brooklyn: Williamsburg Houses, Linden Houses, Penn-Wortman Houses, Boulevard Houses,...
Deals & DealmakersEventsFeaturedProperty ManagersResidential

Concierge Auctions set to auction off Bel Air estate The One

REW
by REW4137
Concierge Auctions, the largest luxury real estate auction marketplace in the world, in cooperation with multibillion-dollar producing international real estate agents Aaron Kirman of Aaron Kirman Group at Compass and Branden and Rayni Williams of Williams & Williams at The Beverly Hills Estates will introduce buyers for the first time to The...