Merchants makes $66M commitment to senior housing
Mortgage banking company Merchants Capital has structured $66 million in permanent financing for Goddard Riverside Community Center’s Phelps House, a 169-unit affordable housing complex for
Tag : HDC
$105M in loans to preserve affordable apts. in Manhattan and Queens
Greystone has provided approximately $105 million in total HUD-insured financing to preserve over 480 units of affordable housing at properties in Manhattan and in Queens.
Arker, Slate open affordable apartment development
A new 14-story affordable housing complex has opened in the Jamaica neighborhood of Queens. Located at 92-61 165th Street, Archer Avenue includes 89 units of
Foxy Management opens first property built under city’s new senior zoning regs
Developer Foxy Management has opened a new senior housing property at 1880 Boston Road in the West Farms neighborhood of the Bronx. The 168-unit development
Developer closes on first loan from NYC Acqusition Fund
Affordable housing builder Rockabill and Holocaust survivors non profit Selfhelp have landed the first loan issued under the New York City Acquisition Fund Made possible
Innovative financing paves way for Harlem complex
The city has broken ground for One East Harlem, a one-acre, mixed-use development in East Harlem. The project is a key component of the City’s
Bronx church land to become new community
Work has gotten underway on 1755 Watson, a new affordable housing development that will bring 326 new affordable apartments to the Soundview neighborhood of the
Historic Harlem homes get a $160M overhaul
Decades of neglect came to an end last week whe the historic A. Philip Randolph Houses in Harlem reopened following a massive renovation. Originally constructed
Gotham Organization to build Hunters Point stretch
The city has tapped the Gotham Organization to build the next stage of the Hunters Point South development that will include 1,120 apartments, shops and