Page 5 - Multifamily Development News Today

In response to the U.S.' chronic housing shortage, some local lawmakers are introducing plans that could boost supply via mixed-income public housing.

The project will bring a mix of two- and three-bedroom flat, loft, townhome and single-family home units to a 62-acre former farm property.

The project would bring a seven-story, 176-unit luxury apartment complex to a blighted 7.1-acre waterfront site on Hempstead Harbor.

Brookfield Properties, in joint partnership with Park Tower Group, today announced the grand opening and resident move-ins at The Bellslip, a 414-unit mixed-income residential tower on the Greenpoint waterfront. The Bellslip is the third of four residential projects the developers are partnering on within the larger 22-acre Greenpoint Landing master...

Sallie will take on the role of director of Planning and Development for the Commack-based residential developer.

The average U.S. asking rent for multifamily housing increased $15 in April to an all-time high of $1,659, according to Yardi Matrix.

The Beechwood Organization is pitching a plan to build 385 townhomes on the vacant site on Jericho Turnpike.

Gardner Capital Announces New Multifamily Development in Dallas has Secured a Funding Commitment from GCRE Impact Fund to Support Solar Energy Installation.

The 292-unit development dubbed Arboretum at Farmingville will be built on a 62-acre former farm property.

The newly built 260-unit transit-oriented rental development opened last year.