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New Housing Policy Could Trigger Development Boom In New York City

After years of waiting, New York City finally has a housing policy with the potential to unleash a surge of new development including office to residential conversions.

How Low Can It Go? Finding Value In New York City Apartment Building Sales

Higher interest rates, regulations and bank closures contributed to a 52% drop in NYC apartment building sales to $7.4B in 2023 compared to 2022, Ariel report shows.

Harlem 125 Apartments Sold for a Whopping $28 million – Ktoy1047

East Harlem Multifamily Development Fetches $28 Million – Commercial Observer

GO-RE Partners has picked up a pair of multifamily buildings in East Harlem from Greystone Development for $28.2 million.

Affordable Housing In New York City Attracts Big Money

Affordable housing accounted for approximately 43% of New York City’s $3.91B in multifamily sales in 2Q 2023 because of acquisitions by major mission-driven investors.

Restaurant Depot on Staten Island: When is it opening?

Asland Capital's Bond With Goldman Sachs Spearheads New Housing Fund – Commercial Observer

Ashland Capital Partners has teamed up with Goldman Sachs Asset Management to launch a new sustainable housing fund.

Ariel Property Advisors Arranges Sale of Nine-building Affordable Housing Portfolio for Over $39 Million

Tredway Announces the Acquisition and Preservation of 816-Unit Sea Park Apartment Community in Iconic Coney Island, New York

NEW YORK, NY - Tredway, an affordable and mixed-income real estate developer focused on building and preserving high-quality, high-opportunity attainable housing, in partnership with Gilbane Development Company and ELH Mgmt announced the acquisition of Sea Park Apartments, an 816-apartment, three-building affordable property located between Surf and Neptune Avenues in Coney Island, Brooklyn.

Ariel Property Advisors Arranges Partial Sale of Three Affordable Multifamily Buildings in Brooklyn