Commercial Observer The 55,000-square-foot building at 16 West 39th St in midtown Manhattan has been placed on the sales market for $325 million, or $590,909/sf The 12-story property is next to 424 Fifth Ave, which Amazoncom Inc had purchased last...
REBusiness Online Arden Group has begun construction on a 20-story mixed-use project at 4650 Broadway in Manhattan’s Inwood section Plans call for 222 apartment units, 120,000 square feet of commercial space, 80,000 sf of which will be set...
Commercial Observer InterVest Capital Partners is paying $65 million, or $129,224/unit, for a portfolio of seven apartment properties with 503 units in the Bronx, NY The investment manager, formerly Wafra Capital Partners, is buying the portfolio...
REBusiness Online PRC Group has lined up an $884 million loan against its Campus Town at TCNJ, a 612-bed student-housing property in Ewing, NJ Walker & Dunlop arranged the financing for PRC, of Red Bank, NJ The lender wasn’t disclosed The...
The Bronx Times Camber Property Group has acquired a pair of apartment buildings with 187 units in the Bronx, NY, for $564 million The New York company paid $29 million, or $261,261/unit, for the 111-unit Morris Heights Mews at 1695 Grand Ave, and...
Multi-Housing News The Gotham Organization is scheduled to open The Suffolk, a 378-unit apartment building at 55 Suffolk St in Manhattan’s Lower East Side neighborhood The doorman-serviced property includes a fitness center as well as a...
New York YIMBY The exterior construction of the 190-unit apartment property at 278 Eighth Ave in Manhattan’s Chelsea neighborhood has been completed The 14-story building, between 23rd and 24th streets, also will have 33,000 square feet of...
New York YIMBY Related Cos is nearing completion of the exterior of The Set, a 270-unit apartment building at 451 Tenth Ave in the Hudson Yards section of Manhattan The 44-story building, at the corner of Tenth Avenue and West 35th Street, offers...
Real Estate NJ An affiliate of Cabot Properties has paid $25 million, or $291/sf, for the 86,000-square-foot industrial property at 70 Schoolhouse Road in Franklin Township, NJ, about 45 miles southwest of Manhattan The Boston investment manager...
New York YIMBY Alloy Development has completed exterior construction of 100 Flatbush Ave, a 441-unit apartment building in the Alloy Block mixed-use project in downtown Brooklyn, NY A total of 45 units in the 44-story building are set aside as...
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