The median monthly asking rent for a Manhattan apartment unit was $2,990 in the third quarter, according to StreetEasycom That's down 78 percent from last year The city's apartment vacancy rate has been estimated to be as high as 11 percent It's...
Hartford Business Journal The Hartford, Conn, Planning and Zoning Commission has approved Dakota Partners’ plans for a 180-unit apartment property at 330 New Park Ave in Hartford Dakota Partners, a Waltham, Mass, developer, plans on...
Crain’s New York Business Arker Cos has filed plans to construct a 194-unit affordable-housing building in the Far Rockaway section of Queens, NY The 17-story building at 5123 Beach Channel Drive also will have 22,000 square feet of commercial...
Boston Business Journal Boston Development Group is planning a 450,000-square-foot office and laboratory complex in the Boston suburb of Watertown, Mass The Newton, Mass, company expects to break ground next year on the project’s first phase,...
Knighthead Funding has provided $265 million of construction financing for the Cascade, a 113-unit residential condominium project in Austin, Texas The property, at 2500 Longview St in the West Campus area of the city’s downtown, is being...
Bisnow Gilbane Development Co has broken ground on the 978-bed Tempo student-housing project in College Park, Md The company plans on completing the 296-unit building in 2022 The project, at 8430 Baltimore Ave, sits on a two-acre site that formerly...
The Real Deal J Safra Real Estate is planning to convert the office component at 660 Madison Ave in Manhattan into residential units and a hotel The company plans on adding 15 floors to the 22-story mixed-use building The conversion will not affect...
Boston Business Journal Mark Development plans on constructing a mixed-use project in the Boston suburb of Newton, Mass The company, with offices in New York and the Boston suburb of Wellesley, Mass, anticipates breaking ground on the development in...
Crain’s New York Business New York Governor Andrew Cuomo has extended the state’s moratorium on commercial evictions and foreclosures through the end of the year Cuomo initially announced the ban for 90 days starting on March 20, shortly...
Commercial Real Estate Direct Staff Report Prologis Inc expects to add another $11 billion of industrial projects to its development pipeline this year, increasing its total for the year to as much as $2 billion That is up significantly from the...
