City: New York City

Commercial Real Estate Direct Staff Report JPMorgan Chase Bank has provided $77.9 million of financing against the 76-unit Townhouse on the Park apartments in the Long Island City area of Queens, N.Y. The loan allowed the property's developer and owner, ...

The Real Deal Daiwa House Group has bought the 49 percent stake it didn't already own in the Maverick residential property in Manhattan, in a deal that values the 199-unit complex at $506 million. The Japanese investor bought the stake ...

Commercial Observer Developer George Rigas has filed plans to build a 77-unit apartment property in Brooklyn, N.Y. The eight-story building, at 2905 West 17th St. in the borough's Coney Island area, will include 90 parking spaces. The development site is ...

The Real Deal Robert Tagliareni has paid $36.5 million, or about $213,450/unit, for the 171-unit apartment property at 41-109 Belgrove Drive in Kearny, N.J. JP Management LLC sold the complex, which it had bought in 2004 for $11 million. Gebroe-Hammer ...

The Real Deal A venture of Monadnock Development, the Sisters of Charity Housing Development Corp. and the Master Group is planning to build a 360-unit affordable-housing project in Staten Island, N.Y. The property is being planned for a vacant lot ...

The Real Deal Zara Realty has secured $83 million of construction financing for the 223-unit apartment building at 153-10 88th Ave. in Queens, N.Y. Emigrant Bank and Arbor Realty Trust provided the debt, which was arranged by JLL. Zara, a ...

Commercial Observer Harbor Group International has secured $558 million of financing to help fund its $760 million, or $873.60/sf, purchase of 51 West 52nd St., an 870,000-square-foot office building in Manhattan. Deutsche Bank and Goldman Sachs provided a $420 million ...

Tenants signed 8.7 million square feet of leases in Manhattan in the third quarter, the largest total since the fourth quarter of 2019, according to CBRE. That was a 104 percent increase from the second quarter, but remains 5 percent ...

The Real Deal ZG Capital Partners has agreed to pay $40 million, or $493.83/sf, for the 81,000-square-foot office building at 836 Broadway in Manhattan. The New York investor is buying the property from an undisclosed seller that had owned it ...

Commercial Observer Greystone has originated $57.3 million of Fannie Mae financing against two affordable-housing properties with a combined 396 units in New York City. It wrote a $45 million loan against the 331-unit West Farms Estates, at 1314 West Farms ...