New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


New York & Tri-State  + Uptown/Bronx  + Apartments  | 

Bayport Funding Provides $5M for UWS Townhouse 

Bayport Funding has provided a $4.7 million acquisition and construction loan for the development of two triplex townhomes in the Upper West Side. 

Located at 76 West 105th Street in Manhattan, the six-story property spans nearly 7,000 square feet. The exterior design features an outdoor community garden and a roof deck with glass railings. Construction is expected to be completed in the latter half of 2023.  

“Manhattan is the only New York borough to experience a population increase following the pandemic, and the Upper West Side led that trend with a roughly 30% increase compared to 2019,” said Marcia Kaufman, CEO of Bayport Funding. “With that influx in population comes an increase in demand, and that’s reflected by the area’s appreciating fundamentals.” 


Inside The Story

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

New call-to-action