Bronx
NYCHA Selects Asland Capital Team to Rehab Soundview’s Sack Wern Houses
The New York City Housing Authority (NYCHA) has selected Asland Capital Partners, nonprofit Breaking Ground and Douglaston Development to design… Read more
Passive House Affordable Projects Opens Its Doors in the Bronx
Trinity Financial and MBD Community Housing Corporation recently cut the ribbon on 425 Grand Concourse, a $178-million high-rise affordable housing project… Read more
Simone’s Hutchinson Metro Center Secures Two Tenant Renewals
Shein Orthopaedics and law firm Peña & Kahn have both signed expansion and renewal leases at Simone Development Companies’ Tower One at the Hutchinson Metro… Read more
U-Haul Picks Up Bronx Industrial Parcel
Cushman & Wakefield arranged the sale of an 11,838-square-foot industrial parcel at 758-764 E.138th St. in the Bronx’s Port Morris… Read more
Ariel Closes Sale of Rent-Stabilized South Bronx Multifamily
Ariel Property Advisors arranged the $12,150,000 sale of 725-737 Fox St., a rent stabilized multifamily property in the Longwood section… Read more
ULI Honors Nine Projects for Excellence in Development
The Urban Land Institute New York has selected nine projects as winners of the Seventh Annual Awards for Excellence in Development.… Read more
Target Inks 139K-SF Retail Lease at Bronx Power Center
Urban Edge Properties signed a 139,000-square-foot lease with Target for a general merchandise store at Bruckner Commons in the Bronx.… Read more
Rehabilitation Clinic Expands at Simone’s Hutchinson Metro Center
Burke Rehabilitation held a ribbon-cutting ceremony for its new site at 1250 Waters Pl. at Simone Development Companies’ Hutchinson Metro… Read more
Unnamed Tenant Leases 569K SF of Industrial Space in the Bronx
JLL Northeast Industrial team arranged a 568,543-square-foot lease at the newly completed 2505 Bruckner Blvd. in the Bronx, the largest… Read more
RXR Tops Out Construction at First Bronx Project
RXR has topped out construction of its inaugural South Bronx development, Maven. The 27-story, 200-unit residential tower is located at… Read more
Laundromat Service Leases Ground-Floor Space at Douglaston’s Williamsbridge Multifamily
Clinton Management, the property management affiliate of Douglaston Development, has arranged a 15-year, 6,200-square-foot lease, including a 20-car parking lot,… Read more
Supportive Housing Complex Reaches Completion in Bronx’s West Farms Neighborhood
Tremont Residences, a $50.6-million affordable housing development in the West Farms area of the Bronx, has been completed. The new… Read more
Bronx Posts Double-Digit Annual Gains in Apartment Rents
Apartment rents are on the rise in the Bronx as well, according to MNS Real Estate. Average monthly rents in… Read more
Value-Add Motel Property Trades in North Bronx
Cushman & Wakefield arranged the sale of an 11,104-square-foot motel at 1440 E. 222nd St. in the Bronx’s Baychester neighborhood.… Read more
Ariel Closes Sale of Bronx Multifamily Portfolio for $12M
Ariel Property Advisors arranged the sale of a 10-building, 87,899-square-foot multifamily portfolio at 818-862 Beck St. in the Longwood section… Read more
Multifamily Leads as Bronx Investment Sales Volume Soars
The Bronx saw record dollar volume and the second largest number of transactions ever recorded with $1.54 billion investment sales… Read more
Greystone, Project Destined Expand Social Impact Partnership
Greystone and Project Destined, a social impact platform founded by former Carlyle Group executive Cedric Bobo, have expanded their partnership… Read more
Mott Haven Apartments Change Hands for $6M
GFI Realty Services closed the $6.4-million sale of 864 E. 149th St, a walk-up building with 46 rental apartments in the Mott Haven section… Read more
Rockabill Lends on Bronx Affordable Repositioning
Rockabill secured $7.6 million in city subsidy and a construction loan of $8.9 million from JP Morgan Chase to facilitate… Read more