East Harlem
Greystone Arranges HUD-Insured Loan for East Harlem Apartments
Greystone has provided a $97,600,000 HUD-insured loan to refinance Villa Hermosa Apartments, a 272-unit multifamily property in East Harlem. The… Read more
Adams Administration Plans Expansion of Harlem River Greenway into the Bronx
The Adams administration will begin public engagement in April on a plan for an expansion of the Harlem River Greenway… Read more
LIHC Partnership Acquires East Harlem Affordable Complex
LIHC Investment Group, Camber Property Group and Settlement Housing Fund closed on the $85-million acquisition of Lexington Court in East Harlem,… Read more
East Harlem Development Site Changes Hands
Alan Stenson, senior director of Manhattan-based investment sales brokerage firm Brax Realty, arranged the sale of a corner development site in East… Read more
Jonathan Rose-Led Partnership Closes on $223M Financing for East Harlem Project
Jonathan Rose Companies, L+M Development Partners and Acacia Network have closed on $223 million in financing for the second and… Read more
Multifamily Project in Mott Haven Lands $63M Loan
Scale Lending has provided a $63-million loan to YS Developers, led by Simon Kaufman. The loan will finance the construction… Read more
After Strong Q1 for NYC Multifamily, Ariel Sees “Minimal Activity” Ahead
New York City’s multifamily investment sales market wasn’t affected by COVID-19 in the first quarter, Ariel Property Advisors says in… Read more
Developers, Restaurants Partner on Meals for Healthcare Workers
City officials joined with L+M Development Partners, Jonathan Rose Companies, Union Settlement and Acacia Network to announce a new initiative… Read more
East Harlem MXU Closes on $223M in Financing
L+M Development Partners, Jonathan Rose Companies and Acacia Network closed on $223 million in financing for phase one of Sendero… Read more
Avison’s Nelson Team Markets East Harlem Portfolio
Avison Young’s tri-state investment sales group has been hired to market a multifamily portfolio comprised of three newly-constructed properties, and… Read more
City’s First Proton Therapy Facility Opens in East Harlem
City officials and representatives of major healthcare organizations recently opened the New York Proton Center (NYPC) in East Harlem. New… Read more
$330M NY Proton Center Set for July Opening
New York City is set to get a new radiation-treatment center, the first of its kind in the state, that… Read more
Merchants Capital Secures Financing on 2 Affordable Projects
Mortgage banking firm Merchants Capital has secured financing for two affordable housing developments in East Harlem and Brooklyn’s Flatbush neighborhood, totaling more… Read more
Northern Manhattan Market: Deals Down, Dollars Up
Northern Manhattan investment sales saw both increases and a year-over-year decrease in 2018, according to Ariel Property Advisors data. Although… Read more
East Harlem MXU Portfolio Lands Biggest Freddie SBL to Date
Sabal Capital Partners has closed the largest portfolio by loan balance in the history of Freddie Mac’s Small Balance Loan… Read more
Ariel Markets MXU Site in East Harlem
Ariel Property Advisors has been retained to sell 2031-2033 Third Ave., a rare mixed-use development site in recently rezoned East… Read more
Newly-Built East Harlem Multifamily Changes Hands
Ariel Property Advisors has facilitated the sale of 57 E. 130th St., a newly-constructed multifamily building in East Harlem. The… Read more
Rezoned East Harlem Parcel Comes to Market
Ariel Property Advisors has been retained to sell an East Harlem development site. The 25.67’ by 100’ site at 2154… Read more
Rezoning Gives Retail a Shot in the Arm
“Retail follows rooftops,” the old saying goes. In New York City, the truism may well be that “retail follows rezoning.”… Read more