The plans call for 796 residential units, with 40,000 square feet of amenity space.

The Class A property features 340 units in total.

While occupancy has been under pressure due to a surge in supply, that's expected to change in 2026.

This marks the company's second acquisition in the greater New York area in over a year.

The project calls for 84 residences and 261 hotel rooms.

The financial services giant will be the lone occupier of the planned 55-story building.

All fundamentals showed improvement during 2025.

Homestead plans to enter the Midwest, Delta, Mountain West, Southeast, Southwest, Pacific and Pacific Northwest markets.