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Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
The co-head of private real estate at Goldman Sachs Asset Management Joe Gorin breaks down two recent Houston and Seattle deals and what they say about multifamily investments now.
Given the continued economic revival in Newark and its easy access to and from New York City, multifamily investors have strong interest in the city, says The Kislak Company.
The South Jersey property is the second of three in the Jefferson Apartment Group pipeline, says Drew Chapman, senior vice president and development partner at Jefferson Apartment Group.
Weill Cornell Medical College acquired the Church of the Epiphany property for $68 million, which funded the seller's purchase of another church one block west for $22.5 million.
The Metropolitan Transportation Authority board approved MetroCard hikes on the heels of Governor Cuomo and Mayor de Blasio's MTA proposal that includes congestion pricing.