Multifamily

New mega developments need to build flexibility into current systems to ensure they last for 20-plus years, even as technology needs change.

“Atlanta continues to be a strong performer in commercial real estate and the local housing market is vastly undersupplied.”

At REBNY's spring luncheon, panelists look at the city's future development and the Most Promising Commercial Salesperson Award is presented.

Emerson Apartments, located at 1221 New Meister Ln., was sold pre-stabilized upon completion to a private buyer at an undisclosed sales price, in a transaction of benefit to the developer and buyer.

The sale represents the increased demand for residences and services with the neighborhood's growing tech industry says Cushman & Wakefield.

The firm is making this move at a time when multifamily industry watchers remain bullish on the landscape.

A brand new 900-unit self-storage facility trades hands before lease-up, but the investors is paying close attention to possible oversaturation in some pockets.

At a Taft Houses rally, the governor called for an additional $250 million in the state budget to support the New York City Housing Authority.