NEW YORK, NY – Hudson Valley Property Group has closed two preservation transactions, totaling $190 million, across three multifamily properties in New York City.

Per the deals, the firm will preserve 748 units as long-term affordable housing and it will implement upgrades and renovations at each property.

The first transaction's properties comprise Keith Plaza and Kelly Towers located at 2475 and 2405 Southern Blvd. in the Bronx, respectively. The second transaction consists of Los Tres Unidos Apartments located at 1680 Madison Ave. in Harlem.

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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.