NEW YORK CITY-The fund bought the complex—Lafayette Boynton—from AREA Property Partners, along with a JV. The goal is to continue a $14 million improvement program, largely focused on energy conservation, and save the 972 units as affordable.

YONKERS, NY-The city’s Industrial Development Agency will hold a public hearing regarding the redevelopment of the long-abandoned PS 6 school building into an affordable housing complex.

NEW YORK CITY-The latest S&P/Case Shiller Indices show that home prices declined by 3.9% in Q3, but S&P’s David Blitzer tells GlobeSt.com’s Jacqueline Hlavenka that multifamily remains strong as a result.

NEW YORK CITY-Cassidy Turley arranged an 18,000-square-foot, 10-year lease for Common Ground at 505 Eighth Ave. for the non-profit, which builds transitional housing for low-income New Yorkers.

NEW YORK CITY-The New York Recovery REIT has gobbled up six extra retail condominiums at the property—and more Manhattan transactions are underway, EVP Michael Happel tells GlobeSt.com's Jacqueline Hlavenka.

NEW YORK CITY-Two buildings owned by ABS Partners are nearly 100% occupied, a sign that the neighborhood is still a hotbed for creative and tech tenants, the firm tells GlobeSt.com's Jacqueline Hlavenka.

NEW YORK CITY-As phase one of the 709-unit project continues, Rockrose’s Justin Elghanayan tells GlobeSt.com that the site—and the neighborhood—are at a turning point.

NEW YORK CITY-The nine-building portfolio, including the Doubletree Syracuse and the Hilton Downtown in Newark, totals 2,264 rooms across eight states.