Journals By Industry - Residential Rental Property

An apartment building spree downtown is getting fresh fuel with an $85 million development proposed for surface parking lots just south of the Cosmopolitan on the Canal. The plan--first reported on IBJ.com on...

Throughout most of the 1900s, building was welcomed on Long Island. With thousands moving east from the city, communities grew exponentially and construction boomed. Ambitious developers turned vacant fields into neighborhoods and small...

Greccio Housing is preparing to close on two apartment buildings that will increase their inventory of affordable housing by more than 30 percent. Lee Patke, Greccio executive director, said he couldn't discuss specifics...

A private investment group, consisting of a mother and her two sons, has purchased a 65-unit apartment building in Salem for $5.7 million. Built in 2009, the Wellesley Apartments feature 37 two-bedroom and...

Two Nassau County women have been charged with allegedly stealing hundreds of identities nationwide through a Craigslist scam and using them to file fraudulent tax returns seeking more than $500,000 in refunds and...

Rachel Dalton The old adage 'my house is my pension' - predictably popular in an era when house prices boomed - is now accepted to be an unwise approach to retirement saving. But...

Declining interest from Hurricane Katrina evacuees who have yet to return to New Orleans doesn't mean there's less need for the 1,500 housing units being built in the 27.5-acre footprint of the Lafitte...

Unless the city decides to lower the tax rate, property owners can expect to pay higher taxes in 2013. The taxable value of New York City real estate will rise to $845.4 billion...

Irongate Realty Partners, a newly-formed venture of GFI Capital Resources, has paid $24 million to take possession of a Manhattan-style gated apartment complex in Brooklyn. Michael Weiser, president of acquisitions, said his firm...

The Kislak Company, Inc announced the $11,200,000 sale of The Seville Apartments, a 116-unit apartment building with 14 retail spaces in Jersey City, New Jersey. Vice president Barry Waisbrod represented both parties, longtime...

Sioni & Partners has been named exclusive brokers for 1414-1416 Wythe Place, a 44,040 S/F multi-family property in the Bronx. The five-story walk-up has 57 residential units and is being listed for $4,650,000....

Caption: Jonathan D. Resnick, chairman, welcomed guests to the Greater New York Construction User Council (GNY-CUC) annual Winter Season Celebration and Networking Reception at The Club at 2 Gold Street in New York...

Pryor Cashman announced that Joshua D. Bernstein has become a partner and Louis M. Ciccone, Jacob B. Radcliff, Danielle L. Schechner and Benjamin Semel have become Of Counsel to the firm. Joshua D,...

You should get whiplash insurance if you're covering Hempstead these days. After excluding rental apartments above stores in its new zoning plan for Hempstead Turnpike in Elmont, the Town of Hempstead has done...

This week's unveiling of the new Long Island Index revealed what developers have been telling us for years. Fifty-two percent of the 810 Long Island residents polled are in favor of changing zoning...

Ziel Feldman, founder and president of HFZ Capital Group, announced that a joint venture of HFZ and Vornedo Capital Partners purchased 11 East 68th Street, the 100,000 s/f residential property with 100 feat...

Broad Street Development recently signed leases totaling 28,510 s/f at 61 Broadway, including: * Public Health Solutions, a non-profit health solutions firm, signed a new, 8,250 s/f lease on the 22nd floor. The...

Hudson Realty Capital LLC funded more than $120 million in new originations and $400 million in loan portfolio acquisitions in the past 12 months. The Manhattan-based company also held the final close of...

Members from the Real Estate Board of New York (REBNY) Residential Management Division came together in March 2011 for the 13th annual Residential Management Leadership Awards Breakfast at the Roosevelt Hotel. Over 350...