Real Estate

">

NYC’s Housing Crisis: Big Developers, Politicians & Hotels

New York City’s ongoing housing crisis has politicians and developers pointing fingers at small homeowners, accusing them of worsening the shortage by renting out their extra units for short-term stays, which is preposterous. A closer look at the numbers tells a different story—one that exposes the real culprits behind the city's lack of truly affordable housing.

">

Progress in East New York's $500Mil Broadway Junction Project

Revitalization of East New York IBZ Underway with Release of Multi-Site RFP, Completed Renovation and Lease-Up of NYCEDC’s Industrial Building, and Activation of Vacant Lot with Local Recycling Organization Sure We Can

">

NYC Offering Up To $100K Down Payment for Home Buyers

The HomeFirst Down Payment Assistance Program is a financial aid initiative offered by the New York City Department of Housing Preservation and Development (HPD). It helps first-time homebuyers purchase homes in any of NYC’s five boroughs by providing forgivable loans of up to $100,000. This loan can be used for a down payment or closing costs, making homeownership more accessible to low- and moderate-income families.

">

Top 50 Priciest NYC Neighborhoods

New York City’s real estate market experienced notable shifts in 2024, with median sale prices rebounding by 3% year-over-year (Y-o-Y) to $748,000. While sales activity across the city stayed relatively flat, certain neighborhoods saw dramatic changes in prices and transactions. Below, we explore the top 50 most expensive neighborhoods in NYC and highlight key trends that defined the year.

">

Affordable Housing Available at 150 Noll Street in Bushwick

150 Noll Street Apartments, located in the vibrant neighborhood of Bushwick, are now available through the NYC Housing Lottery program. These thoughtfully designed units offer spacious layouts with expansive windows, high-end appliances, and stylish finishes, providing a perfect blend of comfort and sophistication.

">

Camber Buys Linden Plaza Development in ENY for $1B

Camber Property Group has officially acquired the 11-building, 1,527-unit Linden Plaza apartment complex in East New York, Brooklyn, for nearly $1 billion, as reported by Commercial Observer. The property was purchased from Linden Plaza Preservation, an entity managed by RY Management, with the deal closing just before the new year. Rick Gropper, founding principal at Camber, described the acquisition as “a historic transaction and one of the largest multifamily transactions,” emphasizing its potential to significantly improve the living conditions for residents through a public-private partnership.

">

New Affordable Housing at Logan Fountain Apts

Logan Fountain Apartments, located at 265 Logan Street in the East New York neighborhood of Brooklyn, is offering 68 newly constructed units. These units provide affordable housing options for individuals and families, with rents starting at $994.

">

NYC Newswire, Lookatmedia™ Partner to Transform Local Media

PRESS RELEASE: Register to Download images (Text & Images Approved for Editorial Use)

">

Own Your Brooklyn Co-Op: Belle Gardens 46 New Units

Belle Gardens is your opportunity to own a one- or two-bedroom co-op in Brooklyn. With 46 newly constructed apartments located at 20 Suydam Place, 37 Rochester Avenue, and 331 & 335 Ralph Avenue, Brooklyn, NY 11233, this affordable housing program is designed to bring homeownership within reach for eligible buyers. The deadline to apply is January 8, 2025.