Northeast

New Empire Receives $75M in Construction Financing for Brooklyn Multifamily Project

by Taylor Williams September 22, 2026

NEW YORK CITY — Locally based developer New Empire has received $75 million in construction financing for a new multifamily project that will be located in Brooklyn’s Flatbush neighborhood. The financing consists of a $58 million senior loan from Madison Realty Capital and a $17 million mezzanine loan from Naftali Credit Partners. Designed by Morali Architects with interiors by Paris Forino, the project at 757 Flatbush Ave. will be a nine-story building with 131 residences and 3,348 square feet of commercial space. Units will come in studio, one-, two- and three-bedroom units. Details on the amenity package were not disclosed.

September 22, 2026

Acquisitions Connecticut Multifamily Northeast

JLL Negotiates $27M Sale of Apartment Complex in Haddam, Connecticut

by Taylor Williams September 22, 2026

HADDAM, CONN. — JLL has negotiated the $27 million sale of Blueway Commons, an 88-unit apartment complex in Haddam, located in Middlesex County. Blueway Commons was built on 6.5 acres between 2023 and 2025. The property features one- and two-bedroom units, 10 of which are workforce housing residences, with an average size of 967 square feet that are housed across five two-story buildings. Amenities include a clubhouse with a coffee bar, fitness center and an outdoor kitchen with a pergola. Jon Bryant, John Flaherty and Steve Simonelli of JLL represented the seller, Elm Tree Communities, in the transaction. The buyer was RAK Realty.

September 22, 2026

Affordable Housing Development Multifamily New Jersey Northeast

Walters Completes 72-Unit Affordable Housing Project in Hainesport, New Jersey

by Taylor Williams September 22, 2026

HAINESPORT, N.J. — New Jersey-based developer Walters has completed a 72-unit affordable housing project in Hainesport, located outside of Philadelphia in Southern New Jersey. Cornerstone at Hainesport consists of six buildings that house one-, two- and three-bedroom units that are reserved for households earning 60 percent or less of the area median income. Amenities include a basketball court, children’s play area and a clubhouse with computer workstations. Construction began in early 2025.

September 22, 2026

Leasing Activity New York Northeast Office

QSAC Signs 25,268 SF Office Lease in The Bronx

by Taylor Williams September 22, 2026

NEW YORK CITY — Quality Services for the Autism Community (QSAC) has signed a 25,268-square-foot office lease in The Bronx. The deal comprises 12,891 square feet of second-floor space and 12,377 square feet of outdoor space at 1200 Zerega Avenue, a two-story, 95,646 square-foot building. Josh Kleinberg of Colliers represented QSAC in the lease negotiations. Mathew Diana of DY Realty Group, in conjunction with in-house leasing agents, represented the owner, Simone Development Cos.

September 22, 2026

Acquisitions Northeast Office Pennsylvania

CBRE Arranges Sale of 91,306 SF Office Building in Camp Hill, Pennsylvania

by Taylor Williams September 21, 2026

CAMP HILL, PA. — CBRE has arranged the sale of West Shore Office Center, a 91,306-square-foot office building in Camp Hill, a southern suburb of Harrisburg. The seven-story building at 214 Senate Ave. was fully leased at the time of sale to tenants such as Morgan Stanley, Merrill Lynch, JEM Group, Hersha Hospitality and the U.S. Army Corp. of Engineers. Steve Marzullo, Adam Silverman, Jeremy Shyk and David Sickler of CBRE represented the undisclosed seller in the transaction and procured the buyer, locally based investment firm Linlo Properties.

September 21, 2026

Affordable Housing Development Massachusetts Multifamily Northeast

TCB Breaks Ground on 65-Unit Mixed-Income Housing Project in Provincetown, Massachusetts

by Taylor Williams September 21, 2026

PROVINCETOWN, MASS. — Nonprofit developer The Community Builders (TCB) has broken ground on Province Post, a 65-unit mixed-income housing project that will be located in Provincetown, situated at the tip of Cape Cod. The building’s affordable housing component will be for renters earning from 80 percent to below 30 percent of the area median income. Units will come in studio, one-, two- and three-bedroom floor plans. A tentative completion date was not announced.

September 21, 2026

Acquisitions Industrial Massachusetts Northeast

ABG Commercial Negotiates $8M Sale of Industrial Building in Medford, Massachusetts

by Taylor Williams September 21, 2026

MEDFORD, MASS. — Locally based brokerage firm ABG Commercial Realty has negotiated the $8 million sale of a 28,600-square-foot industrial building in Medford, a northern suburb of Boston. The building at 118 Mystic Ave. was fully leased to Verizon at the time of sale. Bernard Gibbons of ABG Commercial represented the buyer, Empire Management, in the transaction. The seller was local development and investment firm Marcus Partners.

September 21, 2026

Leasing Activity New York Northeast Office

ProMedia Signs 27,780 SF Office Lease in Manhattan’s Hudson Square

by Taylor Williams September 21, 2026

NEW YORK CITY — ProMedia has signed a 27,780-square-foot office lease in Manhattan’s Hudson Square area. The production and media infrastructure company has committed to a full floor at 250 Hudson Street for the next 15 years. Gordon Ogden and Ava Beganovic of Bradford Allen represented ProMedia in the lease negotiations. Brett Greenberg and Adam Rappoport internally represented the landlord, Jack Resnick & Sons.

September 21, 2026

Loans Multifamily New York Northeast

Avison Young Arranges $115M in Agency Financing for Queens Apartment Building

by Taylor Williams September 18, 2026

NEW YORK CITY — Avison Young has arranged $115 million in Fannie Mae financing for a 301-unit apartment building in the Long Island City area of Queens. Wells Fargo provided the loan for the building, which represents Phase II of a larger development known as the Eagle Lofts Collection, through Fannie Mae’s Delegated Underwriting Service (DUS) program. Phase II features studio, one- and two-bedroom units, 30 percent of which are designated as affordable housing. Amenities include a spa with saunas and therapy rooms and a speakeasy sports parlor with a bowling alley, golf simulator and ski simulator, as well as a rooftop pool, fitness center, children’s playroom and pet washing station. Scott Singer, Andy Singer, Kevin Swartz and Kathleen McSharry of Avison Young arranged the debt on behalf of the owner, Rockrose Development.

September 18, 2026

Development Multifamily New Jersey Northeast

Partnership Begins Leasing 27-Story Apartment Building in Jersey City

by Taylor Williams September 18, 2026

JERSEY CITY, N.J. — A partnership between RXR, Columbia Property Trust, Strategic Value Partners LLC and One Investment Management has begun leasing Hudson House West, a 27-story apartment building in Jersey City’s SoHo West neighborhood. The 338-unit building represents the third and final phase of a larger development known as the Hudson House Collection, which includes another 27-story building (Hudson House East) and a five-story adaptive reuse building known as Radio Lofts. Combined, the buildings total 829 units in addition to 48,000 square feet of retail space. Residences at Hudson House West come in studio, one-, two- and three-bedroom floor plans. Amenities include two pools, outdoor grilling and dining stations, a sky lounge, fitness center, coffee bar, children’s playroom, game lounges, coworking space, an indoor soccer field and a basketball court.

September 18, 2026

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