Multifamily

BOSTON — Skanska USA Building has completed a $74 million rehabilitation project at Harbor Towers, a 40-story luxury condominium complex comprising two towers located on Boston’s waterfront. Skanska served as program manager and oversaw the repair and replacement work for the rehabilitation. The project involved replacing more than 19,000 linear feet of corroded HVAC riser pipe and 1,872 fan coil units throughout the two buildings. The firm used 4D modeling to ensure accuracy and efficiency for each phase of the project. The two towers that make up Harbor Towers were designed by architect I.M. Pei and completed in 1971.

NEW YORK CITY — A 25-unit, single-room occupancy property has been traded for $850,000. The five-story building, which is located at 566 W. 182nd St., was vacant at the time of the trade. The new owner will continue to operate the building as a residential property. Neil Gronowetter of Eastern Consolidated represented the seller, West 182nd Realty, and procured the buyer, GSC Washington Heights LLC, in the transaction.

NEW YORK CITY — Boston Capital has invested in Harriet Tubman House Apartments, an affordable housing project under development in Harlem, Hew York City. The project, which is being developed by locally based West Harlem Group Assistance, will consist of the rehabilitation of a former homeless shelter. Two buildings will be renovated and a third building will be constructed. The new community will contain 53 units in a mix of two studios, 13 one-bedrooms, 26 two-bedrooms and 12 three-bedrooms. Sixteen of the units will be set aside for formerly homeless residents. Amenities will include 1,500 square feet of community space with a community room and laundry facilities; a sixth floor common roof deck; and a meeting space with a kitchen, a pantry and a resident recreation area. The construction timetable was not released.