HAP refinances Harlem portfolio with $77M Allegiant loan
HAP Investments has secured a $76.75 million loan from Allegiant Real Estate Capital to refinance HAP Investment’s robust East Harlem portfolio. “We are excited about HAP’s...
Tag : East Harlem
City unveils plan for 600 new apartments, Afro-Latin Music Center in East Harlem
The city has unveiled a plan for 600 new apartments along with an Afro-Latin Music and Arts Center  and an upgraded community center in East...
CPC closes on $100M New York portfolio loan
The Community Preservation Corporation (CPC) announced the closing of a $100 million portfolio under the Freddie Mac Small Balance Loan (SBL) product. The loans were...
Done Deals: East Harlem duplex breaks $1M mark, Hunter’s Point condo goes for $1.5M
From Manhattan duplexes to a swanky new condo in Queens, these are some of the top done deals from the past week in residential real...
Brodsky firm in East Harlem exchange
BEB Capital has acquired a 29-unit multifamily building at 238 East 106th Street in East Harlem . Lee Brodsky, CEO, said the property was purchased...
East Harlem tenants win $60M affordability deal
A $60 million funding package will allow developers to preserve the affordable Los Tres Unidos apartments in East Harlem. A partnership between Nuevo El barrio...
City Council rezones East Harlem to secures affordable housing
After three years of governmental fine-tuning and community input, the New York City Council adopted its rezoning plan for East Harlem on November 30. The...
Emerald Equity Group refinances Bronx portfolio with record $129M Freddie Mac loan
Emerald Equity Group has refinanced an 850-unit Bronx portfolio with $129 million in Freddie Mac loans. Sabal Capital Partners, a financial services firm, announced the...
Record penalty for 2014 East Harlem gas blast that killed 8 people
Energy company Con Edison has agreed to pay the largest gas safety-related settlement in New York State history over a fatal gas explosion in East...
Manhattan landlord, contractors indicted for harassing E. Harlem tenants
A building owner and two contractors were charged with multiple felonies after harrassing and endangering the lives of tenants in an East Harlem building. Manhattan...