Two MF Sites in BK Sold for $7M ,

Two MF Sites in BK Sold for $7M ,

Two multifamily development sites in Brooklyn were sold for $7 million. The properties, located at 962 and 976 Bushwick Ave., constitute a 421a development site with plans for two seven-story multifamily buildings totaling 53 units. Names of the buyer and seller were...
Manhattan Avg Resi Rental Price Down 1.6%,

Manhattan Avg Resi Rental Price Down 1.6%,

Manhattan’s average rental price declined by 1.56% to $4,617 in the last month of 2023, according to MNS’ NYC rental reports. Gramercy saw the largest month-over-month increase (9.6%) in DM (doorman) 1BR, while FiDi NDM (non-doorman) Studios had the...