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News
Coney Island Prep Inks 45K-SF Deal to Relocate to 773 Neptune Avenue
3+ day, 21+ hour ago (220+ words) Coney Island Preparatory Public Charter School is moving from its Gravesend, Brooklyn, location to none other than Coney Island. The school signed a 39-year condominium leasehold agreement to build a 45,190-square-foot high school at Elie Fouerti’s 773 Neptune Avenue, where it…...
S3 Capital Lends $45M to Build Williamsburg Apartments on Church Land
3+ day, 20+ hour ago (241+ words) A Brooklyn developer got a higher calling for its latest multifamily project. David Grunfeld, through the entity GW Infinity, has landed $45 million of construction financing to build a 99-unit apartment building with an affordable housing component at a church-affiliated site…...
Affinius, Axonic Lend $48M for Suburban Boston Apartments Build
3+ day, 22+ hour ago (248+ words) A Boston development firm’s plan for a multifamily project in suburban Boston is proving dino-mite. Dinosaur Capital Partners has landed $48 million of construction financing to build a multifamily property in Lexington, Mass., Commercial Observer has learned. Affinius Capital and Axonic…...
Kolter Urban, BH Group Secure $197M for Olana Naples Condos
3+ day, 22+ hour ago (130+ words) Kolter Urban and BH Group have secured $197 million in construction financing to build Olana Naples Residences, an estate-style condominium residence in Naples, Fla., along Florida’s Gulf Coast, Commercial Observer can first report. Apollo Global Management and BDT & MSD Partners provided…...
Get to Know the Broker: Teresa Minnick of Christie’s Real Estate
5+ day, 16+ hour ago (609+ words) Move over “Jersey Boys,” because this Jersey girl is the queen bee of the New Jersey real estate market. And her work stays focused at the Jersey Shore, where she said she finds peace in the “history, architecture and charm,…...
One Generation's Senior Housing Boom Is Another's Bust
5+ day, 18+ hour ago (318+ words) Today’s senior housing boom comes with an expiration date, and the developers who recognize that now will hold the long-term competitive advantage. The financial engine powering this boom is a single-generation phenomenon. Those continuing to build exclusively for the top…...
541-555 Amsterdam Avenue
4+ day, 10+ hour ago (10+ words) Commercial Observer © 2026 Observer Media · Terms · Privacy...
Prime Finance Supplies $63M Refi for Chelsea Multifamily Portfolio
4+ day, 17+ hour ago (200+ words) Slate Property Group has landed a $63 million loan to refinance three multifamily buildings in Manhattan’s Chelsea neighborhood, Commercial Observer has learned. Prime Finance provided the loan for Slate’s portfolio at 229 West 20th Street, 300 West 21st Street and 301 West 22nd Street, which combined feature…...
Manhattan’s Supply of New Condos to Hit Highest Level Since 2014
4+ day, 19+ hour ago (549+ words) Pumpkin spice and everything nice, that’s what fall is all about. Unless you’re a condo developer in Manhattan. Then fall is all about getting busy — a lot more busy. The fourth quarter of 2026 is expected to show a release of…...
MRC Lends $77M for Whole Foods-Anchored Texas Development
4+ day, 20+ hour ago (222+ words) A joint venture between Trademark Property Company and Harrison Street Asset Management has sealed $77 million of construction financing to build a mixed-use development in the Dallas-Fort Worth region anchored by Whole Foods, Commercial Observer has learned. Madison Realty Capital originated…...