Dozens of New York City apartment buildings managed by Joel Wiener’s Pinnacle Group that house thousands of rent-stabilized units are being put up for sale months after falling into Chapter 11. Staten Island Advance: Jersey Shore apartment building sale ‘achieved a record price’ As a practical matter, builders tend to build condominiums to higher quality standards than apartment complexes because of the differences between the rental and sale markets. Condominium 阅读全文 … Gothamist: Mamdani administration eyes new effort to steer sale of NYC rent-stabilized apartments After failing to influence a previous bankruptcy sale in January, the mayor is trying again to steer troubled rent-stabilized apartments into the hands of owners his administration considers more ...
Mamdani administration eyes new effort to steer sale of NYC rent-stabilized apartments A newly built luxury apartment building in Westfield sold for $4.8 million, the highest per‑unit multifamily sale in town in at least 10 years. A 10-unit apartment building near the Asbury Park boardwalk has sold for $2.3 million in a transaction that marks “the highest price per unit for a multifamily property in the city in more than a year ...
