TF Cornerstone Breaks 99‑Unit Ceiling With Big Bet On Greenpoint And Chelsea
TF Cornerstone filed to use New York’s 485‑x program for three large projects in Greenpoint and Chelsea, a direct challenge to the city’s 99‑unit workaround. The sites will test whether higher wage and affordability rules actually yield big builds.
Flatbush Corner Snags $18.1M Ground Lease for 11-Story Prospect Park Hub
Asset CRG arranged an $18.1M ground lease at 358 Flatbush Ave., assembling air rights to clear the way for an 11‑story, 65‑unit mixed‑use project near Grand Army Plaza.
Bronx Jail-Turned Housing Jackpot: Hunts Point Lottery Puts 303 Low-Cost Units Up For Grabs At $465
A housing lottery is live for 303 affordable apartments at The Peninsula in Hunts Point, with studios starting at $465. Applications are open through July 7, 2026.
SoJo Spa Boss Soaks Up $31 Million Flatiron Prize At 893 Broadway
SoJo Spa Club owner Hyun Jun An paid about $31 million for 893 Broadway, expanding his holdings in Manhattan's Flatiron District. The five‑story building is anchored by Saatva.
Hudson River Power Play: Greyhill, P3 Grab West New York Rentals For $125.3M
Greyhill Group and P3 Properties bought Riverbend at Port Imperial in West New York for about $125.3 million, taking a 301‑unit waterfront complex out of institutional hands.












