Global One Real Estate Fund, an affiliate of New York-based Nelson Management Group, today announced that the firm has partnered with The Vistria Group to recapitalize a pair of affordable housing properties in its portfolio, Lafayette-Boynton Apartments and Promenade Apartments.
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Recent commercial real estate transactions in New York.This 50,910-square-foot, six-story residential building in the Astoria neighborhood was built in 1931. The building contains an elevator and 59 units, including 58 one-bedroom units and one-three bedroom unit. Some apartments are available for market rate while others are rent-regulated.
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by: [NYREJ]
Brooklyn, NY Nelson Management/Global One Investments has tapped Imani Q’ryn Realty, a residential brokerage, to serve as exclusive broker for Atlantic Plaza Towers, a two-building, 718-unit complex located on the edge of Bed Stuy & Crown Heights section.
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by: Katherine Clarke
source: The Real Deal
Global One Real Estate Fund, an entity controlled by Robert Nelson of Nelson Development, has purchased the Lafayette-Towers Nelson Apartments Houses, a middle-income rental complex in the Bronx, Nelson told The Real Deal today.
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WHEN WILLIE Mae Anderson and her family moved into one of the brand-new Cathedral Parkway Towers on W. 110th St. in the early 1970s, she thought it was grand. “It was just a beautiful building,” she remembered. After 20 years of rent strikes and battles with the former owner, the tenants are buying the Mitchell-Lama complex and keeping it affordable housing for middle-income New Yorkers.
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