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.
Read More
According to JLL, Global One Real Estate Fund II, an affiliate of Nelson Management Group, has acquired the six-story mixed-use building at 105-05 69th Ave. in Forest Hills. The acquisition price was $26.5 million.
Read More
BY Konrad Putzier • [The Real Deal]
Partners plan to build two new towers at Lafayette Towers Nelson Apartments
Global One Investments and L+M Development Partners refinanced the Lafayette Towers Nelson Apartments complex in the Bronx with a $89.5 million loan from Citi Community Capital.
Read More
BY ONDEL HYLTON • [6sqft]
The Two Bridges waterfront is one of the last bastions of affordability in lower Manhattan, but lately it seems word is getting out about its scenic waterfront locale that overlooks the rejuvenated East River shoreline and turn-of-the-century suspension bridges.
Read More
BY TANAY WARERKAR • [CURBED NY]
The building will have 256 apartments and several new amenities
In an area on the Lower East Side that’s quickly becoming an epicenter of high-rise development, Nelson Management Group and L+M Development Partners are now set to renovate a 19-story building located at 275 South Street. On Monday, the developers released new renderings for the project, which includes 256 rentals, half of which are for middle-income families.
Read More
BY TANAY WARERKAR • [CURBED NY]
The Bronx isn’t immune to the same development boom that the rest of the city is experiencing. New residential projects of all stripes have taken to creating fully affordable apartment buildings in the borough, as well as new commercial and retail developments are springing up. With its proximity to Manhattan, the South Bronx has become the epicenter of The Bronx’s new development surge.
Read More
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.
Read More
by: Real Estate Weekly
A $17 million renovation project has been completed in the Soundview neighborhood of the Bronx.
The 972-unit Lafayette Towers Nelson Apartments complex has been given the massive overhaul by Nelson Management Group, through its investment arm Global One Investments led by principals Robert Nelson and Michael Gerstein, and L+M Development Partners, through its New York Affordable Housing Preservation Fund (NYAH).
Read More
by: Real Estate Weekly
Global One Investments, led by principals Michael Gerstein and Robert Nelson, and L+M Development Partners have announced their plans for capital improvements to 257-271 South Street, a 256-unit apartment building on the Lower East Side, which the joint venture recently acquired for $115 million.
Read More
by: Al Barbarino
source: Commercial Observer
Global One Real Estate Fund, led by Robert Nelson, has partnered with NYAH Preservation Fund for the $18.5 million purchase of Promenade Tower Nelson Apartments, a 318-unit, 32-story residential Mitchell Lama project in Marble Hill, where the developer plans an extensive re-positioning.
Read More