Articles by Sebastian Morris

Daytime view of Riverdale Osborne Towers

Developers Close on $100M Refinance for Riverdale Osborne Towers in Brownsville, Brooklyn

The Community Preservation Corporation (CPC) and Proto Property Services have closed on a $100 million refinance for Riverdale Osborne Towers, a 525-unit affordable housing complex in Brownsville, Brooklyn. The partners plan to use the financing to complete extensive renovations and facility modernization throughout the complex, which is addressed as 420-440 Watkins Street. The funds will also ensure the property remains financially stable and preserves long-term affordability for residents.

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New rendering of North Cove at 373 West 207th Street (aka 375 West 207th Street) - Aufgang Architects

Developers close on $288M to Complete North Cove at 373 West 207th Street in Inwood, Manhattan

Joy Construction Corporation and Maddd Equities have secured $288 million in financing to complete North Cove, a 100-percent affordable housing tower at 373 West 207th Street in Inwood, Manhattan. Designed by Aufgang Architects, the 30-story building will comprise 611 apartments, a collection of amenity spaces, 60,000 square feet of retail on the lower levels, and 120 parking spaces.

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