Press / News

Nelson Management recapitalized a large rental portfolio in the Bronx for $174 million in what is likely the borough’s priciest multifamily deal of the past year. Read more

With her daughter attending high school in Midtown Manhattan, native New Yorker Lisa Lugo decided to make a move from Washington Heights. Her priority was finding a place where her 15-year-old could safely gain some independence and have a better commute. They landed in Forest Hills—and are enjoying the amenities of their new building and getting to know their new neighborhood. Here’s her story. Read more

In the Bronx, no building surpassed the height of Immaculate Conception Church’s spire for eighty years. Measuring 227-feet tall, the church was one of the tallest buildings in all of New York City when it was built in 1888, coming in just a few feet short of a handful of Manhattan buildings. Read more

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. Read more

Nelson Management has acquired a 112,596-square-foot building. The property owner and manager closed in late June on the $26.5 million purchase of the John Adams building from its previous owner, BlackRock Realty Advisors, the real estate arm of the investment management giant. Read more

Nelson Management has acquired a 112,596-square-foot building. The property owner and manager closed in late June on the $26.5 million purchase of the John Adams building from its previous owner, BlackRock Realty Advisors, the real estate arm of the investment management giant. Read more

Burdened with a 90-minute commute from Newark, a teacher scours Harlem and the Bronx for a place with outdoor space — and a shorter trip to work. Read more

After teaming up with L+M Development Partners to acquire 275 South Street in 2015, Nelson Management Group President Robert Nelson knew that the hulking 19-story, 256-unit apartment building would need a makeover for its next act as a 21st century, mixed-income rental property. Read more

The 33-story Promenade Tower Nelson Apartments just completed a two-year renovation. The transformation of a former Mitchell Lama building in northern Manhattan is complete, and the host of new amenities the developers had promised two years ago, can be seen in completed photos of the building, now renamed the Promenade Tower Nelson Apartments. Read more

On parking lots, rubbly plots and the occasional community garden, the Bronx seems awash in new apartments. Read more