Lynbrook

Lynbrook, NY · Real Estate
caribbeanlife.com
NJ.com
american-rails.com
Herald Community Newspapers
hoodline.com
SciFiSland
brownstoner.com
Secret NYC
brownstoner.com
East Williamsburg Affordable Housing Lottery Has $751 Apartments
An affordable housing lottery has opened for apartments in a 100 percent affordable building at the Greenpoint Hospital site in East Williamsburg, with apartments starting at $751 a month. The 18-story, 311-unit development is one of two new buildings included in the Kingsland Commons adaptive reuse project at the former hospital campus.
thelocalgirl.com
greenlodgingnews.com
Host Hotels & Resorts Acquires 1 Hotel Brooklyn Bridge & Renaissance Dallas at Plano Legacy West
BETHESDA, MD.—Host Hotels & Resorts, Inc., the nation’s largest lodging real estate investment trust, announced that it has acquired the leasehold interest in the 195-room 1 Hotel Brooklyn Bridge (the “1 Hotel”) for $202 million in cash. The property has 83 years remaining on the ground lease with a government nonprofit lessor. The 1 Hotel acquisition price represents a 10.2x EBITDA multiple or a cap rate of approximately 8.2 percent on the property’s 2026 estimated results. The company has also acquired the fee simple interest in the 308-room Renaissance Dallas at Plano Legacy West Hotel (the “Renaissance Plano”) for approximately $172 million in cash. The Renaissance Plano acquisition price represents an 11.2x EBITDA multiple or a cap rate of approximately 7.9 percent on the property’s 2026 estimated results.