Camber Property Group shelled out $72M for a newly built vacant multifamily building at 2886 Atlantic Ave., Commercial Observer reported. The Jay Group sold the 183-unit Cyprus Hills property, which was completed in 2023. The property will be an affordable housing site run in partnership with the New York City Department of Social Services and nonprofit the Institute for Community Living. Rosewood Realty Group’s Aaron Jungreis, Ben Khakshoor and Alex Fuchs repped both sides of the deal along with Latitude Property Group’s Scott Dweck.

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Successful mental health pilot at risk as city stalls release of promised funds
Irma Garcia-Vargas, who lives with bipolar disorder and schizophrenia, struggled to find stable housing and treatment years after she moved to New York. Garcia-Vargas, who

