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.
In The Media
Op-ed: Mamdani should scale affordable housing services to help the homeless
No single policy will solve New York City’s homelessness crisis on its own, but a little-known program with tremendous potential offers one of the most
February 24, 2026
