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Avalonbay Communities

275 Seventh Avenue #2501
New York, NY 10001
(212) 488-1420
Website
Avalonbay Communities
Avalonbay Communities, Inc., founded in 1978, is a New York Stock Exchange-listed real estate investment trust (REIT) based in Arlington, Virginia. The company, which uses the ticker symbol AVB, develops, owns, and manages rental apartment building complexes in 18 American cities. Avalonbay is a component of the Standard & Poor's 500 index and has a market capitalization of about $25 billion, as of October 2015. Its portfolio includes the Avalon Willoughby Square project in Downtown Brooklyn, Avalon Midtown West at 250 West 50th Street, and Avalon Morningside Park. In 2015, Avalonbay said it planned to demolish the existing building at 1865 Broadway at Columbus Circle, which it acquired for $300 million, and build an apartment tower on the site. –MK
1501 Voorhies Avenue thumb
01/13/16
Sheepshead Bay residents – along with the rest of us – can now get a good idea of what their neighborhood’s future tallest building will...
Rick Chandler and 357 West 54th Street
01/11/16
UPDATED: 4:00 p.m. Jan 12: Landlords beware. Not only can a tenant’s illegal Airbnb sublet draw fines from the city, it can lead to your...
stocks feat
01/04/16
The city’s major publicly-listed real estate firms were not exempt from today’s stock market hangover — the worst post-New Year’s Day performance by the U.S....
top dev sites collage thumb
12/30/15
  Dreams of Manhattan condominiums dominated 2015’s top 10 development site deals. While Gary Barnett’s Extell Development – which is known for this sort of...
Linda Rosenthal Brian Chesky thumb
12/23/15
New York state legislators introduced a bill to ban the advertisement of Airbnb listings that violate short-term rental laws, and the company is fighting back....
Zell Airbnb
12/15/15
In a testament to the fact that if you can’t beat them, you should join them, three of the nation’s largest residential landlords have held...
November-DOB-Feature
12/07/15
New building permit filings tumbled in November, with only 1,843 apartment units applied for across the city, according to a new analysis by The Real...
1865 Broadway ft
11/30/15
AvalonBay Communities filed plans Monday for its new 33-story, mixed-use residential tower at the site of the former American Bible Society headquarters in Lincoln Square....
Dennis-Wong-DermotFB
11/06/15
Dennis Wong, a real estate investor and part-owner of the Golden State Warriors, is one of the unnamed partners who bought a stake in the Dermot Company...
feature Dermot
11/05/15
The Dermot Company is in contract to buy a Kips Bay apartment building from AvalonBay Communities for $175 million, part of its effort to transition into the...
Tim Naughton
10/29/15
AvalonBay Communities is “very cautious” on the New York City residential market due to concerns over housing supply and both “land pricing and construction costs,”...
1865 feature
10/22/15
After roughly 50 years of housing holy tenants, the American Bible Society’s Columbus Circle headquarters will soon be demolished to make way for new apartments....
Forest City Realty Trust
10/20/15
Forest City Enterprises received approval from shareholders Tuesday for the company’s planned conversion into a real estate investment trust, with the Cleveland-based firm set to...
Goldman REITs ft
10/09/15
It’s been an up-and-down year for the city’s major real estate investment trusts, as far as stock performance and shareholder returns are concerned: a wildly...
steveroththumb
08/24/15
Economic uncertainty has led several investment banks to downgrade their forecasts on real estate investment trusts. But not Credit Suisse, which last week upgraded Vornado...
featured image
07/30/15
After a successful first quarter that saw positive shareholder returns and price performance virtually across the board, major New York-focused real estate investment trusts gave...
Owen Thomas
04/22/15
The major New York-focused real estate investment trusts had a largely successful first quarter in 2015, with most outperforming both the MSCI US REIT Index...
SofiaSongFbox
03/13/15
Sofia Song, Compass’ head of research and external affairs and one of the brokerage’s most high-profile hires after it launched in 2013, is no longer...
ABSthumb
02/02/15
The American Bible Society sold its headquarters at 1865 Broadway for $300 million to real estate investment trust AvalonBay Communities. The Bible Society, an organization that...
tatiana-bond-fb
06/16/14
Equity Residential tapped an alumna of the Related Companies and the Richman Group to oversee property management for the Chicago-based real estate investment trust’s New...
avalon
05/28/14
Ashkenazy Acquisition is in contract to pay $400 million for Avalon Chrystie Place, a Lower East Side complex with 361 rental units and the 72,300...
From left: renderings of 88 Whilloughby Street and 333 Schermerhorn Street, Brooklyn
02/18/14
Studios are hot in Fort Greene, with average prices jumping more than 5 percent in the last month to $2,450, according to new figures from...
From left: Laura Kosik and Christopher Schmidt
12/09/13
UPDATED: 2:27 P.M., Dec. 10: Mega developer the Related Companies has expanded its luxury leasing team in Manhattan with the addition of two vice presidents,...
St_John_the_Divine_NYC1md
10/04/13
The Cathedral Church of Saint John the Divine, having finally landed the Brodsky Organization as a developer, is forging ahead with plans to build hundreds...
blackstone-ge
08/13/13
Blackstone Group is diving back into the multifamily market after agreeing to buy 80 apartment buildings from an arm of General Electric for $2.7 billion,...
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AvalonBay Communities, Chief Executive Officer
671 N Glebe Road, Arlington, VA, (703) 329-6300
Timothy J. Naughton, who goes by Tim, is a real estate industry executive....

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top dev sites collage thumb
12/30/15
  Dreams of Manhattan condominiums dominated 2015’s top 10 development site deals. While Gary Barnett’s Extell Development – which is known for this sort of...
November-DOB-Feature
12/07/15
New building permit filings tumbled in November, with only 1,843 apartment units applied for across the city, according to a new analysis by The Real...
038 Brooklyn's top developers se FINAL.indd
All the talk about a second wave of condo development in Brooklyn is finally coming to fruition. On the heels of a rental boom, the...
rentals fb
After the 2008 financial crisis, rattled New Yorkers pulled back on home-buying and started writing rent checks in force, while developers leased out condo units...

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