Two Savoy Park tenants contracted Legionnaires’ disease
Two cases of Legionnaires’ disease have been identified in the last 10 months at Fairstead Capital’s recently-acquired Savoy Park...
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Fairstead closes on $315M purchase of Savoy Park
UPDATED, 4:46 p.m., July 11: Fairstead Capital closed on the $315 million purchase of the 1,790-unit rent-stabilized apartment complex...
Fairstead in contract to buy 1,800-unit Savoy Park in Harlem
Fairstead Capital is in contract to buy the 1,790-unit rent-stabilized apartment complex Savoy Park in Harlem from an investor...
Affordable developer banking on huge rent hikes in Harlem — despite rent-regulated status
UPDATED, 10:30 p.m., DEC 2 One of the city’s top affordable housing developers is seeking partners to share in a giant revenue bump it...
Owners of Savoy Park, Lafayette Boynton complexes seeking partners
L+M Development Partners is seeking investment partners for two large multifamily complexes — Savoy Park in Harlem and Lafayette...
Savoy Park tenants refunded $250K for overcharges
The owners of Harlem’s 1,800-unit Savoy Park apartment complex refunded about $250,000 to tenants just weeks after the group...
Savoy Park tenants sue owners for allegedly overcharging on rent
A group of tenants at the Savoy Park apartment complex in Harlem have filed suit in Manhattan Supreme Court...
L&M Development fund takes Savoy Park off Vantage, Area’s hands
Vantage Properties and Area Property Partners have unloaded the Savoy Park apartment complex in Harlem for more than $210...
Value of Harlem residential complex plummets
The Savoy Park Group has hit a new hurdle in its effort to transform a rent-regulated apartment complex into...
Area and Vantage’s Harlem loan may default, Moody’s says
45 West 139th Street A $210 million loan secured by an 1,802-unit apartment complex in Harlem owned by Vantage...