Government National Mortgage Association financed the sale of a more than 1,100-unit apartment complex on New York's Staten Island, which has long been the subject of complaints by its residents.
Staten Island's 1,100-unit Park Hill changes hands, set for rehab after resident complaints
New York City complex lands more than $543 million of financing
CoStar News
January 2, 2026 | 9:52 P.M.
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IN THIS ARTICLE
- Properties
- Park Hill I Apartments
140 Park Hill Ave, Staten Island, NY
- Park Hill II Apartments
240 Park Hill Ave, Staten Island, NY
- St George Plaza
185 Park Hill Ave, Staten Island, NY
- Companies
- L+M Development Partners, Inc.
Construction
- Delshah Capital LLC
Real Estate
- Contacts
- Michael Shah
Principal/CEO, Delshah Capital LLC