New York Group Buys Luxury Apartment Community in Harvey

HARVEY, La. — Alabama-based commercial real estate company Colliers has announced the sale of The Waters at Manhattan, a Class A multifamily community in Harvey. The purchaser is Jason Wisotsky’s New York-based Four Corners Development Group.

The 360-unit property was constructed in 2022 by Stoa Group, a construction company headquartered in Hammond, La. 

“This monumental sale not only marks a significant milestone in the real estate landscape, but also represents the largest private investment ever recorded in the history of Jefferson Parish,” said Albert Elmore, multifamily director at Colliers, in a press release. “The acquisition underscores the immense potential and growing demand for upscale residential offerings in the region.”

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Colliers’ Louisiana multifamily team, led by Elmore, represented the buyer and seller in the transaction.

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