Brooklyn
Eastern Union Arranges Refi on Flatbush Mixed-Use
Commercial mortgage brokerage Eastern Union arranged the $24-million refinancing of a construction loan in support of a 57-unit, mixed-use building in Brooklyn’s Flatbush neighborhood.… Read more
Marcus & Millichap Closes Sale of Carroll Gardens Mixed-Use
Marcus & Millichap closed the sale of two mixed-use buildings totaling 8,800 square feet in Brooklyn. The property sold for… Read more
Terreno Nabs Red Hook Warehouse for $156M
Terreno Realty Corporation, an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, has acquired… Read more
Lendlease Unveils Branding for Greenpoint Waterfront Residential
Lendlease and joint venture partner Aware Super unveiled the name and new renderings for The Riverie, an 834-unit multifamily development at… Read more
Lincoln Market Will Open Ninth Location at Silverstein’s River Place
Lincoln Market recently signed a 20-year lease for a 35,809-square-foot-store at River Place, 660 W 42nd St. The store is among the largest… Read more
Williamsburg Condo Site Trades for $48M, Lands $85M Construction Loan
L3 Capital has sold 133 Kent Ave., a fully approved development site located on the northeast corner of Kent Avenue… Read more
Brax Realty Arranges Deal for Long Island City Parcel
Brax Realty arranged the sale of a prime development site in Long Island City for $8,400,000, or $350 per buildable square… Read more
Walker & Dunlop Arranges $148M Refi for Steiner at Brooklyn Navy Yard
Walker & Dunlop, Inc. arranged $148.5 million in loan proceeds to refinance Admirals Row, a 696,000-square-foot, eight-acre mixed-use property developed by Steiner… Read more
Ariel Arranges Multiple Construction and Refinancing Loans
The Capital Services Group for Ariel Property Advisors recently arranged construction, refinancing and acquisition loans totaling over $17 million for… Read more
Rubenstein Law Relocates Brooklyn Office to 1 Willoughby Square
JEMB Realty has signed a long-term, 5,000-square-foot lease with Miami-based personal injury firm Rubenstein Law at 1 Willoughby Square (1WSQ). The… Read more
Greystone Arranges $32M CMBS Refi on Brooklyn Multifamily
Greystone has provided a $32,000,000 CMBS loan to refinance a 90-unit affordable housing property in Brooklyn. The financing was originated… Read more
Canvas, Tokyu Acquire Brooklyn Multifamily in Second $100M-Plus Deal in a Month
Canvas Investment Partners and Tokyu Land US have closed on the $112.8-million acquisition of 436 Albee Square, a 150-unit multifamily property located… Read more
Cresa Arranges 10-Year Renewal for Nonprofit HOPE Program
Cresa senior advisors Waite Buckley and Michael Herz arranged a 10-year renewal lease for 7,500 square feet at 1 Smith… Read more
A New Use for Unused Buildings: Self Storage Facilities
Pictured: 555 Bay Area Blvd., Houston. Originally an office building, the facility was converted to self storage in 2018. Photo… Read more
Agreement Between Continuum, Brooklyn Botanic Garden Ends Six-Year Dispute
Brooklyn Botanic Garden (BBG), New York City Council Member Crystal Hudson and Ian Bruce Eichner’s Continuum Company have reached an… Read more
Rising Ground Establishes New Multi-Program Brooklyn Hub
Human services organization Rising Ground Inc. has signed a 15-year lease for 27,147 square feet at 111 Livingston St. in Brooklyn. … Read more
Acadia REIT Buys More Williamsburg Retail
Two weeks after acquiring a portfolio in Brooklyn’s Williamsburg section, Acadia Realty Trust has come back to the neighborhood. The… Read more
MTA Issues RFP to Advance $5.5B Interborough Express Project
The Metropolitan Transportation Authority (MTA) has released a request for proposals to begin the preliminary engineering phase of the 14-mile Interborough… Read more
