Brooklyn
Lendlease JV Tops Out NY State’s Largest Residential Geothermal Building
Lendlease and joint venture partner Aware Super, one of Australia’s largest superannuation funds, topped out construction of 1 Java Street’s two towers,… Read more
NAIOP NYC, AAREA Team Up for Sept. 18 Networking Event
NAIOP NYC and the New York chapter of AAREA are teaming up for a networking event Sept. 18 at Yankee… Read more
Related May Step in to Complete Downtown Brooklyn Mega-Project
A rescue plan is in the works for the often-delayed, half-completed Pacific Park mega-project in Downtown Brooklyn, reported the Wall… Read more
JV Closes on $210M Refi for Transitional and Affordable Housing
A joint venture of Slate Property Group and Fundamental Advisors has closed on a $210-million refinancing for the JV’s Transitional and… Read more
Under-Construction Mixed-Use Changes Hands in Sunset Park
Brown Harris Stevens agent Peter Grazioli arranged the sale of 816 58th St., a mixed-use property located in Brooklyn’s Sunset Park neighborhood,… Read more
Turnbridge, Dune Bring Newly Built Canarsie Warehouse to Full Occupancy
Turnbridge Equities and affiliates of Dune Real Estate Partners secured a 60,000-square-foot lease with Otto Environmental Systems at their newly… Read more
Derby Copeland Provides $128M to Acquire East Village Portfolio
Derby Copeland Capital (DCC), a vertically integrated New York City-based real estate investment platform specializing in opportunistic real estate related… Read more
TF Cornerstone Snaps Up Pair of Greenpoint Development Sites
TF Cornerstone has acquired two parcels on the Greenpoint, Brooklyn waterfront, according to published reports. The developer, which has built… Read more
NYC Office Market Values Surpass Pre-Pandemic Levels
Market values for New York City office buildings reached nearly $205 billion in fiscal year (FY) 2025, surpassing pre-pandemic levels,… Read more
Pura Vida Miami Coming to Brooklyn for Second NYC Location
Rubenstein Partners’ 25 Kent, a mixed-use office, retail, and light manufacturing building located in Williamsburg, Brooklyn, signed a 10-year, 4,089-square-foot lease with Pura Vida Miami, a… Read more
JLL Arranges $173M Bridge Loan for South Williamsburg Mixed-Use
JLL Capital Markets arranged $173 million in bridge financing for Lorimer House, a 270-unit, mixed-use development at 28 Boerum St.… Read more
Arctaris Impact Investors Puts $27M Equity into Gowanus MXU
Arctaris Impact Investors, LLC, a Boston-based impact investment firm, made a $27-million equity investment in 310 and 340 Nevins St.,… Read more
NYC Multifamily Sales Post 108% Quarterly Rise in Dollar Volume
New York City saw robust activity in the multifamily market in the second quarter of 2024 with dollar volume exceeding… Read more
ESRT Adding More Williamsburg Retail for $195M
Empire State Realty Trust (ESRT) said it had agreed to acquire two retail portfolios along North 6th Street in Brooklyn’s… Read more
Net-Leased Williamsburg Industrial Lands $12M Refi
Loan originator David Brody with Eastern Union arranged $12 million toward the refinancing of a one-story, 35,210-square-foot industrial building in the Williamsburg… Read more
Stop & Shop Slates 32 Underperforming Stores for Closure
Quincy, MA-based Stop & Shop, a unit of Ahold Delhaize USA, said Friday it would close 32 unperforming locations across… Read more