Brooklyn
My Gym to Open Third Location in BK
My Gym has signed a third location in Brooklyn, located at City Point, 445 Albee Square. The 4,800 square-foot space… Read more
Brooklyn Fare Kitchen & Market Opens on LES
Brooklyn Fare Kitchen & Market has opened at One Manhattan Square, Extell’s 800-foot residential tower on the Lower East Side… Read more
Floor & Decor Leases 129K SF to Open First NYC Location
Madison Capital and Salmar Properties have secured a new tenant to fill the space vacated by Bed Bath & Beyond… Read more
G4 Capital Partners Provides $117M for BK Resi Project
Yitzchok Schwartz, a Brooklyn landlord, has secured $117 million in financing through Franklin Place II LLC to acquire and develop… Read more
Carlyle Group Acquires Four Self-Storage Properties for $110M
Private equity firm The Carlyle Group has expanded its real estate portfolio with the acquisition of four self-storage facilities in the outer… Read more
M&M Brokers $9M Sale of BK Bank of America Property
Marcus & Millichap has closed the sale of a 6,250-square-foot Bank of America property in Brooklyn’s Clinton Hill neighborhood for… Read more
Using Lease Guarantees to Mitigate Multifamily Developers’ Risks
TheGuarantors is a leading provider of risk mitigation solutions for multifamily owners and operators. Its product suite—lease guarantees, security deposit… Read more
Bungalow Projects, Bain Capital RE Buy BK Property for $34M
Bungalow Projects and Bain Capital Real Estate have acquired 145 Wolcott Street in Brooklyn’s Red Hook neighborhood for $34 million,… Read more
Hair Care Company Beachwaver Inks Space at Domino Sugar Refinery
Hair care company Beachwaver has signed a seven-year lease for 5,100 square feet at The Refinery at Domino in Williamsburg,… Read more
Skanska to Develop Offshore Wind Port at SBMT
Skanska has secured an $861 million contract to transform the South Brooklyn Marine Terminal (SBMT) into an offshore wind port.… Read more
NYC MF Sales Totals $1.44B in Q1, 23% Increase YoY
New York City’s multifamily real estate market experienced a strong start in the first quarter of 2024, recording $1.44 billion… Read more
WeWork to Shrink Dumbo Space at Kushner, RFR Building
WeWork has finalized an agreement with Kushner Companies and RFR to maintain three floors at 77 Sands St. in Dumbo… Read more
JLL Arranges $27M Refi of BK Resi Portfolio
JLL Capital Markets has arranged $27.7 million in financing to recapitalize a mixed-use residential and retail property portfolio in Brooklyn.… Read more
SCALE Issues $150M Loan to Bronx Resi Project
SCALE Lending, Slate Property Group’s lending arm, has provided a $150 million construction loan for Beitel Group’s 450-unit multifamily project… Read more
Goose Buys BK Development Site for $40M
JLL has finalized the $40 million sale of 268 Bergen St., a 238,000-square-foot development site in Brooklyn’s Boerum Hill, blocks… Read more
M&T RCC Closes $415M Freddie Mac Loan for BK MF Complex
M&T Realty Capital Corporation has closed a $414.83 million Freddie Mac conventional loan for Brooklyn Crossing, a multifamily housing complex… Read more
A&E Real Estate Unveils New Mortgage Lending Arm
A&E Real Estate has launched A&E Real Estate Finance (AEREF), a debt financing platform led by industry veteran Joseph E.… Read more
WeWork Amends Leases to Emerge from Bankruptcy
WeWork Inc. expects to exit Chapter 11 bankruptcy by late spring, with plans to finalize arrangements for 90% of its… Read more