Brooklyn
YS Developers Acquires Clinton Hill Development Site for $121M
JLL Capital Markets arranged the $121.4-million sale of 47 Hall St., a full-block, 2.6-acre mixed-use development site in Clinton Hill,… Read more
Zenith IOS Lands Strategic Investment from J.P. Morgan Asset Management
Zenith IOS, a Brooklyn-based national owner-operator of industrial outdoor storage properties, has received a strategic investment in its operating platform… Read more
Contiguous Crown Heights Parcels Trade to Development Team
JLL Capital Markets arranged the $25.15-million sale of two residential development sites located at 1029 Dean St. and 1104 Pacific… Read more
Development Site Sale Sets Carroll Gardens Pricing Record
Marcus & Millichap closed the sale of 101-103 Luquer St., a development site in Brooklyn’s Carroll Gardens neighborhood, for $5,250,000. Jesse… Read more
Mamdani Proposes Redesign of Brooklyn’s Grand Army Plaza
The Mamdani administration on Monday announced a proposal to redesign Brooklyn’s Grand Army Plaza with a view toward creating a… Read more
ESRT Adds to Williamsburg Retail Portfolio with $46M Deal
Empire State Realty Trust, Inc. acquired a newly constructed, prime retail asset located at 41-55 N. 6th St. in Williamsburg… Read more
S3 Provides Construction Loan for Crown Heights Multifamily
Arrow Real Estate Advisors arranged an $8,800,000 construction loan from S3 for the development of a new multifamily property located… Read more
CVS to Open Five Pharmacy-Only Locations in Chicago
CVS Health opened a pharmacy-only store at 2628 W. Pershing Rd. in Chicago. “Our new, pharmacy-only locations allow our pharmacy… Read more
Delshah Signals Return to Active Growth with Williamsburg Deal
Delshah Capital has expanded its Williamsburg footprint, acquiring 34 Berry St., a 142-unit, market-rate multifamily property, from LCOR in a… Read more
Teapulse Signs Plaza District Lease for Eighth Location
Manhattan Skyline Management Corp. secured a new long-term retail lease with tea and pastry shop Teapulse at 1375B Sixth Ave. in Midtown… Read more
Avison Young Arranges Sub-Leasehold Mortgage for Navy Yard’s Green Manufacturing Center
Avison Young secured a $30-million sub-leasehold mortgage loan on behalf of an entity controlled by the Brooklyn Navy Yard Development… Read more
RIPCO Retained to Lease Community Facility Space at Flatbush MXU
RIPCO Real Estate has been retained to oversee leasing at 329 Clarkson, the community facility component of Clarkson Estates, a… Read more
Northgate Closes Bankruptcy Sale at 54% Premium Over Opening Bid
Northgate Real Estate Group closed on a seven-building Brooklyn multifamily portfolio for $18.6 million, a 54% premium over the $12.1-million… Read more
Affinius Lends $300M to Refinance Downtown Brooklyn Apartments
Affinius Capital LLC closed on a $300-million loan to refinance 102 Fleet, a Class A, 495-unit, 30-story multifamily project with 3,700… Read more
MTA Issues RFP for 300-Unit Crown Heights Development Site
The Metropolitan Transportation Authority (MTA) has issued a request for proposals to transform an underutilized MTA-owned lot into a residential… Read more
Development Firm BFC Leases Full Floor at RFR’s 17 State St.
RFR said Monday real estate development firm BFC Partners has signed a 10-year, 13,758-square-foot full-floor lease at 17 State St.… Read more
Gowanus Refi Scores a First with Freddie Mac’s New Lease Up Program
JLL Capital Markets arranged a $136-million financing for 655 Union, a newly delivered 193-unit trophy multifamily property located in the… Read more
Two-Tower Gowanus Multifamily Complex Refinanced for $370M
JLL’s Capital Markets arranged a $370-million refinancing for Society Brooklyn, a 517-unit, two-tower residential development positioned along the Gowanus Canal in Brooklyn’s Gowanus neighborhood. Senior… Read more