Brooklyn
Barberry Rose Sells Three BK Buildings for $5M
Barberry Rose has sold three contiguous four-story buildings on Eastern Parkway in Crown Heights, totaling 49 units, to Gilman Management… Read more
Industry City Adds Four New Leases
Industry City in Sunset Park, Brooklyn, announces four new leases totaling 15,282 square feet: Kinolime secured a 5,389-square-foot office in… Read more
Four Williamsburg Mixed-Use Buildings Sold for $11M
Mendel Gold has acquired four three-story walk-up buildings in Williamsburg, Brooklyn, from a private family for $10.75 million. Sold collectively… Read more
Bayport Funding Provides $6M for Brooklyn Property
Bayport Funding has provided a $6.3 million bridge loan for a 16-unit multifamily structure situated in Bedford-Stuyvesant, Brooklyn. Nestled… Read more
WeWork to Dump 35 NYC Office Leases After Bankruptcy Filing
WeWork has filed for Chapter 11 bankruptcy protection, a significant downturn for the office-sharing company that once enjoyed Wall Street’s… Read more
Art Exhibition at BK Affordable Housing Development
ArtBridge, Slate Property Group, and RiseBoro Community Partnership have unveiled “Brownsville Reflections: Past, Present, Future,” a public art exhibition featuring… Read more
Greenpoint Sale Typifies Industrial-to-Retail Conversion Trend
RIPCO Real Estate recently handled the sale of 12 Franklin St. in Greenpoint, Brooklyn for $23 million. The seller was Simon Baron Development. The buyer,… Read more
Return to Lender: Week of Oct. 19, 2023
Hear from the leaders in loan advisory and special servicing during a panel on distressed assets at Connect Investment & Finance… Read more
Red Hook Commercial Property Sold for $30M
San Francisco-based Terreno Realty Corporation has acquired 185 Van Dyke St., a multi-tenant, two-story commercial property located on the Red… Read more
DCC Refis SoHo, Williamsburg Properties for $13M
Derby Copeland Capital (DCC), a New York City-based real estate investment platform, recently closed two loans totaling $12.5 million to… Read more
Doe Fund Breaks Ground on BK 200-Bed Transitional Housing
The Doe Fund, a homeless services organization, broke ground on a 200-bed transitional housing residence at 510 Gates Avenue in… Read more
Gowanus’ First Ground-Up Office Building Launches Leasing
Monadnock Development has launched leasing for 300 Huntington, a mixed-use commercial development in Gowanus/Carroll Gardens, Brooklyn. The six-story, 136,000-square-foot… Read more
Slate Property Tops Out Williamsburg MF Building
Slate Property Group, in partnership with Avenue Realty Capital and SD Builders and Construction LLC, has topped out 159 Boerum… Read more
Canarsie Retail Center in BK Sold for $12M
Marcus & Millichap announced the sale of a retail center in Brooklyn for $11.7 million. The 26,260-square-foot, two-story retail… Read more
Avery Hall’s JV Lands $73M for Gowanus MF Development
Brooklyn developer Avery Hall and its joint venture partners, Declaration Partners and Bridge Investment Group have secured $72.5 million in… Read more
New Yorkers Sign Fewer New Development Contracts in Q3
In Manhattan, 241 new development contracts were signed in Q3 2023, down 40 percent from Q2 2023 and down 30… Read more
Ariel Property Arranges $20M BK Properties Financing
The Capital Services Group for Ariel Property Advisors facilitated five loans totaling over $20 million to fund the construction, acquisition,… Read more
The Doe Fund to Build Transitional Housing Residence in Brooklyn
The Doe Fund is breaking ground on a new transitional housing residence at 510 Gates Avenue in Brooklyn. Situated next… Read more
Brooklyn Kings Plaza Continues Transformation
Macerich is celebrating the success of its revitalized former Sears space at Kings Plaza, Brooklyn’s only enclosed mall. The newly… Read more