Brooklyn
North Jersey Emerges as Northeast’s Most Competitive Rental Market
Manhattan has rejoined the top competitive markets for the first time since the pandemic, while Brooklyn continues to have a… Read more
Brooklyn Condo Lands $26M
Meridian Capital Group has facilitated a $25.75 million financing deal for the construction of a condominium property in Brooklyn, NY,… Read more
Gowanus Industrial Warehouses Sold for $7M
Marcus & Millichap has closed the sale of 557-567 3rd Ave in Gowanus, Brooklyn, for $7.35 million. The names of… Read more
JAG Management Buys Bensonhurst Chase Bank For $11M
JAG Management has purchased an 8,000-square-foot Chase Bank located in Bensonhurst, Brooklyn. The property was acquired for $10.2 million from… Read more
Plan Unveiled for Adding 4K Affordable Homes to Brooklyn
New York City Mayor Eric Adams and the Department of City Planning have released a draft zoning framework for the… Read more
NYCEDC Launches Climate Innovation Pilot Program in Brooklyn
The New York City Economic Development Corporation has launched a climate innovation pilot program at the Brooklyn Army Terminal (BAT)… Read more
BK Affordable Housing Portfolio Lands $36M Refi
Grower Housing Development Fund Corporation has provided a $35.6 million loan to refinance a Section 8 affordable apartment portfolio in… Read more
New York is America’s #1 Builder in 2023
2023 is expected to be a record-breaking year for NY construction, with developers planning to introduce 460,860 rental units by… Read more
Big Apple Still Leads Coworking Scene
Manhattan remains at the forefront of the coworking scene, boasting 305 coworking spaces, indicating a 5% growth in Q2. According… Read more
66-Unit Bay Ridge Apartments Sold for $14M
A 66-unit apartment property in Brooklyn was sold for $13.5 million. The name of the buyer and seller were not… Read more
Wellness Concept Brand Inks New Lease With 25 Kent in Williamsburg
Rubenstein Partners’ 25 Kent, a mixed-use building in Williamsburg, Brooklyn, has signed a 10-year, 6,168-square-foot lease with Othership, a wellness… Read more
Brooklyn Nonprofit Lands $83M Contract to Offer Housing for New Yorkers with HIV/AIDS
The St. Nicks Alliance Corp., a nonprofit based in Brooklyn, has secured an $83.2 million contract from the city’s Department… Read more
Brooklyn Residential Building Olympia Dumbo Over 50% Sold
Fortis Property Group has announced that Olympia Dumbo, a luxury residential building in Brooklyn, is now over 50% sold. … Read more
Bayport Funding Provides $3M for Brooklyn Single-Family Conversion
Bayport Funding has provided a $3.35 million acquisition and construction loan for the conversion of a multifamily brownstone into a… Read more
Carmel Partners Lands $233M for 569-Unit Brooklyn Development
San Francisco-based real estate developer Carmel Partners has secured a $233 million construction financing for 54 Crown, a 569-unit multi-housing… Read more
JV Lands $184M for Second Brooklyn MF Development
Canyon Partners Real Estate LLC, Tavros, and Charney Companies have formed a joint venture for the development of a 260-unit… Read more
Digital Marketing Agency Signs New Lease at 1WSQ in Brooklyn
Big Spaceship has signed a lease at 1 Willoughby Square (1WSQ) in Downtown Brooklyn. The digital marketing agency will occupy… Read more
Thomas Park Investments Buys 125K-SF Southboro Medical Office Facility
Thomas Park Investments, a real estate healthcare investment firm, has acquired a multi-tenant outpatient medical office facility spanning 125,000 square… Read more
New Orchard Workspace by JLL Opens in National Landing
JLL has announced the opening of Orchard Workspace by JLL, a flexible office and coworking space spanning 39,000 square feet… Read more