Brooklyn
Meridian Duo Closes on Sale of Former Bank Building in Flatbush
Meridian’s Shallini Mehra and Amit Doshi closed on the sale of 2848 Church Ave., a two-story, former bank building located… Read more
Clothing Retailer Primark Coming to Macerich’s Queens Center
Retail owner, operator and developer Macerich said Tuesday that clothing retailer Primark is coming to Queens Center in the Elmhurst section of… Read more
Downtown Brooklyn Sees Spate of New Restaurant Openings
A recent flurry of restaurant openings is the latest sign of Downtown Brooklyn’s strong recovery, the New York Business Journal… Read more
Brooklyn Investment Sales Top $10 Billion for the First Time
Brooklyn saw a 28% year-over-year increase investment sales to just over $10 billion in 2022, representing the first time ever… Read more
NYC Push for More Lab Space Will Spur Development Opportunities, Says Joseph Simone
New York City’s aggressive push to build 10 million square feet of new life sciences laboratories will create new development… Read more
Tacombi’s Vista Hermosa Leases Distribution Space at Brooklyn’s The Whale
Newmark has secured a new 30,000-square-foot lease of production and distribution space for Vista Hermosa, a curated food concept from… Read more
Broadbend Carrier Chooses DataVerge Facility in Industry City
DataVerge, owner and operator of the only carrier-neutral interconnection facility in Brooklyn, said Wednesday that Flume Internet has chosen its… Read more
Park Slope Development Site Changes Hands for North of $6M
Cushman & Wakefield arranged the sale of a 13,520-square-foot development site with approved plans for a 20,504-square-foot mixed-use property located… Read more
Former NYC Councilman Cornegy Joins Push for Coney Island Casino
Brooklyn native, former New York City Councilman and former Doe Fund EVP Robert Cornegy is joining the Coney Island venue… Read more
Samson Stages Expanding in Brooklyn with Multi-Level Red Hook Facility
Samson Stages will expand its local movie and TV operations by creating a 330,000 square foot building with new studios… Read more
Canyon Partners JV to Develop Multifamily in Gowanus
Canyon Partners Real Estate LLC, Tavros Holdings and Charney Companies formed a joint venture to develop 585 Union St. The 224-unit multifamily… Read more
Ariel Completes Multiple Sales Across Brooklyn, Manhattan
Ariel Property Advisors has arranged the sales of five properties in Brooklyn and Manhattan totaling $13.5 million. The transactions include… Read more
Adelaide Polsinelli Brings Flatbush Mixed-Use Portfolio to Market
Adelaide Polsinelli, vice chairman of Compass, has been exclusively retained to market for sale a portfolio of multifamily and retail… Read more
Avanath Acquires Apartment Tower at Brooklyn’s City Point MXU
Los Angeles-based Avanath Capital Management, LLC, a private real estate investment management firm, has acquired 7 DeKalb, a 251-unit multifamily… Read more
New York City Industrial Sector Finishes 2022 Strong
The New York City industrial market is in good health as leasing activity gained momentum in fourth-quarter 2022, reported CBRE.… Read more
Alloy Development Tops Out on Electrified Brooklyn Tower
Alloy Development has topped out construction of 100 Flatbush, the city’s first all-electric skyscraper. The 44-story tower in Downtown Brooklyn… Read more
Rockefeller Group Developing Greenpoint Rentals, Its First in NYC
Rockefeller Group is developing 16 DuPont, located along the Greenpoint waterfront in Brooklyn. The 41-story ground-up residential tower is the… Read more
JRM Construction Completes St. Francis College Buildout for Tishman Speyer in Brooklyn
JRM Construction Management has completed the new St. Francis College campus, spanning the lobby and floors 5 through 7 of… Read more
JEMB Realty Adds Two Tenants at Brooklyn’s 1 Willoughby Square
JEMB Realty Corporation, a family-run real estate development, investment and management firm based in New York City, has secured two… Read more