Brooklyn
Brooklyn Brewery Will Anchor New Industrial Development in Williamsburg
Brooklyn Brewery plans to remain in Williamsburg, relocating four blocks away from the company’s current location on North 11th Street… Read more
Walker & Dunlop Secures $204M for Brooklyn’s The Axel Multifamily
Walker & Dunlop, Inc. has secured $204 million in loan proceeds from MF1 Capital to refinance The Axel, a 29-story… Read more
Naftali Partnership Closes on $385M Financing for Three-Building Brooklyn Project
(Updated with additional information) Naftali Group and Access Industries have closed on a $385-million construction financing package for a Williamsburg… Read more
Merit Hill, Wells Fargo Renew at Brooklyn’s Pioneer Building
Cushman & Wakefield arranged a lease renewal and a lease expansion totaling 17,416 square feet at the Pioneer Building, 41 Flatbush Ave.… Read more
RIPCO Markets Hotel Opportunity in DoBro
RIPCO Real Estate has been selected to handle the sale of 291 Livingston St., an investment property in Brooklyn, with… Read more
TerraCRG Lists Central Brooklyn Development Parcel
TerraCRG has been retained to sell 17-19 Lamont Ct., a residential development with fully approved plans at the intersection of Lefferts Gardens,… Read more
Alloy Development Seeks Local Energy Supplier for NYC’s First Electric Residential Tower
Brooklyn-based Alloy Development plans to power the city’s first electric residential tower with 100% renewable energy. Alloy recently issued RFP… Read more
Alpha Realty Closes $24M Crown Heights Sale
Alpha Realty arranged the sale of 792 Sterling Pl. in the Crown Heights section of Brooklyn, which traded at $24,000,000… Read more
A&E Real Estate Acquires South Brooklyn LeFrak Portfolio for $249M
A&E Real Estate has finalized the acquisition of 14 multifamily buildings in Brooklyn’s Gravesend and Sheepshead Bay neighborhoods for $248.7… Read more
AI Startup Altana Inks Lease with Rubenstein Partners in Williamsburg
Rubenstein Partners’ 25 Kent, a mixed-use office and light manufacturing building in Brooklyn’s Williamsburg neighborhood, signed a 20,874-square-foot, 10-year lease with Altana, an… Read more
Law Firm Morgan & Morgan Commits to Downtown Brooklyn Space
Morgan & Morgan has leased 9,397 square feet at 203 Jay St., AmTrust RE’s eight-story, 70,000-square-foot mixed-use property in Brooklyn.… Read more
NYC Condo and Co-op Sales Post Sharp Year-Over-Year Drops
Sales of residential condominium and co-op units in New York City posted sharp annual declines in October, judging by a… Read more
Development Partnership Will Build Mixed-Use Tower in Gowanus
JLL Capital Markets arranged a joint venture partnership for the development of 164 4th Ave., a 142,000 square foot, Class… Read more
KKR Adds Apartment Properties in Philly, Brooklyn for North of $500M
KKR fund KKR Real Estate Select Trust Inc. (KREST) acquired two Class A multifamily properties totaling 1,380 units in separate… Read more
PMG, Greybrook Secure $182M Build Loan for 31-Story Mixed-Use Project in Atlanta
PMG and Greybrook have secured $182 million in construction financing for Society Atlanta, a 31-story, 460-unit mixed-use project located at… Read more
New Empire Closes on Deal for Adjoining Flatbush Development Sites
New Empire Corp. closed on the acquisition of neighboring sites for development in Flatbush, Brooklyn. Acquired for $18 million, the… Read more
William Macklowe, Senlac Ridge Score $143M to Build Park Slope Mixed-Use Development
Senlac Ridge Partners and The William Macklowe Company have obtained $142,900,000 in construction financing for a mixed-use development project at… Read more
Barings Provides $12M Financing on Brooklyn Affordable Project
Barings will provide $11.5 million in permanent financing for Euclid Glenmore Apartments, an affordable multifamily housing development in the East… Read more
Ariel Completes Eight Brooklyn Financings in September
Ariel Property Advisors arranged $15 million in loans for eight properties in four Brooklyn neighborhoods in the third quarter. The… Read more