Brooklyn
The Rise of Medtail: Healthcare Tenants and Ground-Floor Leases
By Nathaniel Mallon, Verada Retail The COVID-19 pandemic led some retailers to adopt a more permanent e-commerce business model. Forced… Read more
Locatee Names Co-CEOs as Workplace Analytics Market Heats Up
Locatee, a workplace analytics solution with offices in Zurich and Brooklyn, has appointed chief revenue officer Myriam Locher and CTO… Read more
Marx Realty Signs Chick-Fil-A to First Standalone NYC Location
Marx Realty (MNPP), has signed a 20-year, 6,000-square-foot ground lease with Atlanta-based Chick-fil-A. The existing three-story office building at 1573… Read more
Sunrise Senior Living Opens Second Staten Island Facility
Sunrise Senior Living has opened its second community on Staten Island, Sunrise of New Dorp. The nearly 85,000-square-foot, four-story property… Read more
Defense Tech Co Leases 180K SF in Atlanta, Plans $60M Manufacturing Facility
Jamestown has completed negotiations with Anduril Industries for the latter to lease 180,000 square feet at Allied Studios, a three-building… Read more
TerraCRG Puts Red Hook Industrial Under Contract
TerraCRG has put 238 Conover St., a commercial/industrial property in Red Hook, Brooklyn, into contract. Partners Dan Marks and Daniel… Read more
Eclectic Houston East-End Neighborhood Has a Plan
Concept Neighborhood plans to convert more than two blocks of mostly historic properties into a walkable, thriving mixed-use community. Construction… Read more
Kalikow Group Closes Sales in Brooklyn, Nassau County
The Kalikow Group, a fourth-generation, New York development and management firm based in Westbury, NY, recently completed the sale of two properties in a… Read more
BOMA New York Names New Executive Director
BOMA New York has hired Lori Raphael as its new executive director. She succeeds Bobbi McGowan, who has led the… Read more
Ariel Arranges Cash-Out Refi on Greenpoint Industrial
Ariel Property Advisors has arranged a $10.5-million cash out refinance for a 41,500-square-foot,116-unit industrial property in Brooklyn’s Greenpoint neighborhood. The… Read more
Lument Furnishes Freddie Mac Financing on Brooklyn Affordable Portfolio
Lument closed on a $117.4-million Freddie Mac unfunded forward loan for Hope Gardens, a portfolio of affordable housing communities in… Read more
Ariel Arranges Sales Across Three Boroughs
Ariel Property Advisors arranged the sale of six properties—five multifamily and one mixed-use—in Brooklyn, Queens and the Bronx for more… Read more
IT’SUGAR Expands in NYC with Former Modell’s Times Square Site
In a transaction arranged by CBRE, IT’SUGAR, a specialty candy store, has committed to a new retail lease at 234… Read more
Multi-Tenant Red Hook Industrial Trades to LLC
TerraCRG closed on the $10,230,000 sale of 202 Van Dyke St., a block-wide, multi-tenanted industrial warehouse, located in Red Hook,… Read more
RiseBoro Reaches Agreement with Blackstone’s April Housing
RiseBoro Community Partnership has reached an agreement with Blackstone, through its affordable housing portfolio company April Housing, to restructure their… Read more
Multi-Story Red Hook Industrial Trades for $330M
(Updated with additional information) 640 Columbia St., a 400,000-square-foot, fully leased logistics center in Brooklyn’s Red Hook neighborhood, has changed… Read more
Cresa Brings Japanese Restaurant Chain to Brooklyn
Cresa advisor Elisa W. Tsai and principal Thomas P. Sullivan have arranged a 10-year lease for AFURI at 61 N.… Read more
Arch Reaches Sellout on Williamsburg Luxury Condos
Arch Companies said all units have been sold at its 550 Metropolitan Ave. boutique luxury residential condominium development in Williamsburg,… Read more
Target Will Backfill Former Sears at Macerich’s Danbury Fair
Macerich is bringing a new Target store to Danbury Fair, in Connecticut’s Fairfield County. The 126,000-square-foot, two-level Target store will… Read more