Brooklyn
Brooklyn Affordable Portfolio Lands $100M Financing via Walker & Dunlop
Walker & Dunlop, Inc. structured $100,000,000 in financing for the Park Affordable Portfolio, a collection of eight affordable multifamily properties in Brooklyn on behalf of… Read more
Conway Capital Adds to Park Slope Holdings
Abe Cohen’s Conway Capital, partnering with the MacTaggart family, acquired a four-story multifamily building in Park Slope, Brooklyn for $8 million. The… Read more
Bushwick’s Denizen Trades in Largest Single-Asset Multifamily Deal Since 2018
Meridian Capital Group’s Institutional Investment Sales Group, led by Helen Hwang, has advised All Year Holdings Limited’s restructuring team on… Read more
TerraCRG Finalizes Greenwood Heights Portfolio Deal
TerraCRG has closed on the sale of a mixed-use portfolio in Brooklyn’s Greenwood Heights neighborhood totaling $8.6 million. The portfolio includes several industrial properties and a three-story… Read more
Luxury Bushwick Apartments Land $36M Refi
Walker & Dunlop, Inc. structured $36,000,000 in financing for 600 Bushwick Ave. a 64-unit, luxury multifamily property in Brooklyn’s Bushwick neighborhood. With over 14,000… Read more
Berkadia Arranges Refi on Affordable Seniors Housing in Brooklyn
Berkadia’s Laura Smith arranged $22.595 million in permanent refinancing for Scheuer House of Manhattan Beach, a midrise affordable seniors property in Brooklyn, on behalf of New York-based JASA. It’s… Read more
Arbor Eighteen Condo Project Sells Out in Greenwood
Brown Harris Stevens Development Marketing said Arbor Eighteen, an 11-story, 73-unit new condominium developed by Adam America Real Estate and CGI Strategies and located… Read more
Meridian Arranges $69M Construction Financing on Brooklyn Rentals
Meridian Capital Group arranged a total of $68.5 million in construction financing for a mixed-use development in Brooklyn’s Prospect Lefferts Gardens neighborhood.… Read more
City Council Okays Gowanus Rezoning, NY Blood Center Expansion
The New York City Council approved rezonings just before Thanksgiving that will facilitate the de Blasio administration’s Gowanus Neighborhood Plan and the New York Blood Center’s $750-million expansion of its Upper East Side headquarters. For the Blood Center,… Read more
Camber Finalizes $105M Deal for Affordable Portfolio
Camber Property Group closed the $105-million acquisition of the Triboro Portfolio, which features more than 300 units of affordable housing… Read more
ERG Arranges Cash-Out Refi on Gowanus Warehouse
ERG Commercial Real Estate has arranged a $3-million refinance/cash-out loan to the owner of a prime Gowanus warehouse currently leased to… Read more
DHPH Trades Amazon-Leased Red Hook Warehouse to Brookfield
DH Property Holdings LLC (DHPH) has sold 55 Bay St., an 83,000-square-foot distribution facility in Red Hook, Brooklyn, to Brookfield for $45… Read more
Electric Scooter Maker Wheels into Industry City
Voro Motors, a personal electric scooter manufacturer, has signed a 4,250 square-foot lease at Industry City in Sunset Park. The Los Angeles-based… Read more
Savanna Tops Out Office and Retail Development at 141 Willoughby
Savanna recently celebrated the topping out of 141 Willoughby St. in Downtown Brooklyn with the project team on the 400,000-square-foot trophy office… Read more
City Agencies Cut the Ribbon on Brownsville Affordable Project
City officials joined with development partner Trinity Financial and a group of business, nonprofit and community leaders to celebrate the… Read more
Eastern Union Co-Founder Bergman Assumes Role of President and CEO
Abraham Bergman has assumed the positions of president and CEO of Brooklyn-based Eastern Union, one of America’s largest commercial real… Read more
Buyk Expands Grocery Delivery into Bronx and Outer Boroughs
Buyk, a real-time retail service that promises grocery delivery within 15 minutes, has expanded into Brooklyn, Queens and the Bronx,… Read more
Carroll Gardens Multifamily Sparks Bidding War
GFI Realty Services arranged the $3.925-million sale of 419 Clinton St., a four-story walk-up, 10-unit multifamily property in Brooklyn’s Carroll… Read more
Manhattan Mini Storage Trades for Reported $3 Billion
StorageMart, headquartered in Columbia, MO, said Friday it had agreed to acquire Manhattan Mini Storage (MMS) from Edison Properties. Although the purchase price wasn’t closed, published reports put it… Read more