Brooklyn
Lument Provides Freddie Mac Refi on East Flatbush Apartments
Lument provided a $14.5-million Freddie Mac conventional loan to refinance 800-830 Empire Blvd.., a 35-unit mid-rise multifamily property in Brooklyn’s… Read more
A&E Launches In-House Leasing for NYC Apartments
A&E Real Estate has launched 1898, a new in-house leasing company. Named for the year that all five boroughs officially came together to… Read more
Fifth Wall Wants CRE to Walk the Walk on Decarbonization
Venture capital firm Fifth Wall, which focuses on proptech investments, wants to see commercial real estate put its money where its mouth is when it comes… Read more
REBNY Sees Steady Leasing Volume in Brooklyn Retail
Leasing volume in the Brooklyn retail market has been steady as tenants capitalize on market opportunities in select trade areas, the… Read more
Navy Yard, Governors Island Launch Real Estate Fellowship Program
The Brooklyn Navy Yard Development Corporation and the Trust for Governors Island are launching a new fellowship program dedicated to helping CUNY students from… Read more
Leasing Gets Underway at RXR’s The Willoughby
RXR Realty and Douglas Elliman Real Estate have launched leasing at The Willoughby, a new ground-up, 34-story mixed-use tower located at the intersection of… Read more
Minskoff Equities Commences Office/Retail Build in DUMBO
Edward J. Minskoff Equities and JPMorgan Global Alternatives broke ground Friday on 29 Jay St., an office/retail project in Brooklyn’s DUMBO… Read more
Biotech Startup Expands into 8,200 SF at Brooklyn Navy Yard
The Brooklyn Navy Yard Development Corporation (BNYDC) has signed a lease with biotech startup Kingdom Supercultures at the Yard’s historic and… Read more
Betty Castro Joins Ripco as Managing Partner for Manhattan and Brooklyn
Ripco Real Estate has hired Betty Castro as managing partner for the retail services firm’s Manhattan and Brooklyn markets. The 25-year brokerage veteran will work closely with Ripco’s partners to plan… Read more
JLL Arranges $176M Recap of Brooklyn Condos Turned Rentals
JLL Capital Markets has arranged senior and mezzanine financing of $176.45 million for the recapitalization of One Boerum Place, a… Read more
Greystone Arranges $143M Refi for RXR Rentals in Brooklyn
Greystone arranged a $143,100,000 permanent loan for affiliate entities of RXR Realty to refinance 475 Clermont, a multifamily rental building… Read more
ABC Carpet Plans Asset Sale Following Chapter 11 Filing
Luxury furniture retailer ABC Carpet & Home on Friday secured court approval to tap part of a $5.7-million loan to… Read more
Eastern Union Names Senior Data Specialist
Brooklyn-based Eastern Union has named Victoria Smith senior data specialist in the company’s newly launched Commission Data Broker Division. Smith, who joined the firm… Read more
New Apartment Leases Set August Records in Manhattan, Brooklyn, NW Queens
August volume for new apartment leases continued to set some form of record across Manhattan, Brooklyn and Northwest Queens, appraisal firm Miller Samuel said in its monthly report… Read more
Development Site Sells in Cypress Hills Opportunity Zone
TerraCRG closed on the sale of an approximately 11,000-square-foot development site at 2771 – 2777 Atlantic Ave. in Brooklyn’s Cypress Hills neighborhood for… Read more
Cityzenith Launches Digital Twin Project at Brooklyn Navy Yard
Cityzenith will launch its “Clean Cities – Clean Future” initiative with a project at Brooklyn Navy Yard that seeks to transform the 225-acre complex’s energy footprint. The project… Read more
Eastern Union Promotes Three to Executive Roles in Managing Commercial Mortgages
Eastern Union has promoted three staff members to executive duties in the management of commercial mortgages. Mordy Reisman has been named chief loan… Read more
CushWake Arranges $42M Sale of Brooklyn Development Site
Cushman & Wakefield has arranged the $41.5-million sale of 975 Nostrand Ave. in Brooklyn. The property is a development parcel. A Cushman &… Read more
Boutique Condos in Greenpoint Reach Completion
81 McGuinness, a boutique luxury condominium in Brooklyn’s Greenpoint neighborhood, has officially reached completion. Despite launching sales just this past spring, the… Read more