Brooklyn
Boerum Hill Portfolio Sale Sets Pricing Record
Alpha Realty arranged the sale of a three-building package located at 348 Atlantic Ave, 336 State St. and 75 Hoyt St. in Brooklyn’s… Read more
Sunset Park Multifamily Trades After 50-Year Hold
GFI Realty Services closed the $1.475-million sale of 751 55th St., a three-story walk-up, six-unit multifamily property located in Brooklyn’s Sunset Park neighborhood. This is… Read more
Clinton Hill Luxury Rentals List for $35M
JLL Capital Markets is marketing for sale a luxury rental property at 840 Fulton St. in Brooklyn’s Clinton Hill neighborhood. The newly constructed property, which include 39 residential units and one retail unit, is listed for $34.5 million. … Read more
Distribution Firm Relocates to Industry City
Sakatta Inc., a distribution and sales company, has signed a six-year, 25,000-square-foot lease for warehouse space at Industry City in Brooklyn. The… Read more
Ripco Adds Queens Investment Sales Champion Stephen Preuss
Ripco Real Estate has added Stephen R. Preuss, known as the highest producing investment sales broker in Queens. Simultaneously, Ripco has secured a long-term lease in… Read more
Corner Mixed-Use Trades Swiftly in Park Slope
A five-story, mixed-use building located on a prominent corner in Park Slope, Brooklyn was sold to a new owner for… Read more
Office Condo Sale at 12 MetroTech Garners $106M Financing
Cushman & Wakefield arranged $106 million in acquisition financing for the office condominium at 12 MetroTech Center in Downtown Brooklyn. 60 Guilders purchased the office… Read more
Study Says Gowanus Rezoning Will Be Net Positive for Diversity
The proposed rezoning of Brooklyn’s Gowanus neighborhood has the clear potential to be a net positive for racial equity, increasing… Read more
Apparel Retailer Patagonia Makes First Foray into Brooklyn
Newly launched Alvarez & Marsal Property Solutions (AMPS) has completed a 12,000-square-foot agreement on behalf of Patagonia at 70 N.… Read more
Eastern Union Picks Up Lending Pace in July
Brooklyn-based real estate finance firm Eastern Union accelerated the pace of its deal flow in July by generating 321 new loan submissions from… Read more
Ripco Promotes Company Veteran Esther Bukai to Vice Chair
Ripco Real Estate has promoted Esther Bukai to vice chair. Bukai, who has been with Ripco since 1998, has been instrumental in the firm’s… Read more
Alpha Realty Markets Portfolio Under Protected Tax Class
Alpha Realty’s Lev Mavashev has been retained to negotiate the sale of an eight-building package located mostly throughout Bed-Stuy and Crown Heights in… Read more
BioBAT Space Will Expand at Brooklyn Army Terminal
New York City Economic Development Corporation (NYCEDC) is making a $50-million investment in life sciences at BioBAT to expand the lab space… Read more
Wegmans Takes 82K SF at 770 Broadway for First Manhattan Store
RIPCO Real Estate arranged Wegmans Food Markets’ first Manhattan location and second New York store totaling 82,000 square feet at Vornado Realty Trust’s 770 Broadway,… Read more
Avison Team Arranges Warehouse Sale in Greenpoint
Avison Young’s Tri-State Investment Sales Group arranged the sale of 29 Meserole Ave. in Greenpoint, Brooklyn for $7.95 million. The property… Read more
RFR, Kushner Tap CushWake for DUMBO Heights Leasing Assignment
Cushman & Wakefield has been selected by RFR and Kushner Companies as the exclusive leasing agent for DUMBO Heights, a… Read more
Alloy Development Finalizes $240M Financing on Brooklyn Residential Tower
Alloy Development, in partnership with the New York City Educational Construction Fund, closed on $240 million in financing for the first… Read more
Doggie Daycare Sets Up Shop in Dumbo
Hounds Town USA, a fully interactive doggie daycare, pet spa, and boarding facility is coming to Brooklyn. Katz & Associates’ David Yablon… Read more
Meridian Arranges $251M Financing on 15-Property Apartment Portfolio
Meridian Capital Group arranged $250.5 million of senior and mezzanine financing for The Kings Portfolio, a multifamily portfolio in Brooklyn and Staten Island. The 10-year loan… Read more