Brooklyn
New Design Enterprise Looks Toward Post-COVID Offices
Brooklyn-based design firm Stewart-Schäfer has launched a second enterprise to address office health and safety issues and create sustainable solutions post-COVID-19. DistanceDesigns is… Read more
Dime Forges Merger Pact with Bridge Bancorp
Brooklyn-based Dime Community Bancshares and Bridgehampton, NY-based Bridge Bancorp Inc. have agreed to an all-stock merger valued at $489 million.… Read more
Dumbo Development Site Fetches $20M
JLL Capital Markets completed the $19.85-million sale of a development site at 251 Front St. in Brooklyn’s Dumbo neighborhood. JLL… Read more
Conway Capital Lines Up $9M Financing for BK Properties
Conway Capital, based in Brooklyn Heights, closed on an $8.892-million acquisition loan from Urban Standard Capital for four residential and mixed-use… Read more
Leasing Veteran Hymie Dweck Joins Ripco in Brooklyn
Retail leasing veteran Hymie M. Dweck has joined Ripco Real Estate’s Brooklyn office as executive managing director. Dweck joins RIPCO from NKF,… Read more
Amazon Commits to 1M SF in Queens
Amazon has signed a lease for one million square feet at a property owned by RXR Realty and LBA Logistics… Read more
Bay Ridge Apartments Trade After Nearly 70-Year Hold
The multifamily division of Kassin Sabbagh Realty LLC (KSR) completed the sale of 515 Ovington Ave, in the Bay Ridge… Read more
William Gilbane III Joins Gilbane’s Board of Directors
Providence RI.-based construction and real estate development firm Gilbane has announced that William Gilbane III has been elected to its… Read more
Goodwill NYNJ Renews Lease for Brooklyn Training Center
Transwestern Real Estate Services (TRS) represented Goodwill Industries of Greater NY and Northern NJ Inc. in its 30,800-square-foot lease renewal… Read more
CushWake Lines Up Acquisition Debt for Downtown BK Rentals
Cushman & Wakefield arranged $57 million in acquisition financing for the multifamily rental portion of 1 Flatbush Ave., a newly-built… Read more
Eastern Union Introduces Virtual Internships
Eastern Union is offering “Virtual Summer Underwriting Internships” to college and post-graduate students. The part-time internships, conducted remotely, are designed to… Read more
Urban Standard Closes Loans in Brooklyn, Hamptons
Urban Standard Capital (USC), a New York based real estate lender, development and investment firm, delivered $6.3 million in loans… Read more
Camber, Belveron Close on $90M Brooklyn MF Portfolio
Camber Property Group and Belveron Partners closed on a portfolio of 384 affordable housing units across eight buildings in Flatbush, Brooklyn,… Read more
Eastern Union Hires 75 More Brokers
Eastern Union has hired 75 new brokers to accommodate demand for its newly introduced quarter-point fee for refinancing multifamily properties… Read more
Avison Young’s Fernandez Closes 3 Leases, 1 Sale
Avison Young’s Maria Fernandez led four new transactions, including three leases in Manhattan and a separate property sale in Prospect… Read more
Retail Condo Up for Sale in Borough Park
GFI Realty Services is marketing for sale 4809 & 4815 14th Ave., a 11,458-square-foot retail condominium in the Borough Park section of… Read more
NYC Imposes Curfew, Deploys Extra Police to Downtown BK, Lower Manhattan
Following looting during citywide protests over the death of George Floyd, a citywide curfew took effect Monday at 11 p.m.… Read more
Naftali Makes NYC’s Biggest Land Deal Since Shutdown
The Naftali Group finalized the acquisition of 470 Kent Ave., adjacent to the Brooklyn Navy Yard and one of the… Read more
Borough Park Mixed-Use Comes to Market
GFI Realty Services was hired to sell 3801 13th Avenue, a three-story mixed-use building in the Borough Park section of Brooklyn. The firm’s Ohad Babo and… Read more