Brooklyn
Urban Edge Pays $165M for Midwood Mixed-Use Assets
Urban Edge Properties is acquiring Kingswood Center and Kingswood Crossing, a pair of mixed-use buildings along Kings Highway in Brooklyn’s Midwood neighborhood,… Read more
NYCHA Strikes Privatization Deal on Nearly 6,000 Apartments
Development partners including L + M, the Hudson Companies and Douglaston Development have been selected to take over the management… Read more
Ariel Tapped to Market Eastern Parkway Portfolio
Ariel Property Advisors is marketing the Eastern Parkway Portfolio, a package of five walk-up buildings in the Ocean Hill/Crown Heights… Read more
GIC Wealth Fund Takes Stake in Industry City
Singapore’s GIC Pte. Ltd. sovereign wealth fund has acquired a stake in Brooklyn’s Industry City, the Wall Street Journal reported,… Read more
National Grid Will Have Brookfield as Landlord
National Grid has signed a 15-year, 87,000-square-foot lease at Brookfield Properties’ 2 Hanson Place in Downtown Brooklyn. The global energy company plans a… Read more
U.K. Fintech Startup Makes Brooklyn Its U.S. Base
U.K. financial tech startup Curve will open its first U.S. office in Brooklyn, thus becoming the first international fintech company… Read more
Black Bear Secures $107M for Multiple Borrowers
Black Bear Capital Partners (BBCP) recently arranged $106.5 million on behalf of multiple borrowers for the refinance of several multifamily portfolios throughout New York City.… Read more
Red Hook Development Site Sale Sets Pricing Record
Ariel Property Advisors arranged the sale of 185-199 Conover St. & 135 Dikeman St., a development site comprised of nine… Read more
Sellers of Newly-Built Midwood Apartments Seek $42M
GFI Realty Services was hired as sales agent for 1704-1712 Ocean Ave., a 64-unit multifamily building in Brooklyn’s Midwood section. The… Read more
Beauty Company Inks Office, Manufacturing Leases in Brooklyn
Colliers International Group completed a pair of leases in Brooklyn for technology-powered beauty company Prose. In the most recent deal,… Read more
Whittle School Leases 620K SF at Tishman Speyer/Macy’s Project
Tishman Speyer signed a 20-year lease agreement with the Whittle School & Studios, which will open its third global location… Read more
Blackstone-Led Team Recapitalizes $300M Brooklyn Complex
Liberty View Industrial Plaza, a 1.3 million-square-foot office and industrial facility in Brooklyn’s Sunset Park neighborhood, is being recapitalized by… Read more
CW Realty Snaps Up Vinegar Hill Parcel
CW Realty acquired 251 Front St., a 20,000-square-foot corner development lot in the Vinegar Hill section of Brooklyn. The $20-million… Read more
Ariel Brokers Parcel Sales in Brooklyn, Bronx, Harlem
Ariel Property Advisors recently arranged the sale of three development sites: 250-266 46th St. in Brooklyn’s Sunset Park, 305 E.… Read more
JLL Arranges $91M Loan for Williamsburg Retail
JLL Capital Markets secured a $90.5-million loan to finance an 11-property retail portfolio totaling 85,000 square feet in Brooklyn’s Williamsburg… Read more
Play Space for Kids and Parents Signs Williamsburg Lease
Cushman & Wakefield arranged a 3,650-square-foot long-term lease for Grand Days—a play space and café offering programming, food and drinks for… Read more
Quarters Adds Two Brooklyn Co-Living Sites
Co-living provider Quarters announced two new Brooklyn locations, in North Williamsburg and in Fort Greene. In total, the properties will… Read more
WeWork Exits Minority Stake in The Wing
As The Wing prepares to open its second Brooklyn location in Williamsburg, WeWork has completed the sale of its minority… Read more
Park Slope Rentals Trade for First Time in 40 Years
NKF arranged the acquisition of 96 Sterling Pl., a five-story walk-up in Brooklyn’s Park Slope, on behalf of buyers Peak Capital and… Read more