Brooklyn
Downtown BK Luxury Tower Secures $70M Construction Debt
JLL has lined up $70 million in acquisition and construction financing for Lonicera Partners’ new luxury apartment development at 308… Read more
Nominate a Rising Star for Our 2019 Next Generation Awards
Connect Media’s second annual Next Generation Awards in 2018 shone the spotlight on some of commercial real estate’s most talented… Read more
Apt. Build Turned Homeless Shelter Lands GSE Funding
Merchants Capital has secured $51 million in agency funding for a homeless shelter in Brooklyn’s Crown Heights neighborhood. The financing through… Read more
Creative Agency Moves from Williamsburg to Dumbo Heights
MAS Event + Design has signed a 10,000-square-foot sublease at RFR Realty’s Dumbo Heights complex. The creative agency will occupy… Read more
Williamsburg MXU Garners $8M Mezz Loan
Bluestone Group has provided $8 million in mezzanine financing on 200 Kent Ave., a mixed-use commercial development in Brooklyn’s Williamsburg… Read more
Lago Calls on Industry to Counter Anti-Development Bias
Noting that “anti-development sentiment” in New York City is the highest she can remember in a public service career spanning… Read more
AECOM JV Will Take Lead on Rikers Island Replacement
A joint venture led by AECOM will oversee the city’s first-ever design-build program, which will replace the Rikers Island Correctional… Read more
“She Builds” Panel Zeroes in on Brooklyn
More than 100 industry professionals gathered for the second event in the Fordham Real Estate Institute’s “She Builds” breakfast series. Held… Read more
NYC’s Home Sales Market Reverses Months-Long Slide
Pending home sales spiked citywide in April, especially in Manhattan, where they jumped 26.6% year over year, StreetEasy reported. Although… Read more
Navy Yard’s Clare Newman to Lead Governor’s Island Trust
Clare Newman, the Brooklyn Navy Yard Development Corporation’s chief of staff, has been nominated to serve as president and CEO… Read more
$50M First Mortgage Will Bring Condo Project to Completion
Madison Realty Capital (MRC) has provided a $50-million first mortgage loan on a development project in Brooklyn’s Broadway Triangle neighborhood. The… Read more
NKF’s Ezratty Markets East New York Parcel
NKF has been retained to sell a 10,761-square-foot lot located at 2390-2400 Pitkin Ave. in Brooklyn’s East New York neighborhood.… Read more
NYC Ferry Service Comes to Navy Yard
The Brooklyn Navy Yard has been added to NYC Ferry’s Astoria Route. Officials with the Brooklyn Navy Yard Development Corporation,… Read more
Brookfield Will Pilot Zero-Waste Platform at Brookfield Place
Brookfield Properties has agreed to serve as the real estate partner of Loop, a zero-waste packaging platform from TerraCycle. The partnership… Read more
Newly Built Brooklyn Industrial Secures Refi
Aries Capital VP Brandon Perdeck has closed a $6.5-million CMBS loan for a 16,500-square-foot manufacturing facility at 413 20th St. in Brooklyn. Perdeck… Read more
Adam America Tops Out on Boerum Hill Condos
Adam America Real Estate’s Five Six One Pacific, a 63-unit luxury condominium building designed by ODA New York at 561… Read more
School of Rock Tunes Up for Second Brooklyn Location
School of Rock has signed a new 3,500-square-foot lease at 300 Graham Ave., a 25-unit condominium building in Brooklyn’s Williamsburg… Read more
Washington Heights on Target’s List of 2020 Openings
Target is coming to Washington Heights. A company spokeswoman confirms that a location of approximately 25,000 square feet is on… Read more
Public School Coming to Angel Guardian Home Redevelopment
Barone Management has closed on the sale of a parcel of land to the New York City School Construction Authority in… Read more