Brooklyn
Rent the Runway Trades Hudson Square for Dumbo
Rent the Runway, an online service that provides designer dress and accessory rentals, will occupy the top four floors of Glacier Global… Read more
Moinian, Bushburg Near Completion on Resi Tower
The Moinian Group and Bushburg Properties’ luxury residential project at 123 Linden Blvd. in Brooklyn’s Prospect Lefferts Garden is nearing completion and will… Read more
Developer Would Upgrade Gowanus Subway Stop in Exchange for More Apartments
Avery Hall Investments (AHI) is offering to design and construct a new ADA-compliant subway entrance, elevator and stairway near its… Read more
Rents Slide in L Train Neighborhoods Even as Shutdown Averted
The dreaded L train shutdown between Brooklyn and Manhattan didn’t happen. But neither did the expected rebound in apartment rents… Read more
Lee NYC Brings Gourmet Market to the Village
Lee & Associates NYC’s Mark Kapnick and Michael Watson have negotiated a 8,200-square-foot lease at 378 Sixth Ave., between Waverly Place… Read more
JDS’ 9 DeKalb Supertall Lands Construction Loan
A $664-million construction loan from Silverstein Capital Partners and Otera Capital has ended JDS Development Group’s years-long quest for financing… Read more
Greenland, Brodsky Will Partner on Pacific Park Tower
Greenland Forest City Partners and the Brodsky Organization have formed a joint venture to develop 18 Sixth Ave. at Pacific Park,… Read more
MRC Provides Repeat Borrower with First Mortgage on Bushwick Project
Madison Realty Capital (MRC) has closed a $27-million first mortgage loan for the development of a 68-unit mixed-use rental building… Read more
LIC Industrial Goes on the Market for $51M
Cushman & Wakefield is marketing a linear, three-building 117,500-square-foot industrial portfolio in Long Island City for lease and sale. The asking… Read more
Netflix Plans Major NYC Expansion in Jobs, Real Estate
Netflix will expand its New York City office with a greater office presence in Manhattan, and the construction of sound… Read more
Brooklyn Heights Mixed-Use Trades at $1,250+ Per SF
Meridian Investment Sales has arranged a $15-million deal for 35 Pineapple St., a mixed-use corner elevator building in Brooklyn Heights.… Read more
Extell Tops Out on 68-Story Brooklyn Point
Extell Development’s first Brooklyn project, Brooklyn Point, has topped out. Rising to 720 feet high, the 68-story residential condominium building… Read more
Program to Test for Lead Paint Launches at Harlem Public Housing
The de Blasio administration has launched an $88-million program to detect lead in paint at New York City Housing Authority… Read more
Family-Owned Williamsburg Loft Building Trades for $41M
JLL has arranged the sale of 151 Kent Ave. in Williamsburg on behalf of the family of Norman Seidenfeld, Esq.,… Read more
Australian Café Comes to Brooklyn Via Domino Sugar Redevelopment
Australian café Two Hands is coming to Brooklyn, and more specifically to the base of One South First, the newest… Read more
MRC Arranges Refi on Hello Living Rentals in Prospect Lefferts
Madison Realty Capital (MRC) and Bluestone Group have provided a $32-million mortgage and mezzanine financing to recapitalize 271 Lenox Rd.,… Read more
Slowing Market in the Forecast for NYC Investment Sales
New York City’s investment sales market for 2019 is on pace to record its lowest transactional tally in eight years,… Read more
Compass’ Polsinellis Market Greenpoint MXU
Compass’ Adelaide Polsinelli and Trystan Polsinelli have been hired to exclusively market 59 McGuinness Blvd., also known as 130 Nassau Ave., in the… Read more
Knighthead Provides Debt for Brooklyn Warehouse Conversion
Knighthead Funding LLC has provided Cayuga Capital Management with $22 million in short-term debt to finance the conversion of a vacant… Read more