Brooklyn
Investor Trio Acquires 439K-SF San Antonio Retail Center
MCB Real Estate, Epic Real Estate Partners, and Centerbridge Partners acquired Northwoods Shopping Center, a 439,569-square-foot grocery-anchored lifestyle center in San Antonio, Texas.… Read more
Brooklyn Film & TV Studio Developments Close on $552M Financing
New York City Economic Development Corporation (NYCEDC), New York City Industrial Development Agency and Bungalow Projects closed on two transactions totaling… Read more
The Shop Workspace Opens First NYC Location in Gowanus
The Shop Workspace held the official opening of its new Brooklyn location within 420 Carroll, a mixed-use development in the Gowanus neighborhood.… Read more
More than Games: Stadium “Lifestyle” Districts are Gaining Momentum
During the early 20th century, ballparks hosting professional baseball teams were found in walkable neighborhoods that were close to residents… Read more
Pacific Park Advances with Co-Developers Named for Brooklyn Mega-Project
U.S. Immigration Fund (USIF), a leading EB-5 Regional Center, announced a new development team to advance the mixed-use Pacific Park… Read more
Red Oak Provides Bridge Loan on Brooklyn Apartments
Red Oak Capital Holdings, LLC has provided a $2.8-million bridge loan for the renovation and stabilization of 551 Albany Apartments, an eight-unit multifamily property… Read more
Resorts World, Empire City Casino Proposals Clear Local Approvals Hurdles
Community advisory commissions (CACs) have signed off on two of the remaining proposals for downstate New York casinos, both representing… Read more
Adams Adds City-Owned Sites in Brooklyn, Manhattan to Redevelopment Initiative
Continuing an initiative to make surplus city-owned land available for residential development, New York City Mayor Eric Adams on Thursday… Read more
$3.5B Plan Would Revitalize Brooklyn Marine Terminal, Create Mixed-Use Community
The Brooklyn Marine Terminal (BMT) Task Force approved a $3.5-billion vision plan to turn BMT into a 60-acre, all-electric maritime… Read more
S3 Capital Originates $80M Financing on Turtle Bay Rentals
Residential construction lender S3 Capital has originated an $80-million refinance and construction loan for the development of a 131-unit rental… Read more
JLL Arranges $54M Sale of Crown Heights Development Site
JLL Capital Markets arranged the $54.3-million sale of 970 Franklin Ave., a 289,957-buildable-square-foot development site located in Brooklyn’s Crown Heights… Read more
R/GA Relocates Global Headquarters from Brooklyn to Manhattan
GDS Development Management and Corem said Monday that creative innovation agency R/GA has signed a 15,315-square-foot lease for the full… Read more
Walker & Dunlop Arranges $220M Bridge Loan on Jersey City Multifamily
Walker & Dunlop, Inc. arranged a $220-million bridge loan to refinance 626 Newark Ave., a 576-unit, Class A mixed-use multifamily… Read more
Williamsburg Mixed-Use Secures $51M Construction Loan
Lorimer Capital closed on a $51-million construction loan secured by 29 Wythe Ave., a 126,500-square-foot, four-story mixed-use development in Williamsburg,… Read more
Gilbane, Blue Sea Break Ground on Brownsville Apartments with Arts Center
With city and state officials in attendance, Gilbane Development, Blue Sea Development and Artspace Projects, Inc. broke ground Tuesday on… Read more
Affinius Closes on Self-Storage Refi Across Three Boroughs
Affinius Capital LLC announced the closing of a $156-million refinancing for Prime NYC Self-Storage Portfolio, encompassing 7,230 units across three Class… Read more
GAIA Extends Loan Maturity on Williamsburg Multifamily
GAIA Real Estate said Thursday it had extended its $48-million loan with Raymond James Bank for its Williamsburg multifamily property, 55… Read more