Brooklyn
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
Marcus & Millichap Closes Sale of Mixed-Income Fort Greene Apartments
Marcus & Millichap closed the sale of two multifamily buildings totaling 16 units in the Fort Greene neighborhood of Brooklyn.… Read more
AI Research Lab Commits to Prebuilt Space at Global Holdings’ 25 Kent
Global Holdings announced that Autonomous Technologies Group (ATG), an applied AI research lab, has signed a five-year lease for 5,384 square feet… Read more
Blank Street Will Set Up Eighth Boston Store at Longtime Allston Fixture
The Hamilton Company announced that Brooklyn-based Blank Street will establish its newest Boston-area shop at the former Twin Donuts diner at… Read more
Brooklyn Developer Acquires Second Gowanus Site
A company affiliated with Goose Property Management has bought an industrial site at 264 Butler St. in Brooklyn’s Gowanus neighborhood… Read more