Brooklyn
Tapping Into O-Zone Expertise at Connect Los Angeles
By Amy Sorter When the Tax Cuts and Jobs Act of 2017 was passed, little attention was paid to a… Read more
Con Ed Trades South Williamsburg Parcel
Con Edison has sold a commercial development site at 500 Kent Ave. in South Williamsburg for $50 million. A JLL… Read more
Clinton Hill’s Chocolate Factory Rentals Go on the Market
Hodges Ward Elliott is marketing the sale of a residential property located at 275 Park Ave., also known as the Chocolate Factory, within the… Read more
Williamsburg Mid-Rise Lands Nearly $20M Financing
Berkadia has arranged $19.6 million in financing for 240 Meeker, a mid-rise condominium development in Brooklyn’s Williamsburg neighborhood. Stewart Campbell… Read more
City Renews Lease for 342K SF with Clipper Realty
The city’s Department of Citywide Administrative Services has renewed its full-building lease at Clipper Realty’s 250 Livingston St. in Brooklyn.… Read more
Hello Living Lands Brooklyn Boutique as First Retail Tenant
Multifamily developer Hello Living has secured the company’s first commercial retail tenant at its Hello Flatbush property in Brooklyn. Woodstack, an inner-city fashion boutique… Read more
Compass Team Markets MOB in Marine Park
A Compass investment sales team of director Michael Cardillo and vice chairs Adelaide Polsinelli and Ronda Rogovin has been hired to market… Read more
Multifamily Numbers and Opportunity Zones
A great deal has been written about the Opportunity Zone program. Passed in December 2017 as part of the Tax… Read more
CushWake Tapped to Lease NYC’s First Class A Spec Industrial
Cushman & Wakefield will handle leasing Brooklyn Logistics Center, a two-building, 214,000-square-foot single story industrial facility at 12555 and 12595… Read more
Top Broker Honoree: Mark Steinmetz
Mark Steinmetz is a managing director who leads a middle-market team at Meridian Investment Sales. Over the course of his… Read more
Meridian Markets Greenpoint Development Opportunity
Meridian Investment Sales is marketing a retail and commercial development opportunity in the historic district of Brooklyn’s Greenpoint neighborhood. The… Read more
Rumble Will Roll Out Treading Concept in Flatiron/Chelsea
Rumble is bringing its take on HIIT-inspired treadmill workouts to Flatiron/Chelsea. The locally-based group fitness company plans to open its… Read more
Fabrication Studio Will Triple Space in Move to Navy Yard
Bednark Studio will occupy 62,000 square feet at the Brooklyn Navy Yard’s Green Manufacturing Center, tripling the size of its current… Read more
CRE Firms Go Toe to Toe with a Prized Tenant: WeWork
WeWork and other shared-space providers have presented commercial real estate’s major players—from landlords to service firms—with both a boon and… Read more
JLL Markets Gowanus Development Site
EcoRise Development has hired JLL to market a development site containing 514 Union, 469 President St. and 473 President St,… Read more
Pre-war Bensonhurst Apartments Fetch $8M
A four-story, 37-unit apartment building at 1865 77th St. in Brooklyn’s Bensonhurst neighborhood has sold for $8 million. GFI Realty… Read more
Industry City’s Owners Seek Rezoning
A partnership of Jamestown, Belvedere Capital and Angelo, Gordon & Co. has filed a rezoning application with the Department of… Read more
CIM Sells Gilman Hall Tower, Retains Adjacent Parcels
CIM Group has sold Gilman Hall Tower, a former medical resident housing facility at the corner of 17th Street and… Read more
Seniors are NY State’s Fastest-Growing Demographic, Says CUF
Statewide, the population aged 65 and older increased 26% between 2007 and 2017 and represents the Empire State’s fastest-growing demographic,… Read more