Brooklyn
Ariel Markets Trio of Sites in Bushwick, Brighton Beach
Ariel Property Advisors has been exclusively retained to sell 29 Locust St. and 102 Wyckoff Ave. (pictured), a mixed-use building… Read more
Bronx Gets Ferry Service After 80-Year Hiatus
Ferry service has returned to the Bronx for the first time since the 1930s, with the debut of service between… Read more
JP Morgan Provides $60M Debt for Clinton Hill Development
Slate Property Group has obtained a $60-million loan from JP Morgan Asset Management to recapitalize 325 Lafayette Ave., a luxury… Read more
Rezoning Gives Retail a Shot in the Arm
“Retail follows rooftops,” the old saying goes. In New York City, the truism may well be that “retail follows rezoning.”… Read more
Natixis Arranges $380M Refi on Douglaston’s Level BK
Natixis served as lead arranger and administrative agent on a $380-million fixed-rate loan to refinance Level BK, a newly-built 554-unit… Read more
Brownfield Sites Clustered in Gentrifying Areas
Five of the 10 community districts citywide with the highest number of Voluntary Cleanup Program sites are gentrifying neighborhoods that… Read more
Greystone Provides Freddie Loan for New Crown Heights Build
Greystone has provided $54.8 million in Freddie Mac financing for The Dean, located at 1040 Dean St.in Crown Heights, Brooklyn.… Read more
Gowanus Parcel Sale Expected to Yield “Significant” MXU
Cushman & Wakefield has arranged the sale of 313-331 Bond St., a 185,040 buildable square-foot development site located in the… Read more
Two Trees Bringing Roberta’s to Domino Sugar MXU
As part of Two Trees Management’s redevelopment of the former Domino Sugar Factory in Williamsburg, renowned Brooklyn pizzeria Roberta’s will… Read more
Lee NYC Launches Investment Sales Platform
Vickram Jambu, Chris Varjan (both pictured below) and Paul Popkin (pictured above) have joined Lee & Associates NYC as senior… Read more
Extell Lands $530M Loans for Brooklyn’s Tallest Condo Tower
Extell Development Company has closed on $530 million in financing for Brooklyn Point, its first project in the borough and… Read more
Rock-Climbing Facility Takes 40K SF in Gowanus
The industrial stock in the evolving Brooklyn neighborhood of Gowanus proved to be an ideal location for The Cliffs, as… Read more
Brooklyn’s One Willoughby Secures $235M Construction Loan
A JLL Capital Markets team has arranged a $235-million construction loan for JEMB Realty’s One Willoughby Square, which will be… Read more
Production Company Pulls Up SoHo Stakes in Move to Industry City
Animation house Buck is relocating from SoHo to Industry City in Brooklyn’s Sunset Park, more than doubling its footprint. The… Read more
RD, Yassky Pick Up Park Slope Multifamily
RD Management LLC and partner Yassky Properties have acquired a mixed-use building at 55 5th Ave. in Brooklyn’s Park Slope neighborhood.… Read more
Ariel Brokers Sale of Flatbush Apts. at 4.3% Cap
Ariel Property Advisors has arranged the sale of a scattered-site multifamily portfolio in Brooklyn’s rapidly-evolving Flatbush neighborhood. The nine-property, 71-unit… Read more
“Iconic” Brighton Beach Retail Listed for Sale
Marcus & Millichap is marketing 1029 Brighton Beach Ave., a fully leased retail asset in southern Brooklyn’s Brighton Beach neighborhood.… Read more
Meridian Arranges $115M Refi for Midwood Apartment Project
Meridian Capital Group negotiated $115 million in financing for the cash-out refinance of a multifamily property midway through construction in… Read more
Flatbush Retail Trades in 1031 Exchange
GFI Realty Services has arranged the $10.2-million sale of 1032-1038 Flatbush Ave., a newly built, 18,000-square-foot retail property in Brooklyn’s… Read more