Brooklyn
CAMBA Opens 2nd Phase of Supportive Housing Complex
CAMBA Housing Ventures has opened the second phase of its CAMBA Gardens affordable and supportive housing development in Brooklyn’s Wingate… Read more
GFI Brokers Sale of Greenpoint Apartment Building
GFI Realty Services has arranged the $1.75-million sale of 196 Russell St., a three-unit multifamily building located in the Greenpoint… Read more
Home Sales Drop in Brooklyn and Queens
Brooklyn home prices continued to reach new highs in the first quarter, even as sales, including those of condominiums and… Read more
A City of Evolution and Reinvention: CRE Experts Chart the Opportunities
In the early days of Daren Hornig’s brokerage career two decades ago, when it came to development opportunities “it was… Read more
Bed-Stuy MXU Quartet Scores $6.5M Refi
Ariel Property Advisors’ capital services division has arranged a $6.5-million loan for four properties in Brooklyn’s Bedford-Stuyvesant neighborhood. The borrower,… Read more
UES Store Lease is 4th in a Series for Artisan Ice Cream Brand
The fourth in a recent series of store leases for artisan brand Van Leeuwen Ice Cream has been finalized on… Read more
JP Morgan Chase’s Will Oehler: “The Market Has Been on an Uptrend”
For multifamily, favorable demographics and other positive factors such as low supply continue to underpin the market. That’s the view… Read more
GFI Arranges Sale of One Bed-Stuy Multifamily, Will Market Another
GFI Realty Services has arranged the $4.31-million sale of 662 Madison St. (pictured), a newly gut-renovated nine-unit apartment building in… Read more
Alo Yoga Rolls Out the Mat in Brooklyn
Athleisure brand Alo Yoga will be establishing its first New York City location when it opens this fall in a… Read more
Spaces Takes Full Floor at Brooklyn’s Pioneer Building
Workspace provider Spaces has leased the entire 26,908-square-foot second floor at 41 Flatbush Ave. in Brooklyn, also known as the… Read more
Berkadia Secures $200M Loan for Brooklyn DA’s Office Condo
Berkadia’s Mark Vogel and Dan Geuther have arranged $198.3-million financing for an office condominium within Brooklyn Renaissance Plaza, a 1.4-million-square-foot… Read more
Miami Restaurateur Chooses Flatbush for First NYC Outpost
Foozo Artisan Pizza, which shares the same operator as Miami’s renowned Fuego by Mana Steakhous, will bring its fast casual… Read more
‘One of a Kind’ Brooklyn Hotel Lands Refi
Meridian Capital Group has arranged $23.5 million for the refinance of the Box House Hotel in the Greenpoint section of… Read more
MRC Closes on Mortgage Loan for Williamsburg MXU
Madison Realty Capital has closed a $31.49-million first mortgage loan collateralized by a mixed-use development at 744 Bedford Ave. in… Read more
Public Service Veteran Joins Navy Yard as COO
Michael Kelly has come to Brooklyn Navy Yard as COO and EVP. Kelly, who began his career as an architect,… Read more
Q&A with Lendlease’s Melissa Burch: Upside and Challenges in NYC Development
The headwinds facing developers in New York City are comparable to what Lendlease is seeing in other global gateway markets… Read more
Cuomo Pledges $250M More for NYC’s Public Housing
New York Gov. Cuomo has proposed an additional $250 million in the state budget to support the New York City… Read more
It’s 3 Months Running for Record Concessions in BK Apartments
Multifamily owners in Brooklyn offered concessions to new renters about 47.5% of the time in February, Miller Samuel reported last… Read more
Permits Filed for Brooklyn Armory Redevelopment
Permits to move forward on a 15-story apartment tower at the Bedford Union Armory in Brooklyn’s Crown Heights neighborhood have… Read more