Brooklyn
New Ammunition for Housing Advocates
One-in-five students (20%) in the public school system was homeless in the Highbridge and Grand Concourse neighborhoods of the Bronx… Read more
$30M for Midtown East Jewel + Air Rights
The re-zoning of Midtown East is already paying off for the sellers of 11 E. 51st St., a six-story landmark… Read more
Construction Begins on Brooklyn Supportive Housing
Comunilife and NYC Health + Hospitals broke ground August 16, 2017, on the construction of a new six-story residential building… Read more
States Fight for Biotech Start-Up
Both New Jersey and New York won the battle to provide space to Modern Meadow, a “biofabrication” company with a… Read more
$171M for Downtown Brooklyn Office Tower
CIM Group agreed to pay $171 million for 16 Court St., a 317,600-square-foot office tower in Downtown Brooklyn. The seller,… Read more
Kushner’s Dumbo Heights Nearly Full
There is just 90,000 square feet of office space available to rent at Dumbo Heights, a 1.2-million-square-foot office and retail… Read more
Industry City Gets BSE Headquarters
Brooklyn Sports & Entertainment (BSE) will move its corporate office to 70,000-square-foot space at Industry City, the giant mixed-use complex… Read more
$6M for Greenpoint Development Site
More big buildings are coming to Brooklyn’s Greenpoint neighborhood. A private developer planning a mix-used project paid $6 million for… Read more
Top 10 Brooklyn Deals Add Up to $468M
The 10 biggest real estate deals in Brooklyn in the second quarter reportedly add up to $468.3 million, according to… Read more
$119M Loan for Sitex Industrial
Sitex Group borrowed $119 million to buy and reposition a portfolio of industrial properties in the Red Hook neighborhood of… Read more
150 Brokers Visit 25 Kent
On July 26th, 150 real estate brokers gathered at two receptions on rooftops overlooking the construction site of 25 Kent… Read more
New Plan for 450K-SF Office Tower in Downtown Brooklyn
JEMB Realty Corporation has taken possession of the site at 420 Albee Sq. in Downtown Brooklyn where it will build… Read more
Fertility Practice Grows at Midtown Manhattan Tower
Reproductive Medicine Associates of New York signed an early lease renewal, restructure and expansion at 635 Madison Avenue in NY… Read more
$500-Per-SF for Vacant Mixed-Use in Lefferts Gardens
A vacant, mixed-use building in the Prospect Lefferts Gardens neighborhood of Brooklyn sold for $2.5 million. “We received a great… Read more
$28M Refi for Boerum Hill Mixed-Use
The owners of a mixed-use building in Brooklyn’s Boerum Hill neighborhood have refinanced with a $28-million, fixed-rate, interest-only loan that… Read more
MF Investment Sales Begin to Recover
Investors spent more money to buy apartment properties in the second quarter of 2017 compared to the first quarter —… Read more
400 New Affordable Homes on City-Owned Lots
Developement teams announced on July 24, 2017 they will build more than 400 affordable homes on 67 small, vacant, city-owned… Read more
Another Prize for Toll Brothers’ Developments
The Pierhouse condominiums and 1 Hotel Brooklyn Bridge have won the National Grid Award for Energy Efficiency at the Building… Read more