Brooklyn
$12M Construction Loan for 19 Condos in Williamsburg
A developer received $12.2 million in construction financing to build a seven-story residential building at 305 Union Ave. in Brooklyn’s… Read more
Record-Breaking Sale in Bensonhurst
A private investor paid $3 million for two mixed-use buildings in the Bensonhurst neighborhood of Brooklyn. “We received an overwhelming… Read more
$4M for 16 Brooklyn Apartments
M&M 369 Realty paid $3.95 million for 369 Ocean Ave., a pre-war apartment building in the Prospect Park South neighborhood… Read more
Brooklyn, City of Artists
Despite rising rents, more artists now live in New York City than ever before — they just live in different… Read more
Prices Rise Most in Most Expensive Neighborhoods
High prices got higher in the second quarter in New York City’s most expensive residential neighborhoods. Median sale prices trended… Read more
Toll Brothers Takes Home the Gold
Toll Brothers struck gold with its new, residential building in Manhattan. Its 18-story tower, at 121 E. 22nd St. in Manhattan’s… Read more
Permanent Financing in Midwood from Balance Sheet Lender
A local investor borrowed $19 million to refinance 1122 Chestnut Ave., a seven-story apartment property in Brooklyn’s Midwood neighborhood. “1122… Read more
Apartment Prices Up 22% in Brooklyn
The price of the average Brooklyn apartment was $896,204 in the second quarter. That’s down a little from $947,732 in… Read more
JLL Arranges $150M Bridge Financing for Brooklyn’s 10 Jay Street
New York-based Glacier Global Partners and Triangle Assets secured $150-million in bridge financing for 10 Jay Street in Brooklyn. Acore… Read more
Brooklyn Retail on the Tipping Point
Brooklyn’s retail sector has reached a “tipping point,” according to “Brooklyn: Residential Construction Boosts Retail,” the latest research report from… Read more
$270M for 911 Apartments at Rheingold Brewery
All Year Management borrowed $270 million to build 911 new apartments on the site of the former Rheingold Brewery in… Read more
Ferry Ridership Exceeds Expectations
Developers take notice — more New Yorkers are eagerly riding the new ferry lines connecting growing neighborhoods along the Brooklyn… Read more
$6M for a Public Plaza at 300 Ashland
Developer Two Trees Management spent $6 million to build the public plaza that opened June 28 at 300 Ashland in… Read more
Small Apartment Properties Get $22M Refi
Local property owner Yoel Goldman received $22 million in loans for a dozen small apartment properties in Brooklyn, NY. That… Read more
Navy Yard Hub for Virtual Reality and Augmented Reality
New York University Tandon School of Engineering will develop and operate a 15,000-square-foot hub for virtual reality and augmented reality… Read more
403 Apartments Stay Affordable in Sunset Park
New buyers have a plan to keep the rents affordable at 403 apartments in 42 buildings in the Sunset Park… Read more
35K New Apartments for NYC
Developers will open more than 35,000 new apartments in New York City in 2017. Many of these are squeezed into… Read more
Virtual Reality Comes to Brooklyn
A new kind of retail experience is coming to 537 Atlantic Ave. in the Boerum Hill neighborhood of Brooklyn. YokeyPokey… Read more
Brooklyn Pro Joins Ariel
Sean Kelly joined Ariel Property Advisors in its New York office as a Senior Director in the Investment Sales Division,… Read more