Brooklyn
Big Zoning Changes in 2017
In neighborhoods across the New York City, Mayor Bill de Blasio plans to make big changes to the rules that… Read more
NYC Apartment Rents Stall
Manhattan still has some of the highest apartment rents in the U.S., but rents are growing much more slowly —… Read more
$6M for Greenpoint Property
Green Bush Realty sold its mixed-use property at the corner of Manhattan and Nassau Avenues in Brooklyn’s Greenpoint neighborhood for… Read more
High Prices in Williamsburg
A modest eight-unit apartment building in the Williamsburg neighborhood of Brooklyn sold for $4.45 million, or roughly half-a-million dollars per… Read more
TriBeCa is NYC’s Most Expensive Neighborhood
TriBeCa is now the priciest neighborhood in New York, according to data firm PropertyShark. The median sale price of a… Read more
Trump Son-in-Law Buys in DUMBO
The Jehovah’s Witnesses sold another piece of their Brooklyn real estate empire on December 21 to a group of developers… Read more
Rezoning May Transform Toxic Gowanus Canal
The putrid Gowanus Canal in Brooklyn may soon become a cleaned-up public waterfront, according to plan that includes public walkways,… Read more
No Luxury Residential Tower for Waterfront Site
Consolidated Edison is unlikely to sell its prime site on the waterfront in New York City’s Williamsburg neighborhood to a… Read more
HH Realty Acquires Brooklyn Funeral Home
Neiberg Midwood Chapel, a 75-year-old Jewish funeral home business in Brooklyn, was sold to HH Realty Equities for $6.8 million.… Read more
Construction Launched on $400M 25 Kent
Construction has begun on 25 Kent Avenue, a $400-million mixed-use development dubbed by some as the “biggest thing to happen… Read more
A Net Gain for Brooklyn
The NBA Brooklyn Nets basketball team might not be winners but for real estate In Brooklyn, they are a slam… Read more
$80M Brooklyn Portfolio Coming to Market
ZT Realty has hired Marcus & Millichap to market a Brooklyn multifamily portfolio consisting of assets in various neighborhoods including… Read more
Crown Heights MF Sells for $52M
Pacolet Milliken Enterprises, an investment company controlled by Milliken & Co., acquired an eight-story, 63-unit apartment building with retail from… Read more
Columbia Property Sells 80 Park Plaza for $175M
Columbia Property Trust, headquartered in Brooklyn, closed on the sale of 80 Park Plaza, a 973,000-square-foot office property in Newark,… Read more
NGKF Completes $122M Sale of CH2M Global HQ
NGKF completed the $122-million sale of CH2M’s global HQ in Englewood, CO. The buyer was New York-based Angelo, Gordon &… Read more
AECOM Proposes 246-Acre Development for Red Hook, NY
Engineering and construction company AECOM has proposed a 246-acre waterfront residential development in Brooklyn’s Red Hook area. AECOM envisioned the… Read more
Financing Enables Construction on $400M Brooklyn Office
A venture led by Rubenstein Partners LP and Heritage Equity Partners obtained necessary financing for construction on 25 Kent Avenue in… Read more
Brooklyn Jehovah’s Witness HQ Sells for $300M
CIM Group, Kushner Cos. and LIVWRK banded together to acquire the 739,000-square-foot Brooklyn headquarters of the Jehovah’s Witnesses. Watchtower Real… Read more