Williamsburg
JLL Arranges $27M Refi of BK Resi Portfolio
JLL Capital Markets has arranged $27.7 million in financing to recapitalize a mixed-use residential and retail property portfolio in Brooklyn.… Read more
NYC MF Foundation Plan Filings Fall in March
The Real Estate Board of New York (REBNY) has published its March 2024 Multi-Family Foundation Plan Application Report, shedding light… Read more
Williamsburg Rental Property Lands $27M Refi
Broadway Brooklyn Acquisition has secured a $27 million loan to refinance 53 Broadway, a 74-unit multi-housing property in Williamsburg. Cathay… Read more
IPA Arranges $15M Refi for BK MF Property
IPA Capital Markets, a division of Marcus & Millichap, has secured $15.2 million refinancing for 68 Richardson St, a stabilized… Read more
Flora Salon Inks 3K-SF Lease in Williamsburg
Flora Salon has signed a 3,000-square-foot space at 89 Kent Ave in Williamsburg. The salon is set to debut in… Read more
Williamsburg MF Portfolio Sold for $9M
Dana Lowery of Edifice Management has acquired a multifamily portfolio in Williamsburg, comprising three multifamily buildings, from Gil Boosidan for… Read more
DCC Refis SoHo, Williamsburg Properties for $13M
Derby Copeland Capital (DCC), a New York City-based real estate investment platform, recently closed two loans totaling $12.5 million to… Read more
ESRT Buys Two Williamsburg Properties for $26M
Empire State Realty Trust (ESRT) has acquired two adjacent properties at the northeast corner of North 6th Street and Wythe… Read more
JV Secures $90M Refi for Williamsburg Mixed-Use Property
A joint venture led by Aurora Capital Associates, Midtown Equities, and ACHS Management has secured $90 million refinancing for 240… Read more
BK Affordable Housing Portfolio Lands $36M Refi
Grower Housing Development Fund Corporation has provided a $35.6 million loan to refinance a Section 8 affordable apartment portfolio in… Read more
Revel Relocates to Williamsburg with New Supercharging Station
Charney Companies and Tavros Capital have signed a lease agreement with electric vehicle company, Revel, to relocate its corporate headquarters… Read more
Bayport Funding Provides Bridge Loan for Bushwick Rental Development
Bayport Funding, a direct portfolio lender for real estate investors, has delivered a $7.02-million bridge loan to support the ground-up… Read more
AI Startup Altana Inks Lease with Rubenstein Partners in Williamsburg
Rubenstein Partners’ 25 Kent, a mixed-use office and light manufacturing building in Brooklyn’s Williamsburg neighborhood, signed a 20,874-square-foot, 10-year lease with Altana, an… Read more
Investment Sales Veteran Joins Alpha Realty with Focus on Brooklyn
Veteran broker David Marciano has joined Alpha Realty from Westbridge Realty Group. As a senior director, he will help grow… Read more
Connect Webinar Provides Insiders’ View of Rental Demand Drivers in NY Outer Boroughs
For an indicator of the outer boroughs’ appeal to apartment renters, consider the preferences expressed by Arch Companies’ younger employees.… Read more
JV Acquires 17-Property Apartment Portfolio Across Brooklyn
Walker & Dunlop created the joint venture to acquire the Williamsburg Portfolio, an approximately 180-unit multifamily portfolio which spans 173,000… Read more
B6 Markets Williamsburg Retail Building for Sale
B6 Real Estate Advisors will serve as the exclusive agents of sale for 87 Wythe Ave., a two-story, gut renovated, commercial… Read more
Ariel Closes Sales in Northern Manhattan, Bronx and Brooklyn
Ariel Property Advisors has arranged the sale of three properties for $13 million in Brooklyn, Upper Manhattan and the Bronx. … Read more
TF Cornerstone Expands in Williamsburg with Multifamily Buy
(Updated with additional information) Trinity Place Holdings Inc. has sold The Berkley, a 95-unit multifamily property in Brooklyn’s Williamsburg neighborhood,… Read more