Outer Boroughs Commercial Real Estate News

202 Van Dyke Street, a multi-tenant industrial property in Brooklyn's Red Hook neighborhood, has sold in a transaction arranged by TerraCRG

Multi-Tenant Red Hook Industrial Trades to LLC

By Paul Bubny | July 05, 2022 TerraCRG closed on the $10,230,000 sale of 202 Van Dyke St., a block-wide, multi-tenanted industria...Read more

BRP Companies has obtained construction financing on 90Ninety, a $378-million mixed-income housing development in Jamaica, Queens

BRP, Basis Investment Line Up Financing on $378M Jamaica Development

By Paul Bubny | July 05, 2022 BRP Companies has secured construction financing for 90Ninety, a mixed-income housing development i...Read more

RiseBoro Community Services and Blackstone's April Housing have reached an agreement over affordable housing in the Bushwick neighborhood of Brooklyn

RiseBoro Reaches Agreement with Blackstone’s April Housing

By Paul Bubny | July 04, 2022 RiseBoro Community Partnership has reached an agreement with Blackstone, through its affordable hou...Read more

Dwight Mortgage Furnishes Acquisition Debt on Queens Apartments

By Paul Bubny | June 30, 2022 Dwight Mortgage Trust provided a $22.2-million bridge acquisition loan for Queens Village Apartment...Read more

Multi-Story Red Hook Industrial Trades for $330M

By Paul Bubny | June 29, 2022 (Updated with additional information) 640 Columbia St., a 400,000-square-foot, fully leased logi...Read more

New Empire CEO Bentley Zhaop says the new Woodside condo development will be 'a value-add property to the community.

New Empire Snags Woodside Site for Future Condos

By Paul Bubny | June 28, 2022 New Empire Corp. (NEC) has acquired a rare corner development site at 58-01 Queens Blvd. In Queens�...Read more

Launchjed on the West Coast, the AFURI restaurant chain is coming to Brooklyn

Cresa Brings Japanese Restaurant Chain to Brooklyn

By Paul Bubny | June 27, 2022 Cresa advisor Elisa W. Tsai and principal Thomas P. Sullivan have arranged a 10-year lease for AFUR...Read more

Arch Companies' boutique condominium development at 550 Metropolitan Ave. in Brooklyn's Williamsburg neighborhood is 100% sold out

Arch Reaches Sellout on Williamsburg Luxury Condos

By Paul Bubny | June 26, 2022 Arch Companies said all units have been sold at its 550 Metropolitan Ave. boutique luxury residenti...Read more

Transportation, Warehousing Sector Leads NYC in Jobs Recovery

By Paul Bubny | June 26, 2022 New York City’s transportation and warehousing sector regained 82% of its pandemic job losses as ...Read more

A Newmark team led by Brian Waterman has arranged 66,000 square feet of leases at The Factory LIC, a creative office campus in Long Island City

Newmark Tallies 66K SF of Leases at The Factory LIC

By Paul Bubny | June 23, 2022 Newmark recently completed several leasing transactions totaling nearly 66,000 square feet at The F...Read more

Astoria West is Cape Advisors' first multifamily development in Queens

Cape Advisors’ Astoria West Multifamily Launches Leasing

By Paul Bubny | June 22, 2022 Cape Advisors has launched leasing for its new, ground-up rental property, Astoria West. Situated a...Read more

Thorofare Capital provided $16.8 million for the acquisition and renovation of 69-30 Austin St. in Forest Hills, Queens

Thorofare Provides Acquisition Financing on Forest Hills Mixed-Use

By Paul Bubny | June 21, 2022 Thorofare Capital, Inc. provided $16.8 million in financing to LTNG, Crown Acquisitions and Forest ...Read more

AHRC Sells Former Weinberg Center in LIC

By Paul Bubny | June 20, 2022 Nonprofit AHRC New York City and its broker Denham Wolf Real Estate Services have sold 32-03 and 31...Read more

Compass' Adelaide Polsinelli is marketing a 14-unit apartment property in Brooklyn's Park Slope neighborhood

Compass’ Adelaide Polsinelli Lists Park Slope Apartments

By Paul Bubny | June 19, 2022 Vice chairman Adelaide Polsinelli of Compass has been hired to market for sale a 14-unit residentia...Read more

NY 148 N. 10th St. Williamsburg Brooklyn

Meridian Closes Off-Market Deal for 421-a Williamsburg Multifamily

By Paul Bubny | June 16, 2022 Meridian’s Chirag Doshi and Amit Doshi recently sold 144-148 N. 10th St., a 22-unit multifamily p...Read more

NY 600 Long Wharf, New Haven, CT Critertion Group

Criterion Spends $45M to Acquire Industrial Outdoor Storage Properties in Eight States

By Ted Jackson | June 15, 2022 Criterion Group, a Queens-based investor and developer with 20 years of experience building across ...Read more

RIPCO Real Estate has been hired to sell 47-16 Austell Place, also known as the Zipper Building, in Long Island City

RIPCO Lists Long Island City’s Zipper Building

By Paul Bubny | June 14, 2022 RIPCO Real Estate has been selected to handle the sale of 47-16 Austell Pl., also known as The Zipp...Read more

Boroughs-Brooklyn_from_the_Air-Connect-Media-820×510-1.jpg

TerraCRG Markets Crown Heights Development Assemblage

By Paul Bubny | June 13, 2022 TerraCRG has been retained exclusively to sell 701 Prospect Pl., a five-lot development assemblage ...Read more

Ariel Property Advisors recently closed $24 million in loans on eight properties in Manhattan and Brooklyn

Ariel Arranges $24M in Loans on Brooklyn, Manhattan Properties

By Paul Bubny | June 11, 2022 Ariel Property Advisors’ Matthew Dzbanek and Matthew Swerdlow recently arranged more than $2...Read more

Extelll Development has acquired the lease of a downtown Brooklyn development site at 356 Fulton St.

Extell Takes Over Brooklyn Development Site from Feil Organization

By Paul Bubny | June 09, 2022 JLL Capital Markets arranged the lease of a shovel-ready 450,000-square-foot development site at 35...Read more

STAY INFORMED

Outer Boroughs