Outer Boroughs
South Williamsburg Deal is Buyer’s First Foray into Luxury Rental
Hodges Ward Elliott (HWE) has arranged the sale of 424 Bedford Ave. in Brooklyn’s South Williamsbu...Read more
Spin Master Joins Cardinal Toys Division at LIC’s Factory
Canada-based Spin Master Corporation is moving its New York City headquarters to the Factory in Long...Read more
Pre-War Elevator Multifamily Fetches 3.3% Cap in Brooklyn
GFI Realty Services has finalized the $15.5-million sale of 2261 Ocean Ave., a six-story apartment b...Read more
Ashkenazy Picks Up Full Block of Retail in Sheepshead Bay
Ashkenazy Acquisition Corporation has closed on the $38.25-million purchase of a shopping center in ...Read more
Savanna Completes Upgrades at LIC’s Falchi Building
Savanna has completed a $20-million capital improvement plan at the Falchi Building, a five-story, 7...Read more
$132M in Bonds Go to Staten Island Hospital’s Upgrades
The modernization of Richmond University Medical Center on Staten Island has gotten $132 million in ...Read more
Multifamily in BK’s Cultural District Gets $32M Loan
HFF has arranged $32 million in financing for Jonathan Rose Companies’ Caesura, a newly-completed,...Read more
Greystone Arranges Fannie Mae Debt for Brooklyn Apts.
Greystone has provided $11,727,000 in Fannie Mae loans to refinance a portfolio of multifamily prope...Read more
Port Authority Brings Electric Buses to Airport Shuttle Fleet
The Port Authority of New York and New Jersey has agreed to procure 18 Proterra electric buses for s...Read moreBrooklyn, Queens Will See QOZ Investment, Says GFI
Crown Heights in Brooklyn and Far Rockaway in Queens, along with Harlem in Northern Manhattan, are e...Read more
Parcel with Approved Plans Trades in Astoria
Cushman & Wakefield has arranged the sale of 25-79 31st St., a 19,715-buildable-square-foot deve...Read more
Alchemy Acquires Bed-Stuy Multifamily Portfolio
Alchemy Ventures has purchased a nine-building multifamily portfolio in Brooklyn’s Bedford-Stuyves...Read more
Alexander’s Closes on $252M Refi of Queens Retail
Alexander’s Inc. has completed a $252.5-million refinancing of its 609,000-square-foot Rego Park I...Read more
Smart-Home Tech Powers Brooklyn’s Stanwix Rentals
Real estate startup Nooklyn will manage leasing at The Stanwix, reportedly Brooklyn’s first apartm...Read more
Advisory Committee Will Seek Community Input on HQ2
The city and state have formed a Community Advisory Committee (CAC) to share information and solicit...Read more
$102M PGIM RE Loan Buys Bay Ridge Affordable
PGIM Real Estate Finance has provided a $102-million Freddie Mac acquisition loan to Jonathan Rose C...Read more
Gotham Partners with Megachurch on East New York MXU
Christian Cultural Center, New York’s largest house of worship with 45,000 members, has formed a p...Read more
GFI Markets MXU on Brooklyn/Queens Border
GFI Realty Services is listing 1070 Cypress Ave., a mixed-use multifamily and retail building on the...Read more
Ariel Brings Downtown Brooklyn Parcel to Market
Ariel Property Advisors has been hired to sell 285-287 Livingston St., a development site at the cen...Read more