Outer Boroughs

1031 Deal Concludes with Far Rockaway Apartment Buy
A 1031 exchange that began with the sale of two properties elsewhere in Queens last summer has now c...Read more
$127M Financing Goes to Prospect Park Redevelopment
The redevelopment of a prewar mixed-use building on the northwest corner of Prospect Park in Brookly...Read more
Bulova Campus in Woodside Sells to Terreno REIT
Terreno Realty Corp. has acquired Bulova’s corporate campus in the Woodside section of Queens from...Read more
XX House, Hub for Female Leaders, to Reside in Williamsburg
A members-only community for female leaders and creators, The XX House, has leased 15,479 square fee...Read more
MRC Turns Around 1st Mortgage on Ridgewood MXU
Madison Realty Capital delivered a financing solution for borrower AB Capstone within seven days, cl...Read more
Multi-Level Air Cargo Facility Coming to JFK
New York City will be getting its first multi-level, multi-tenant air cargo and distribution facilit...Read more
Landmarks Commission Moves to Streamline Process
New York City’s Landmarks Preservation Commission has scheduled a March 27 hearing on proposed cha...Read more
$233K-Per-Unit for Midwood Apartments and Retail
A local investor paid $1.4 million for a two-story building with five large apartments and 850-squar...Read more
Brooklyn Tops in U.S. for Gentrification Since 2000
Brooklyn includes some of the places that have gentrified the most in the U.S. since 2000, according...Read more
Multifamily Developer Buys Site in Astoria at 11-35 31st Dr.
Blue Mountain Capital, LLC paid $8.2 million to buy the development site at 11-35 31st Dr. in the As...Read more
Andrew R. Judd Joins NAIOP Board
Andrew R. Judd, managing principal and market leader of the New Jersey Region for Cushman & Wake...Read more
$42.1 Construction Financing for 70 Schermerhorn
Developers borrowed $42.1 million from Bank of the Ozarks, plus joint venture equity from a fund man...Read more
“Creative Office” Redevelopers Pay $39M for Long Island City Industrial
Developers paid $39.1 million for an industrial building at 25-11 49th Ave. in the Long Island City ...Read more
Grocery Store for “Food Desert” at Lighthouse Point
Lighthouse Point Market has leased 7,000 square feet of space at Lighthouse Point, Phase I, a 12-sto...Read more
$13M for Development Site in Ocean Hill
Investors paid $12.8 million for a 20,000-square-foot development site at 1508 Herkimer St. in the O...Read more
$38M Loan to Buy Gowanus Development Site
The Domain Companies, an apartment developer, borrowed a total of $38 million to buy 420 Carroll St....Read more
Sam Chang Borrows $17M to Buy and Complete Half-Finished Hotel
Sam Chang’s McSam Hotel Group borrowed $16.5 million from Madison Realty Capital (MRC) to buy a de...Read more
Starz Entertainment Leases 11K-SF for Show Business Gear
Starz Entertainment, the popular TV network, leased 11,000 square feet at 1778 Pacific St., a 220,00...Read more
Developers Pay $6.7M to the 5Pointz Graffiti Artists
A federal judge awarded $6.7 million to 21 graffiti artists who once covered the 5Pointz building in...Read more