TerraCRG’s Ofer Cohen Wants to Build Housing in Brooklyn — A Lot of It
Commercial Observer
Not long after TerraCRG founder Ofer Cohen passed the baton to a new CEO, Dan Marks, the 20-year Brooklyn real estate veteran is
TerraCRG, Totem execs team up to try their own housing crisis solution
The Real Deal
TerraCRG’s Ofer Cohen — who recentlystepped aside as CEO — is teaming up with Totem’s Vivian Liao and
Brooklyn Real Estate Leaders Launch Housing Creation Platform to Tackle NYC’s Affordability Crisis
PR Newswire
BROOKLYN, N.Y., May 13, 2024 /PRNewswire/ -- Ailanthus, a new housing creation platform that aims to create 10,000 new units
Whole new world: How NYC values 421a, 485x sites now
The Real Deal
When Gov. Kathy Hochul resuscitated a near-death development market two weeks ago, brokers’ phones started ringing. And they haven’t stopped.
Honey, I shrunk the deals: Brooklyn investment sales volume down 34%
The Real Deal
Brooklyn investment sales were a third smaller last quarter, dragged down by interest rates and government regulations. While
Christopher Merone Acquires Development Site On Union Street In Gowanus For $4M
Traded
548-550 Union Street, located in Gowanus, Brooklyn, was sold for $4,000,000. Read more click here.
Terra CRG Brokers Acquire East Williamsburg Commercial Property For $8M
The commercial property located at 25 Knickerbocker Avenue in East Williamsburg, Brooklyn has been sold for a total
Avi Ben Hamo Acquires Mixed-Use Property On 731 Washington Avenue, Crown Heights For $3M
Located at 731 Washington Avenue in Crown Heights, Brooklyn, this mixed-use property recently changed hands in a sale transaction. Read
Brooklyn Investment Sales Activity Saw Uptick in Second Quarter: TerraCRG
“Spread love, it’s the Brooklyn way,” The Notorious B.I.G. famously noted, and when it came to investment sales
Gowanus has a 421a workaround. Why aren’t developers excited?
Multifamily developers in Gowanus now have an alternative property tax break, but that does not mean they will
Douglaston Development Buys BK Development from BEB for $66M
Douglaston Development has acquired a 474,000-square-foot mixed-income housing development site in Bedford-Stuyvesant, Brooklyn, from BEB Capital for $66
137 New Affordable Units Coming To Bed-Stuy In Massive Development
BED-STUY, NY — Some 137 new affordable units will hit Bed-Stuy by 2025 after developers grabbed a 17-story
Douglaston Acquires Bed-Stuy Site, Lands $185M Loan To Start Construction
Longtime New York multifamily developer Douglaston Development has acquired a development site in Brooklyn and landed a construction loan to build
Multifamily developers who counted on 421a search for plan B
The Real Deal
Developers admitted taking a “leap of faith” when they pitched a $2 billion transformation of five blocks of
TerraCRG sells adjacent mixed-use buildings for $5.37 million
NYREJ
Brooklyn, NY TerraCRG, a leading commercial real estate brokerage firm, has closed on the sale of two individual