Company News

June 15, 2022

Crown Heights five-lot development site comes to market

New York Business Journal

A five-lot development site in Brooklyn has reached the market after brokerage TerraCRG has been retained to sell

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June 15, 2022

Dead and buried: 421a is gone. Will it ever return?

The Real Deal

The mad rush to qualify projects is over, and with the property tax break 421a expiring today, New York developers

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May 15, 2022

TerraCRG & Compass Sell $5.45M Neighboring Residential Development Sites in East Williamsburg

Real Estate Weekly

TerraCRG, Brooklyn’s leading commercial real estate brokerage firm, has closed on the $2,350,000 sale of 30 Bushwick Avenue, a residential development site in East Williamsburg. TerraCRG Partner Daniel

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April 29, 2022

Brooklyn Investment Sales Surpass Pre-Pandemic Levels with $2 Billion in First Quarter

Real Estate Weekly

TerraCRG, Brooklyn’s leading investment sales firm, released its quarterly Brooklyn Market Report today, analyzing investment sales transactions by

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April 5, 2022

Here’s why Demand for 421-A Eligible Properties is Rising

New York Business Journal

New York City developers are wasting no time grabbing development sites and properties eligible for the 421-a tax

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March 29, 2022

TerraCRG Sells $42 Million Multifamily Portfolio in Midwood

Real Estate Weekly

TerraCRG, Brooklyn’s leading commercial real estate brokerage firm, has closed on the $41,880,000 sale of four elevator multifamily

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March 28, 2022

TerraCRG in $42M Sale of Brooklyn Apartment Portfolio

Connect CRE

Brooklyn market specialist TerraCRG has closed on a $41.88 million sale of four elevator multifamily buildings in Midwood.

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March 28, 2022

Midwood Building Portfolio Sold for $41M

New York Business Journal

A multifamily portfolio spanning four buildings in the Midwood section of Brooklyn has been sold for $41.8 million,

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March 25, 2022

Shuttered Williamsburg Key Food Readies for Multifamily Dev

The Real Deal

A Williamsburg property is shedding its mob ties and moving forward with a project from a different developer.

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March 24, 2022

SCALE Lending Supplies $87M Loan for Williamsburg Multifamily Project

Commercial Observer

Goose Property Management has snagged $86.7 million of financing for the acquisition and construction of multifamily development at a

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March 22, 2022

Park Slope Mixed-Use Properties Sold for $5.3 Million

New York Business Journal

Two mixed-use properties in Park Slope have sold for $5.3 million, or $892 per square foot, according to

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February 8, 2022

How Pandemic Price Increases Pushed Rents in Greenpoint Sky High

Commercial Observer

Few outer-borough neighborhoods have mirrored Manhattan’s mercurial rise and fall in apartment rents during the pandemic quite like

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January 5, 2022

TerraCRG closes on sale of $102 million site in Gowanus

Brooklyn Daily Eagle

505,000-square-foot project fronting the Gowanus Canal marks the largest Brooklyn residential site transaction in 2021 TerraCRG, Brooklyn’s leading

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November 17, 2021

CRE Brokers Feel ‘More Hope In The Air’ As New Challenges Set In

Bisnow

After nearly two years of frozen deals, delayed decisions and gun-shy buyers and sellers, many of the nation's

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November 4, 2021

As Amazon Shifts To Owning Its Warehouses, Developers ‘Leery’ Of Entering Lease Talks

Bisnow

Industrial owners and brokers reacted to the news that Amazon is moving toward owning more of its distribution

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