News

April 28, 2012

Hess and Colleran of TerraCRG rep buyer and seller in $6.3 million portfolio sale

“There are not a lot of available sites on prime retail corridors in Brooklyn that give a buyer

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April 28, 2012

New Nets Arena Attracts Stores, Eateries

“Rents are skyrocketing from $50 a square foot five years ago to as much as $200 a square

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April 28, 2012

Bergen Street Land Fetches Premium Price

TerraCRG sells vacant residential land for $2.7 Million.

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April 28, 2012

Brooklyn Could See Retail Boom

“It really sets the tone for the kind of retail that would make sense, as well as the

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March 28, 2012

A Rental Market Surge In Brooklyn

Ofer Cohen, the founder and president of TerraCRG, estimates Brooklyn rents will climb another 5 percent to 10

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March 28, 2012

New Owner to bring stalled South Slope Condo Back to Life As Rental

“The complete foundation in place definitely added a premium to the purchaser’s price. Builder’s in today’s market are

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March 28, 2012

TerraCRG brokers $2.75 Million Sale of 22,270 SF Development Site

The development site was marketed TerraCRG during the last quarter of 2011 and went into contract in Nov.

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March 28, 2012

Boutique Park Slope Rental Development For Sale

A boutique condo-turned-rental development at 137 Fifth Avenue in Park Slope has hit the market this week with

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March 28, 2012

In Barclays Center’s Shadow, Awaiting What’s Next

They have not set a price for the property. “Conditions in the area are changing so quickly, that

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February 28, 2012

Before a Dribble, Real Estate Scores Points

Commercial rents generally range between $75 and $150 a square foot depending on proximity to the complex and

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February 28, 2012

Brooklyn Arena Pulls More Retail

"Up until a year ago, people didn't know if they could finish the arena. It's going to unfold

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February 28, 2012

Bids Sought for 3 Building Conversion Project in Fulton Ferry Landing

“The area, including nearby DUMBO, has remained a highly sought-after neighborhood over the last decade, consistently fetching the

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February 28, 2012

Brooklyn ‘courts’ More tourists with Barclays Center Venue

"There are new restaurants coming and rumored to include big New York chefs. It gives people a reason

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January 28, 2012

Bowing to Change

"It's going to look like Brooklyn's interpretation of Madison Square Garden" said Geoffrey Bailey of real-estate service firm

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January 28, 2012

Century-Old Sporting Store is Latest Barclays Casualty

Triangle Sports owners felt it would be best to sell their property. Vice President of Retail Services Geoffrey

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