Recent Commercial Real Estate Transactions
The New York Times
Recent Lease $34/SQ. FT. $212,500 approximate annual rent 31 Washington Street (between Plymouth and Water Streets) Brooklyn B-Reel,
Dreamland: Inside Coney Island’s Mini Development Boom
Commercial Observer
After years of decline, Coney Island, Brooklyn — home of the Cyclone roller coaster and annual hot dog
Marks, Matheos and Rafter of TerraCRG reps seller in $3.725M sale of 17,600 s/f Brooklyn development site
NYREJ
TerraCRG has completed the $3.725 million sale of 55-61 Summit St. – a 17,600 buildable s/f development site
What is a 1031 Exchange?
TerraCRG
LEASES: TerraCRG has announced the completion of three office leases in DUMBO
Real Estate Weekly
TerraCRG has announced the completion of three office leases in DUMBO – two at 55 Washington Street and one
TerraCRG Hires Marcus & Millichap Exec to Head Multifamily Division
Commercial Observer
Brooklyn-based brokerage TerraCRG has tapped the regional manager of Marcus & Millichap’s Boston office, Tim Thompson, to head up its multifamily investment
Creative Agency Leads Trio of Dumbo Leases
Commercial Observer
Two creative agencies and a real estate investment company recently inked a trio of leases across two neighboring properties in
‘Hopefully The Timing Is Right’ Revamped Watchtower Complex Hopes To Bag An Anchor
Bisnow
For decades, the inside of Brooklyn’s famed Watchtower building was mostly hidden from public view — a private
Barneys Closure Will ‘Leave Big Shoes to Fill’ on Atlantic Avenue in Boerum Hill
Brownstoner
Unlike fine dining, luxury retail isn’t doing so hot in brownstone Brooklyn. Barneys on Atlantic Avenue will close,
ON THE SCENE: TerraCRG announced the sale of 55-61 Summit Street
Real Estate Weekly
TerraCRG announced the sale of 55-61 Summit Street, a 17,600 BSF development site in the Columbia Street Waterfront
Financially strapped Brookland Capital sheds another Brooklyn development site
The Real Deal
Local developer Serabjit Singh is buying 257 Washington Avenue in Clinton Hill from the troubled development firm for
These were the top 10 NYC retail leases in July
The Real Deal
6) Venn City, 10-22 Wyckoff Avenue, Ridgewood – 7,975 square feet The co-living space signed a lease for
Amazon Rumored to Be Looking at Industry City for New Logistics Facility
Commercial Observer
“Where can they actually go that can provide the scale of property that they need?” asked Dan Marks, a
Industrial sector props up Brooklyn’s lackluster sales
Real Estate Weekly
“The decline in volume is clearly focused solely on the rent-stabilized Multifamily segment,” said Ofer Cohen, Founder &
Brooklyn real estate: the cachet of cool at lower prices
Crain's New York Business
The borough is seen as the capital of creative talent in the design, media and tech fields, says