Brooklyn Investment Sales Poised for Bull Run, Numbers Suggest
Brooklyn’s investment sales activity has been barreling ahead in 2023 despite myriad market forces in its path. New
Roy Rave’s Next Door Properties Acquires 8 Unit SRO Building In Crown Heights, Brooklyn For $725K
The property involved in this transaction is a multifamily building located at 108 Brooklyn Avenue in Crown Heights,
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
Cosentino, Norris, and Zimin of TerraCRG sell four buildings for $13.5 million
TerraCRG said that partner Matthew Cosentino has closed on four commercial buildings totaling $13.5 million over the last
TerraCRG Arranges $8M Sale of Two Multifamily Buildings in Brooklyn
NEW YORK CITY — Locally based brokerage firm TerraCRG has arranged the $8 million sale of two multifamily
TerraCRG Arranges $8M Sale of Two Multifamily Buildings in Brooklyn
NEW YORK CITY — Locally based brokerage firm TerraCRG has arranged the $8 million sale of two multifamily
Real estate transactions slow in Brooklyn
In the first quarter of 2023, 245 investment properties traded hands in Brooklyn, totaling $1 billion. Residential developments
Investment Sales Drop By Almost Half in Brooklyn in First Quarter
The dollar volume of Brooklyn’s real estate investment sales plummeted by nearly half in the first quarter of
TerraCRG completes $2.2 million sale of 119 42nd St. in Sunset Park
TerraCRG has completed the sale of 119 42nd St., a fully renovated commercial building, located in Sunset Park.
Brooklyn boom saw more than $9B in investment sales last year
New York’s real estate market had an up-and-down 2022, but investment sales in Brooklyn were one of the
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