Brooklyn Real Estate News

News, Events and Recent Closings

January 29, 2016

340 Wythe Avenue Sells for $7.5M

TerraCRG’s Ofer Cohen, Melissa Warren, Peter Matheos, Dan Marks and Michael Hernandez represented the buyer and the seller in the transaction. One of the partners

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January 28, 2016

TerraCRG Releases Annual Market Report: Brooklyn Commercial Sales Market Hits Record-Breaking Year in 2015

New York Real Estate Journal

TerraCRG has released their 2015 Year-End Brooklyn Market Report. The report thoroughly analyzes all of the commercial sales

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January 28, 2016

Team Ofer/Marks Retained to Sell Mixed-Use Building in North Williamsburg

Real Estate Weekly

TerraCRG announced the following exclusive sales assignments: • A mixed-use building at 191 Grand Street, in North Williamsburg.

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January 28, 2016

Team Hess Retained to Sell Five-Unit Multifamily Building

Real Estate Weekly

TerraCRG announced the following exclusive sales assignment: • A five-unit multifamily building at 493 Pacific Street, in Boerum

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January 28, 2016

“Perfect Storm” of 421a Expiration, Supply Glut Hanging Over Brooklyn Market

The Real Deal

Brooklyn’s commercial real estate market had a record year in 2015, but 2016 is looking a lot less

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January 28, 2016

On The Scene: TerraCRG in Prospect Heights

Real Estate Weekly

TerraCRG announced that they have been retained exclusively to sell a development site at 373 Prospect Place, located

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January 28, 2016

With Loss of 421a, Brooklyn Could See $3.5B Drop in Commercial Real Estate Sales

Commercial Observer

TerraCRG President Ofer Cohen addressed the issue at his firm’s annual end-of-year market report meeting this morning. Mr.

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January 28, 2016

Cosentino of TerraCRG Sells Restaurant Property – $3M; Sole Brokers of 1 Knickerbocker Avenue

New York Real Estate Journal

TerraCRG has completed the sale of 1 Knickerbocker Avenue, a corner building located in East Williamsburg/Bushwick. Matt Cosentino,

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January 28, 2016

TerraCRG Sets Sights on South Brooklyn

GlobeSt.com

TerraCRG has created a new investment sales team, focusing on multifamily, mixed-use and retail assets in South Brooklyn.

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January 8, 2016

TerraCRG Bolsters Sales Team

Real Estate Weekly

TerraCRG announced that Adam Courtney has joined Ofer Cohen and Dan Marks on their sales team as an

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January 8, 2016

TerraCRG Arranges $2.2M Sale of Mixed-Use Building in Brooklyn

RE Business Online

TerraCRG has arranged the sale of a mixed-use building located at 128-130 Cortelyou Road in Brooklyn’s Kensington neighborhood.

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January 8, 2016

Team Hess Marketing Prospect Lefferts Gardens Building

Real Estate Weekly

The corner mixed-use building at 425 Rogers Avenue in Prospect Lefferts Gardens. Adam Hess, Partner at TerraCRG, is

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January 8, 2016

TerraCRG in Gowanus

Real Estate Weekly

TerraCRG announced the following exclusive assignments: •The sale of two vacant commercial sites in Gowanus. Dan Marks, lead

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January 8, 2016

Adam Hess: What to Watch Out for in Brooklyn’s Multifamily Market

The Real Deal

Multifamily property sales in Brooklyn hit $1.96 billion in the first half of 2015, up 49 percent year-over-year

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January 8, 2016

Team Cosentino Sells Former Home of 1 Knickerbocker & Kings County Bars

Real Estate Weekly

The former home of 1 Knickerbocker Bar & Restaurant as well as Kings County Bar in East Williamsburg/Bushwick

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