2014 Brooklyn Market Report – WSJ
Wall Street Journal
The number of Brooklyn commercial-property sales last year was about the same as in 2013, but the total
Deals & Dealmakers
TerraCRG announced the following exclusive assignments.
Checking In On 282 South 5th Street
Things must be moving along at 282 South 5th Street (formerly 287 Broadway), a residential building with community
Clinton Hill Loft Hits Market for $12M, Nearly Five Times the Last Sales Price
TerraCRG is marketing the five-story building at 25-27 Lexington Avenue between Grand and Classon Avenues with approved plans in place to
RedSky looks to double its money on Park Slope sale
The properties, which can be converted to condominiums hold a total of 45 apartments and two office units.
The Features
Adam J. Hess is Partner and Senior Vice President of Investment Sales at TerraCRG, where he heads the
Seller aims to double its money in Park Slope
Ofer Cohen, the president of TerraCRG, who will oversee the deal with colleague Adam Hess, touted the buildings'
Bed-Stuy tower yields owner a quick 50% return
The tallest privately owned building in Brooklyn's Bedford-Stuyvesant has sold for $13 million in the latest sign that
Movers and shakers
The Real Deal
Kirill Galperin joined TerraCRG as an associate.
Who’s News
Real Estate Weekly
TerraCRG announced that Kirill Galperin has joined the team as Multifamily and Mixed Use Associate.
Deals & Dealmakers
TerraCRG has been retained as the exclusive agent for the following properties-
Hess of TerraCRG secures sale for $4.159 million
Adam Hess, partner and senior vice president of TerraCRG, closed on the sale of the 4103 Seventh Ave.
TerraCRG marketing Myrtle Plaza retail
TerraCRG has been retained as the exclusive agent for all retail leasing at 531 Myrtle Avenue in Clinton
Brooklyn Museum Crosses the Borough with New Exhibit
“We are proud to support the Crossing Brooklyn exhibit at the Brooklyn Museum. It’s important for us to
Say Hello to Clinton Hill’s White Castle-Replacing Rentals
The boxy rental building is designed by AB Architekten—not, as previously thought, Karl Fischer—and will have 27 apartments and ground floor