Brooklyn Real Estate News

News, Events and Recent Closings

July 15, 2022

TerraCRG Puts Red Hook Industrial Under Contract

ConnectCRE

TerraCRG has put 238 Conover St., a commercial/industrial property in Red Hook, Brooklyn, into contract. Partners Dan Marks

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July 12, 2022

TerraCRG Arranges $10.2M Sale of Warehouse in Brooklyn’s Red Hook District

REBusiness Online

NEW YORK CITY — Locally based brokerage firm TerraCRG has arranged the $10.2 million sale of a 68,000-square-foot

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July 6, 2022

Red Hook industrial site sold for $10.2 million

New York Business Journal

A block-wide industrial warehouse located in the Red Hook section of Brooklyn has sold for $10.2 million dollars.

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July 6, 2022

Key Red Hook Industrial Site Sells Full Square Block for $10 Million

Brooklyn Eagle

Brooklyn's leading commercial real estate brokerage firm has closed on the $10,230,000 sale of 202 Van Dyke St.,

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July 5, 2022

Brooklyn Looks Immune to Wider Industrial Market Uncertainty

Commercial Observer

The commercial real estate industry has been buzzing. News of large e-commerce and logistics companies pulling back on

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June 15, 2022

The 421-a Apartment Development Tax Break Is Officially Dead

Bisnow

New York’s 421-a tax break, which allows developers to pay less in taxes in exchange for including income-restricted units

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June 15, 2022

BNP Paribas opens redesigned office building in Midtown (plus other NYC-area real estate news)

New York Business Journal

Two neighboring residential development sites in East Williamsburg, Brooklyn, have sold for $5.45 million. They include the $2.35

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June 15, 2022

Crown Heights five-lot development site comes to market

New York Business Journal

A five-lot development site in Brooklyn has reached the market after brokerage TerraCRG has been retained to sell

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June 15, 2022

Dead and buried: 421a is gone. Will it ever return?

The Real Deal

The mad rush to qualify projects is over, and with the property tax break 421a expiring today, New York developers

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May 15, 2022

TerraCRG & Compass Sell $5.45M Neighboring Residential Development Sites in East Williamsburg

Real Estate Weekly

TerraCRG, Brooklyn’s leading commercial real estate brokerage firm, has closed on the $2,350,000 sale of 30 Bushwick Avenue, a residential development site in East Williamsburg. TerraCRG Partner Daniel

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April 29, 2022

Brooklyn Investment Sales Surpass Pre-Pandemic Levels with $2 Billion in First Quarter

Real Estate Weekly

TerraCRG, Brooklyn’s leading investment sales firm, released its quarterly Brooklyn Market Report today, analyzing investment sales transactions by

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April 5, 2022

Here’s why Demand for 421-A Eligible Properties is Rising

New York Business Journal

New York City developers are wasting no time grabbing development sites and properties eligible for the 421-a tax

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March 29, 2022

TerraCRG Sells $42 Million Multifamily Portfolio in Midwood

Real Estate Weekly

TerraCRG, Brooklyn’s leading commercial real estate brokerage firm, has closed on the $41,880,000 sale of four elevator multifamily

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March 28, 2022

TerraCRG in $42M Sale of Brooklyn Apartment Portfolio

Connect CRE

Brooklyn market specialist TerraCRG has closed on a $41.88 million sale of four elevator multifamily buildings in Midwood.

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March 28, 2022

Midwood Building Portfolio Sold for $41M

New York Business Journal

A multifamily portfolio spanning four buildings in the Midwood section of Brooklyn has been sold for $41.8 million,

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