Brooklyn Real Estate News

News, Events and Recent Closings

June 28, 2012

Brooklyn in the Middle of a Boom, Say Speakers at 2012 Real Estate Summit

TerraCRG Brooklyn Real Estate Summit.

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June 28, 2012

Drooling over Bushwick

“Investors and developers are looking to follow the L and M trains for investment opportunities,” said Matthew Cosentino,

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May 29, 2012

A Rental Market Surge in Brooklyn

The New York Times

The market for multifamily buildings in Brooklyn has been heating up over the last year. But the recent

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May 28, 2012

Good News! 538 Washington Avenue Has a New Owner

TerraCRG Sells Development Site with Approved Plans for a five-story, eight unit residential building.

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May 28, 2012

Two Commercial Condos Hit Downtown Brooklyn Market

“With shrinking inventory of institutional-grade retail properties in Brooklyn we see this as a great time to bring

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May 28, 2012

40,000 SF Industrial Building Sells in Brooklyn

Ofer Cohen and Melissa DiBella of TerraCRG Represent seller in $5M Industrial Building Sale.

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May 28, 2012

Hess of TerraCRG Brokers $4.4 Million Brooklyn Sale

“This transaction is interesting as it is the first investment property the purchaser has bought in seven years.

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April 28, 2012

Hess and Colleran of TerraCRG rep buyer and seller in $6.3 million portfolio sale

“There are not a lot of available sites on prime retail corridors in Brooklyn that give a buyer

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April 28, 2012

New Nets Arena Attracts Stores, Eateries

“Rents are skyrocketing from $50 a square foot five years ago to as much as $200 a square

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April 28, 2012

Bergen Street Land Fetches Premium Price

TerraCRG sells vacant residential land for $2.7 Million.

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April 28, 2012

Brooklyn Could See Retail Boom

“It really sets the tone for the kind of retail that would make sense, as well as the

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March 28, 2012

A Rental Market Surge In Brooklyn

Ofer Cohen, the founder and president of TerraCRG, estimates Brooklyn rents will climb another 5 percent to 10

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March 28, 2012

New Owner to bring stalled South Slope Condo Back to Life As Rental

“The complete foundation in place definitely added a premium to the purchaser’s price. Builder’s in today’s market are

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March 28, 2012

TerraCRG brokers $2.75 Million Sale of 22,270 SF Development Site

The development site was marketed TerraCRG during the last quarter of 2011 and went into contract in Nov.

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March 28, 2012

Boutique Park Slope Rental Development For Sale

A boutique condo-turned-rental development at 137 Fifth Avenue in Park Slope has hit the market this week with

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