Brooklyn Real Estate News

News, Events and Recent Closings

June 22, 2021

A second location? During a pandemic? It’s within reach for some businesses

MarketPlace

Bavishi’s broker Peter Schubert, the managing director for commercial leasing at TerraCRG, estimates that between 10% and 20%

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February 18, 2021

Post-Pandemic Recovery: What Does the Future Hold for Downtown Brooklyn?

Bklyner

As the coronavirus swept across New York, images of a deserted midtown Manhattan became emblematic of the pandemic’s devastating economic

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February 18, 2021

TerraCRG facilitates sales of four Brooklyn properties – $10.5 million total

NYREJ

TerraCRG has closed on the sale of four properties across the borough totaling $10.5 million. Despite the lingering

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February 18, 2021

Recent Commercial Real Estate Transactions

Recent Sale $2.5 MILLION 285 Quincy Street (between Nostrand and Marcy Avenues) Brooklyn This five-story, 32,000-square-foot building in Bedford-Stuyvesant

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February 18, 2021

3 multifamily buildings sell in Brooklyn for $8.5 million

New York Business Journal

Three multifamily buildings in Brooklyn traded hands in the span of a month recently, with sales totaling $8.5

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February 4, 2021

Subject to Inspection: Brooklyn Spaces and Issues

Brooklyn Daily Eagle

Are the green shoots of economic recovery pushing through a thawing real estate market in Brooklyn? The COVID-19

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February 4, 2021

Cortelyou Road Site Sold, Paving Way for New Development

Bklyner

The commercial real estate firm TerraCRG announced in a press release that 1020 Cortelyou Road, located between Stratford Road and

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February 4, 2021

ON THE SCENE: Roundup of middle market sales, exclusives

Real Estate Weekly

Klosed Properties has acquired 285 Quincy Street in Brooklyn for $2,500,000. The 21-unit, rent stabilized multifamily property is almost

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February 4, 2021

Developer buys Brooklyn site for $2 million with plans for mixed-use project

New York Business Journal

The buyer is planning a mixed-use building with residential and retail at the site. Read the full article

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February 2, 2021

Marks, Lebor and Finnerty of TerraCRG exclusively sells retail building in Brooklyn for $3.15 million

NYREJ

TerraCRG closed on the sale of a retail building at 5501Glenwood Rd. in the East Flatbush neighborhood for

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January 28, 2021

Recent Commercial Real Estate Transactions

The New York Times

Recent Sale $3.15 MILLION 5501 Glenwood Road (at East 55th Street) Brooklyn Built in 1949, this single-story building in

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January 21, 2021

Brooklyn’s Greenpoint Landing Nabs Second Food Market

Commercial Observer

Prestige Organic Market signed a 10-year lease for 3,100 square feet at 5 Blue Slip, according to developer Park Tower Group.

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November 19, 2020

5 Reasons Brooklyn Is Faring Better Than Manhattan

Commercial Observer

Manhattan is the thing that is on many real estate professionals’ minds, and what they want to talk

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October 15, 2020

TerraCRG executes 11,226 s/f lease with Datacubed in Brooklyn

NYREJ

TerraCRG completed an 11,226 s/f lease at 384 Bridge St., downtown. The tenant, Datacubed Health, a patient engagement

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October 8, 2020

Amazon Delivers Hope to Brooklyn Office Market

Commercial Observer

Amazon’s music streaming service took 40,000 square feet of production space at Rubenstein Partners and Heritage Equity Partners’ 25 Kent,

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