20 posts about Brooklyn from across Skyline's social platforms and curated industry sources.
<![CDATA[Brooklyn, NY Arrow Real Estate Advisors arranged a $22 million bridge refinance for 1000 Dean St., a creative office and flex property located in the city’s Crown Heights/Prospect Heights submarket. The financing was arranged by Arrow’s founder and managing partner Mo]]>
View on RSS →<![CDATA[ Growing up in Brooklyn during the 1960s and 1970s, our heroes were different. They were rock stars, athletes, astronauts, war heroes, and the local businessman who built something from nothing. We admired achievement, but we didn’t worship wealth. Somewhere along the]]>
View on RSS →<![CDATA[One of Brooklyn’s biggest developments just secured a hefty sum of construction financing. Charney Companies, Tavros and Incoco Capital have secured $785 million in debt and equity financing to build 175 Third Street, a 1.1 million-square-foot mixed-use residential complex in Brooklyn that will be the fifth building in the Gowanus Wharf campus, Commercial Observer can […]]]>
View on RSS →<![CDATA[ Claude Kolb Brooklyn, NY Lee & Associates NYC has arranged a new 10-year lease for]]>
View on RSS →<![CDATA[Pink Sparrow, an experiential design and fabrication company, has relocated its headquarters to 30-10 Review Avenue in Long Island City, Queens, from its previous space about 1.5 miles away at 24 Greenpoint Avenue in Greenpoint, Brooklyn, Commercial Observer has learned. The design firm’s new space at the industrial property near Newton Creek spans 62,000 square […]]]>
View on RSS →<![CDATA[The international dance franchise Fred Astaire Dance Studios is waltzing into Brooklyn’s Park Slope neighborhood. The school’s new lease at 508 Fifth Avenue spans 2,500 square feet of ground-floor retail space previously occupied by shoe store Bobby Sportswear. The 10-year deal’s asking rent was $72 per square foot. The lease is the New York dance […]]]>
View on RSS →<![CDATA[New York Gov. Kathy Hochul and Brooklyn District Attorney Eric Gonzalez visited a stately home in Bedford-Stuyvesant, Brooklyn, on Wednesday afternoon to brainstorm how to prevent deed theft. While Hochul admitted that scammers will always find ways to defraud homeowners out of their properties, her administration has invested $44.5 million in prevention through education and […]]]>
View on RSS →<![CDATA[You get the best of both worlds at this newly completed luxurious — yet unassuming — townhouse in Brooklyn’s tranquil Cobble Hill neighborhood. Situated along a quaint, tree-lined boulevard, 487 Henry Street aligns perfectly with the vibe and visual of the neighborhood, looking outwardly like any other Brooklyn brownstone. The inside tells a different story. […]]]>
View on RSS →<![CDATA[Delshah Capital has purchased two mixed-use residential properties in Williamsburg, Brooklyn. The Michael Shah-led firm bought 227 Grand Street and 456 Grand Street — the latter of which comes with a 421-a tax abatement that doesn’t expire until 2030 — for a combined $85 million from Bronstein Properties, The Real Deal reported. Bronstein paid $43 […]]]>
View on RSS →<![CDATA[Looks like Brooklyn’s affordable housing supply is growing. New York City-based developer the Gotham Organization has filed plans to begin construction on the second phase of its major affordable housing project known as Innovative Urban Village in Brooklyn’s East New York neighborhood. The Phase 2 plans call for the construction of three new buildings, labeled […]]]>
View on RSS →<![CDATA[Yet another 99-unit residential building could be going up in New York City as the city’s 485-x incentive forces developers to opt for the sub-100 number rather than pay higher construction wages. Local developer Moses Karpen of Waterfront Property Management has filed plans with the New York City Department of Buildings (DOB) for two new […]]]>
View on RSS →<![CDATA[ Brooklyn, NY EP Engineering assisted in delivering The Arcadian, a mixed-use development located at 975 Nostrand Ave. in ]]>
View on RSS →<![CDATA[Welcome to The Data Drop by TRD Data, a weekly look at the numbers shaping real estate.  This week, we are looking at how persistently high financing costs are shaping development in the Big Apple. An analysis of city permit data over the past year  revealed that the city’s builders are shifting gears, turning to redevelopment projects over ground-up construction. Specifically, office-to-residential conversions are dominating construction work in Manhattan, while expansions of one- and two-family homes are becoming the norm in Brooklyn. Explore our map of where the city’s builders are keeping the construction pipeline flowing, even when interest rates […] This article originally appeared on The Real Deal. Click here to read the full story. ]]>
View on RSS →<![CDATA[Repaired phone wholesaler Lenny’s Repair has taken 14,000 square feet of flex warehouse and office space at 590 Smith Street in Red Hook, Brooklyn, Commercial Observer has learned. The five-and-a-half-year deal was signed last week. Asking rent was $18 per square foot. Tri State Commercial Realty’s Jack Sardar and Fred Betesh represented the tenant and […]]]>
View on RSS →<![CDATA[Marshalls has taken up a 10-year tenancy at Liberty Bklyn. The off-price retailer secured 31,470 square feet of ground-floor space at Madison Capital and Salmar Properties’ 850 Third Avenue in Sunset Park, Brooklyn, according to a Wednesday announcement from the landlords. The transaction leaves the retail component of the eight-story, 1.3 million-square-foot mixed-use complex fully […]]]>
View on RSS →<![CDATA[Two robotics firms are moving their programming to Industry City in Brooklyn’s Sunset Park neighborhood. Möbius Industries, which uses artificial intelligence to transform urban waste into raw materials, took the largest amount of space with a three-year, 7,000-square-foot deal in the industrial-turned mixed-use-complex owned by landlords Jamestown, Belvedere Capital, Cammeby’s International, FBE Limited and TPG […]]]>
View on RSS →<![CDATA[Walking through the area near Brooklyn’s Windsor Terrace/Kensington border, one is confronted by blocks filled with high-rise residential buildings, many built before World War II, some constructed just after. Throughout the main Ocean Parkway thoroughfare and onto many of the connecting cross streets, retail is either scarce or, like some of the apartment buildings themselves, […]]]>
View on RSS →<![CDATA[A joint venture between Naftali Group and Access Industries has landed a $374.35 million loan to refinance a master-planned residential development along the Williamsburg waterfront in Brooklyn, Commercial Observer can first report. Barings supplied the loan for the first phase of the sponsorship’s Williamsburg Wharf project featuring 89 condominiums, 518 apartments and 15,000 square feet of […]]]>
View on RSS →<![CDATA[A sake brewery and taproom is coming to Gowanus’ Society Brooklyn development. SakeBrooklyn has leased 6,500 square feet at 500 Degraw Street along the Gowanus Canal. Its new home sits on the northern corner of Society Brooklyn, a new 605,000-square-foot multifamily development made up of two mixed-use towers. Cushman & Wakefield’s Patrick O’Rourke represented the […]]]>
View on RSS →<![CDATA[The city-owned Brooklyn Army Terminal (BAT) in Sunset Park has racked up more than 58,000 square feet of new leases, including a major deal for audiovisual firm Audible Difference. The New York City Economic Development Corporation (NYCEDC), a public benefit corporation that manages the 59-acre BAT campus for the city, announced four new tenants Thursday. […]]]>
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