August 7, 2015

TerraCRG Leases Large Building in Brooklyn Tech Triangle

TerraCRG has leased the loft building at 80 Hudson Avenue in the Vinegar Hill section of Brooklyn. Ofer Cohen, Dan Marks, Peter Schubert and Joey Terzi—of the Brooklyn-focused real estate brokerage firm, represented both the owner and tenant in the transaction for one of the only free-standing, commercially-zoned buildings of its size in the third largest business district in New York City, the Brooklyn Tech Triangle.

“We are very happy to have created great tax-efficient and long-term value for the client while preserving the asset in the family,” says Schubert, partner at TerraCRG. “The tenant is a very experienced operator and was able to prove itself as an ideal tenant for the property.”

Read more here.