High interest rates, 421-a expiration spark slower quarter for Brooklyn deals
Crain's New York
Rising interest rates and the end of the 421-a affordable housing tax break helped cause a slowdown in
Just 30 percent of young men get a regular paycheck. Eric Adams wants to raise that number.
Brooklyn Eagle
In the month of July, the city created 30,000 private sector jobs. Since Adams has taken office, the
Brooklyn Records almost $5 billion of Investment Sales in First Half of 2022
Brooklyn Eagle
TerraCRG, Brooklyn’s leading commercial real estate brokerage firm, released today its half-year 2022 Brooklyn Market Report, analyzing investment
Shrinking Supply, Increasing Demand: One Asset Class Could Bring Value To All Others
Bisnow
When Gregg Reuben was a 19-year-old UCLA student, he set up a side gig for himself: running a
Can’t find a street spot? Don’t blame the city
Crain's New York Business
Although Covid has upended several aspects of life in New York, one thing it has not changed very
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.
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.,
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
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
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
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
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
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
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
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