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.”
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