Company News

May 22, 2024

Dovi Braun Sells Ocean Hill Mixed-Use Package For $3.775M


The mixed-use asset located at 542-556 Howard Avenue in Ocean Hill, Brooklyn, consisting of a 7 building package,

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May 15, 2024

Henry Koon Acquires Mixed-Use Property In Prospect Heights For $2.52M


The mixed-use property located at 556 Vanderbilt Avenue in Prospect Heights, Brooklyn, was sold for $2,520,000. Read more click here.

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April 19, 2024

Honey, I shrunk the deals: Brooklyn investment sales volume down 34%

The Real Deal

Brooklyn investment sales were a third smaller last quarter, dragged down by interest rates and government regulations. While

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April 3, 2024

Brooklyn Brokerage TerraCRG Appoints New CEO As It Aims To Double In Size


Brooklyn-based brokerage TerraCRG is shaking up its leadership. Dan Marks, a partner in the firm, has been promoted to CEO, with

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April 3, 2024

TerraCRG Names Dan Marks CEO

Commercial Observer

"Spread love, it’s the Brooklyn way,” Notorious B.I.G. once said. And Brooklyn-based TerraCRG is officially spreading that love

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March 27, 2024

Deal Is Expected To Sharply Boost Affordable Housing Supply in Borough’s Neighborhood


As lack of affordable housing is a constant talking point in New York, among other cities, a $66

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March 15, 2024

Partnership Receives $121M in Financing for Brooklyn Mixed-Income Housing Project

NEW YORK CITY — A partnership between BEB Capital, Totem, Ofer Cohen and SK Development has received $121

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February 28, 2024

Christopher Merone Acquires Development Site On Union Street In Gowanus For $4M


548-550 Union Street, located in Gowanus, Brooklyn, was sold for $4,000,000. Read more click here.

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February 27, 2024

2024 Ones to Watch Rising Stars: Darlene Lee, TerraCRG

Darlene joined TerraCRG as a Leasing Associate in January 2023 and has been an instrumental part of our

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February 7, 2024

Investment Sales Drops Across Nearly All Asset Classes in Brooklyn in 2023

Property sales in Brooklyn saw a major drop in 2023 compared to 2022, not only in the number

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January 30, 2024

Brooklyn’s Office Market Awaits Its Own Flight to Quality

On a quiet street in Brooklyn’s Gowanus section sits 92 Third Street, an arched-windowed, red-brick hulk from the

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January 16, 2024

Terra CRG Brokers Acquire East Williamsburg Commercial Property For $8M

The commercial property located at 25 Knickerbocker Avenue in East Williamsburg, Brooklyn has been sold for a total

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December 22, 2023

Podcast: Rhymes of Real Estate

n this special episode of Commercial Observer’s podcast “The Back Story,” we delve into the unique and creative

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November 28, 2023

Avi Ben Hamo Acquires Mixed-Use Property On 731 Washington Avenue, Crown Heights For $3M

Located at 731 Washington Avenue in Crown Heights, Brooklyn, this mixed-use property recently changed hands in a sale transaction. Read

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October 13, 2023

Stuyvesant Heights Apartment Property Trades for $23M

A joint venture between The Carlyle Group and Z+G Property Group has paid $22.5 million to acquire a luxury multifamily property in Stuyvesant

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