Company News

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 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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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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November 16, 2023

‘A Bloodbath’: Reckoning For Rent-Stabilized Apartment Owners Starting To Set In

While most of the recent headlines around commercial real estate have focused on distress in the office market,

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October 10, 2023

Jay Greenberg & David Cohen Of Z&G Property Group Acquire MultiFamily Property In Brooklyn For $22.4M

The multi-family property located at 180 Bainbridge Street in Brooklyn has been sold in a recent transaction. Read

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August 31, 2023

Roy Rave’s Next Door Properties Acquires 8 Unit SRO Building In Crown Heights, Brooklyn For $725K

The property involved in this transaction is a multifamily building located at 108 Brooklyn Avenue in Crown Heights,

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August 9, 2023

Brooklyn Investment Sales Activity Saw Uptick in Second Quarter: TerraCRG

“Spread love, it’s the Brooklyn way,” The Notorious B.I.G. famously noted, and when it came to investment sales

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July 21, 2023

Gowanus has a 421a workaround. Why aren’t developers excited?

Multifamily developers in Gowanus now have an alternative property tax break, but that does not mean they will

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