Brooklyn Real Estate News

News, Events and Recent Closings

April 23, 2019

The Power 100: Commercial Real Estate’s Most Powerful Players

Commercial Observer

94. Ofer Cohen and Dan Marks Founder and President; Partner at TerraCRG New Brooklyn and TerraCRG go together

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March 8, 2017

Dan About Town: How TerraCRG’s Dan Marks Became Mr. Brooklyn Real Estate

Commercial Observer

“Dan and TerraCRG are our go-to guys,” said Boaz Gilad from Bedford Stuyvesant-based development firm Brookland Capital, who

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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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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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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 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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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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September 18, 2023

Brooklyn Investment Sales Poised for Bull Run, Numbers Suggest

Brooklyn’s investment sales activity has been barreling ahead in 2023 despite myriad market forces in its path. New

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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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June 2, 2023

Douglaston Development Buys BK Development from BEB for $66M

Douglaston Development has acquired a 474,000-square-foot mixed-income housing development site in Bedford-Stuyvesant, Brooklyn, from BEB Capital for $66

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June 1, 2023

137 New Affordable Units Coming To Bed-Stuy In Massive Development

BED-STUY, NY — Some 137 new affordable units will hit Bed-Stuy by 2025 after developers grabbed a 17-story

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