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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June 15, 2022

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

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June 15, 2022

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

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June 15, 2022

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

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June 15, 2022

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

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May 15, 2022

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

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April 29, 2022

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

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April 5, 2022

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

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March 29, 2022

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

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March 28, 2022

TerraCRG in $42M Sale of Brooklyn Apartment Portfolio

Connect CRE

Brooklyn market specialist TerraCRG has closed on a $41.88 million sale of four elevator multifamily buildings in Midwood.

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March 28, 2022

Midwood Building Portfolio Sold for $41M

New York Business Journal

A multifamily portfolio spanning four buildings in the Midwood section of Brooklyn has been sold for $41.8 million,

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March 25, 2022

Shuttered Williamsburg Key Food Readies for Multifamily Dev

The Real Deal

A Williamsburg property is shedding its mob ties and moving forward with a project from a different developer.

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March 24, 2022

SCALE Lending Supplies $87M Loan for Williamsburg Multifamily Project

Commercial Observer

Goose Property Management has snagged $86.7 million of financing for the acquisition and construction of multifamily development at a

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March 22, 2022

Park Slope Mixed-Use Properties Sold for $5.3 Million

New York Business Journal

Two mixed-use properties in Park Slope have sold for $5.3 million, or $892 per square foot, according to

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February 8, 2022

How Pandemic Price Increases Pushed Rents in Greenpoint Sky High

Commercial Observer

Few outer-borough neighborhoods have mirrored Manhattan’s mercurial rise and fall in apartment rents during the pandemic quite like

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January 18, 2022

Brooklyn investment sales surpass 2019 levels, report says

Crain's New York Business

Brooklyn’s commercial real estate market was busier last year than in 2019, despite the pandemic. There were 1,198

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