Brooklyn Real Estate News

News, Events and Recent Closings

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

read the article
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

read the article
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

read the article
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

read the article
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

read the article
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

read the article
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,

read the article
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

read the article
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

read the article
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

read the article
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,

read the article
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

read the article
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

read the article
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

read the article
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

read the article

Brooklyn Neighborhood Guides

Our neighborhood guides tell you everything you need to know about Brooklyn, from comprehensive market data to the best places to eat, shop and play.

Learn More >