Brooklyn Real Estate News

News, Events and Recent Closings

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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May 31, 2023

Douglaston Acquires Bed-Stuy Site, Lands $185M Loan To Start Construction

Longtime New York multifamily developer Douglaston Development has acquired a development site in Brooklyn and landed a construction loan to build

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May 31, 2023

Cosentino, Norris, and Zimin of TerraCRG sell four buildings for $13.5 million

TerraCRG said that partner Matthew Cosentino has closed on four commercial buildings totaling $13.5 million over the last

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May 18, 2023

TerraCRG Arranges $8M Sale of Two Multifamily Buildings in Brooklyn

NEW YORK CITY — Locally based brokerage firm TerraCRG has arranged the $8 million sale of two multifamily

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May 15, 2023

TerraCRG Arranges $8M Sale of Two Multifamily Buildings in Brooklyn

NEW YORK CITY — Locally based brokerage firm TerraCRG has arranged the $8 million sale of two multifamily

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May 4, 2023

Real estate transactions slow in Brooklyn

In the first quarter of 2023, 245 investment properties traded hands in Brooklyn, totaling $1 billion. Residential developments

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May 4, 2023

Investment Sales Drop By Almost Half in Brooklyn in First Quarter

The dollar volume of Brooklyn’s real estate investment sales plummeted by nearly half in the first quarter of

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April 25, 2023

TerraCRG completes $2.2 million sale of 119 42nd St. in Sunset Park

TerraCRG has completed the sale of 119 42nd St., a fully renovated commercial building, located in Sunset Park.

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February 13, 2023

Brooklyn boom saw more than $9B in investment sales last year

New York’s real estate market had an up-and-down 2022, but investment sales in Brooklyn were one of the

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February 13, 2023

Multifamily developers who counted on 421a search for plan B

The Real Deal

Developers admitted taking a “leap of faith” when they pitched a $2 billion transformation of five blocks of

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February 13, 2023

TerraCRG sells adjacent mixed-use buildings for $5.37 million

NYREJ

Brooklyn, NY TerraCRG, a leading commercial real estate brokerage firm, has closed on the sale of two individual

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February 13, 2023

2022 Year in Review: Dan Marks, TerraCRG

What person, project, transaction or market trend had the greatest impact on your industry this year?One, the rapid

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February 13, 2023

Lebor and Manasia of TerraCRG sells 5,625 s/f fully approved development site

Brooklyn, NY TerraCRG, a leading commercial real estate brokerage firm, has closed on the $4.25 million sale of

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