Brooklyn Real Estate News

News, Events and Recent Closings

August 12, 2012

TerraCRG Arranges Financing for IWC

Efrat Sharon, Senior Vice President and the head of TerraCRG's Debt Financing team, secures $5.5M Acquisition Loan for

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June 28, 2012

TerraCRG Sells Brooklyn Development Site $1.65 M

"We achieved a premium of $50,000 above the original asking price, through what turned into a very competitive

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June 28, 2012

How the Barclays Center will Transform Brooklyn Retail Leasing

The borough will see an influx of high-end restaurants, a panel of real estate executives today told a

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June 28, 2012

Brooklyn in the Middle of a Boom, Say Speakers at 2012 Real Estate Summit

TerraCRG Brooklyn Real Estate Summit.

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June 28, 2012

Drooling over Bushwick

“Investors and developers are looking to follow the L and M trains for investment opportunities,” said Matthew Cosentino,

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May 29, 2012

A Rental Market Surge in Brooklyn

The New York Times

The market for multifamily buildings in Brooklyn has been heating up over the last year. But the recent

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May 28, 2012

Good News! 538 Washington Avenue Has a New Owner

TerraCRG Sells Development Site with Approved Plans for a five-story, eight unit residential building.

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May 28, 2012

Two Commercial Condos Hit Downtown Brooklyn Market

“With shrinking inventory of institutional-grade retail properties in Brooklyn we see this as a great time to bring

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May 28, 2012

40,000 SF Industrial Building Sells in Brooklyn

Ofer Cohen and Melissa DiBella of TerraCRG Represent seller in $5M Industrial Building Sale.

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May 28, 2012

Hess of TerraCRG Brokers $4.4 Million Brooklyn Sale

“This transaction is interesting as it is the first investment property the purchaser has bought in seven years.

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April 28, 2012

Hess and Colleran of TerraCRG rep buyer and seller in $6.3 million portfolio sale

“There are not a lot of available sites on prime retail corridors in Brooklyn that give a buyer

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April 28, 2012

New Nets Arena Attracts Stores, Eateries

“Rents are skyrocketing from $50 a square foot five years ago to as much as $200 a square

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April 28, 2012

Bergen Street Land Fetches Premium Price

TerraCRG sells vacant residential land for $2.7 Million.

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April 28, 2012

Brooklyn Could See Retail Boom

“It really sets the tone for the kind of retail that would make sense, as well as the

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March 28, 2012

A Rental Market Surge In Brooklyn

Ofer Cohen, the founder and president of TerraCRG, estimates Brooklyn rents will climb another 5 percent to 10

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