Brooklyn is a borough of New York City, coextensive with Kings County, located on the westernmost edge of Long Island in the U.S. state of New York.
Tag: Brooklyn New York
The Dermot Company purchases The Addison in Downtown Brooklyn
JLL Capital Markets has closed the sale of The Addison, a two-building, 271-unit luxury apartment rental property with three ground-floor retail spaces located at...
Parkview Financial provides $66 million construction loan for the development of a 131-unit apartment...
Parkview Financial announced it has provided a $66 million construction loan to 57 Caton Place, LLC for the development of a nine-story 131-unit apartment...
Mid-rise apartment buildings sell for $116.2 million in Williamsburg, Brooklyn
JLL Capital Markets announced that it has closed the $116.2 million sale of 247N7, a 169-unit, 151,766-square-foot, two-building multihousing property located at 247 N....
Prophet Capital sells $88 million note on The Kent House in Williamsburg to Invictus...
JLL Capital Markets announced that it has arranged the sale of an $88 million non-performing loan secured by The Kent House, a new mixed-use...
Avery Hall’s One Boerum Place recapitalized for $176.45 million
JLL Capital Markets announced that it has arranged senior and mezzanine financing in the amount of $176.45 million for the recapitalization of One Boerum...
GFI Realty Services arranges $3.55 million sale of two adjacent mixed-use Crown Heights buildings
GFI Realty Services, LLC announced the $3.55-million sale of 563-565 Nostrand Avenue, two adjacent three-story mixed-use buildings consisting of eight free market apartments and...
GFI Realty Services arranges the $4.330-million sale and acquisition financing of 21-unit Brooklyn elevator...
GFI Realty Services announced the $4.330-million sale of 665 St. Marks Avenue, an elevator building comprised of twenty-one units located in the Crown Heights section of...
GFI Realty trades Bath Beach 30-unit multifamily building for $7.225 million
GFI Realty Services, LLC announced the $7.225-million sale of 8678 Bay Parkway, a four-story walk-up, 30-unit multifamily property located in the Bath Beach section...
Mixing it up
The mostly urban projects that captured the judges’ votes echo a popular and growing trend—the inclusion of ground-floor retail and dining establishments that add...
Uptown living, downtown budget
“I would say it’s the most social building I’ve ever seen,” said Daniel Ellch, a tenant. That’s by design: The developer, Property Markets Group...