Debt & Equity
Global Holdings Group pumps $100M into 25 Kent
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Eyal Ofer’s Global Holdings Group has announced a $100 million preferred equity investment in 25 Kent, the 500,000 s/f mixed-use commercial and industrial
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Hudson Co., BEC secure $97.5M financing for Brooklyn housing preservation project
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The Hudson Companies and BEC New Communities have closed on $97.5 million in financing for an affordable housing preservation project in Brooklyn.
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Spitzer gets $330M financing for 416-420 Kent Avenue in Williamsburg
07
Meridian Capital Group announced it negotiated $330 million in construction financing for the ground-up development of an 856-unit luxury multifamily property
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Caspi, Black Bear form partnership for Manhattan, Brooklyn multifamily blitz
07
Caspi Development and Black Bear Asset Management have joined in a strategic partnership that will focus on the acquisition of multifamily properties in
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Selling Points: DH Properties invests in Red Hook, Robert Towers sell in NJ
07
● CPEX DH Properties makes industrial investment in Red Hook CPEX Real Estate’s Brooklyn Development & Conversion Team has arranged the ground lease
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Down the hole: Even down payments on NY homes are astronomical, study says
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It would take a person earning a median income 116 years to pay for a 20 percent down payment on a home in Brooklyn Heights, making the neighborhood almost
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Report: Manhattan, Brooklyn, Westchester hardest hit by GOP tax plan
07
Two provisions in the GOP federal tax plan will disproportionately impact homeowners in Manhattan, Brooklyn and Westchester County. According to a report
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Brooklyn is the noisiest borough, but Queens has the worst 3 streets
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Though most New Yorkers are apt to think that they live in one of the city’s noisiest areas, if they live in Brooklyn, they are probably right.
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Done Deals: Bargain on Bergen
06
Jeremy Parker of City Connections Realty was able to find the right buyer for a century-old Crown Heights home in just four weeks. 1579 Bergen Street
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Next phase of Brooklyn’s Greenpoint Landing gets underway
06
Greenpoint Landing will ultimately have over 5,000 apartments, shops and parkland. Ground has been broken for the next phase of Greenpoint Landing, the
Featured
Kings of the Castle: Brokers believe Brooklyn is back as numbers inch up
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Home sales in Brooklyn have mirrored those in Manhattan recently, where the market is still correcting itself. But there are signs of better days ahead.
Residential
Next phase of Brooklyn’s Greenpoint Landing gets underway
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Greenpoint Landing will ultimately have over 5,000 apartments, shops and parkland. Ground has been broken for the next phase of Greenpoint Landing, the