Featured
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
Retail
Restaurant chain buys Grand Central Oyster Bar in Park Slope
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Park Slopeʼs Grand Central Oyster Bar has been sold. The Best Restaurant Group, owner and operator of several Manhattan and Brooklyn restaurants, purchased
Featured
Report: Bushwick prices on the up and up
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Photo by Holly Dutton Forget about Williamsburg, that is so passé. The place to be along the L train is now Bushwick, where rental prices have skyrocketed
Deals & Dealmakers
Criminal justice nonprofit takes two floors at Industry City
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A nonprofit focused on criminal justice reform is the latest organization to sign a long-term lease at Industry City. The Vera Institute of Justice, a
Deals & Dealmakers
Rudin: Strong outer boroughs to boost core city market
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While many expect New York City’s real estate market to slow down in 2016, Bill Rudin, the vice chairman and CEO of commercial real estate firm Rudin Management
Deals & Dealmakers
Video production firm B-Reel signs 13,500 lease at 77 Sands St. in Brooklyn
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Kushner Companies LIVWRK, and RFR signed a ten-year, 13,500 s/f lease with creative agency B-Reel at 77 Sands Street. The lease adds to anexpanding roster
Retail
Van Leeuwen Ice Cream heads to Upper East Side
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Here’s the scoop: Brooklyn’s favorite craft creamery will set up shop on the Upper East Side this summer. Van Leeuwen Artisan Ice Cream signed
Deals & Dealmakers
Synapse-AQARAT partnership targets Brooklyn, San Francisco projects
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New York based Synapse Development Group announced its platform partnership with Kuwaiti real estate company, AQARAT. The joint venture will be targeted
Residential
Two new apartment towers to rise in Pacific Park
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615 and 595 Dean Street will be the next additions to the Pacific Park development. TF Cornerstone revealed new renderings for 615 and 595 Dean Street
Debt & Equity
Tabak, Eliasaf ante up $69M loan for All Year Management
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TNW Capital, a lending platform owned by Joseph Tabak and Ran Eliasaf, has closed on a $69 million loan to Yoel Goldman’s All Year Management.
Deals & Dealmakers
Jehovah’s Witnesses bag $80M in sale of latest Brooklyn property
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The Jehovah’s Witnesses are set to add just under $80 million to their billion-dollar haul from the sale of their Brooklyn portfolio. Los Angeles-based
Deals & Dealmakers
Selling points: Madison Park Tower sold for $80M, Investor buys West Village property
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Cushman & Wakefield Madison Park Tower sold for $80M Morgenstern Capital and TLM Equities, LLC have purchased Madison Park Tower for $80 million. Cushman &