Retail
Hardee’s lands first NYC location
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Fast food fans rejoice: Hardee’s is opening its first New York City location in Brooklyn. 500 Clarkson Avenue (via Google) One of the country’s largest
Deals & Dealmakers
Kushner JV buys 85 Jay Street parking lot in Brooklyn for $345M
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A joint venture of CIM Group, Kushner and LIVWRK has acquired 85 Jay Street in Brooklyn from Watchtower Real Estate for a reported $345 million.
Debt & Equity
‘Non-investors’ pooling their dollars for bet on Bushwick
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Real estate crowdfunding platform CityFunders has just launched an investment listing for the first ever crowdfunded property in Brooklyn’s Bushwick neighborhood.
Debt & Equity
CityFunders launches Crown Heights investment opportunity
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CityFunders, a real estate crowdfunding platform dedicated exclusively to offering properties in New York City, announced the launch of an investment property
Residential
No gray areas in Modica’s sales success
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Ralph Modica, a broker for Douglas Elliman, claims that working in real estate has had a profound effect on his outward appearance. “I would say that I
Construction & Design
Two Trees’ Domino Park two months from completion
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Today it’s a dirty swath of land in the shadow of a decrepit 19th-century factory now, but in two months it will be a thriving riverfront park with
Deals & Dealmakers
Sherr Equities to sell Flatbush retail building for $6.7M
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Sherr Equities is in contract to sell a 10,000 s/f retail building in Flatbush, Brooklyn for $6.7 million. Harold Sherr The property, located at 1172-1182
Residential
Dime Savings Bank puts landmark Brooklyn building on the market
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Cushman & Wakefield has been retained on an exclusive basis by JP Morgan Chase to sell a landmark building at 9 Dekalb Avenue in Downtown Brooklyn.
Retail
Capital One takes 7,900 s/f space at 1221 Avenue J
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Thor Equities has leased its 7,900 s/f retail building at 1221 Avenue J in Brooklyn to Capital One, company executives announced. Photo by Eric Hauser/
Featured
Most year-end market reports loosely align, showing growth and contraction
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By Orlando Lee Rodriguez As is tradition during the month of January, a slew of real estate organizations released their year-end reports and New Year forecasts.
Residential
Hagman makes Collective call to Bohemian brokers
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A rebel of the residential real estate world has carved out her own niche in Brooklyn, after eschewing the traditional culture and norms of the dominant
Debt & Equity
Abatement deal brings fresh money, more apartments to Greenpoint
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Pembrook Capital Management closed a $2.256 million second mortgage loan to finalize construction of a 21,341 s/f mixed-use property located at 144-146