Deals & Dealmakers
Bed-stuy boom continues
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Joseph Friedman of Besen & Associates has sold 920-922 Madison Street in Brooklyn. The subject property, located between Howard Avenue and Broadway
Construction & Design
RYBAK secures $47M construction finance for Coney Island development
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The Carlton Group announced that managing director Ruth Barone has arranged $47.5 million in financing for RYBAK Development to support construction of
Debt & Equity
RedSky lands $104M refinancing for Williamsburg property
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JLL’s Capital Markets experts have arranged a $104 million loan to refinance Redbridge, a mixed-use residential and retail property in Williamsburg, Brooklyn.
Residential
Halstead adds new Brooklyn office
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Halstead announced the opening of its newest Brooklyn office, a 1,000 s/f space at 8324 4th Avenue in Bay Ridge. The new office, Halstead’s ninth in the
Views
Opportunities for private lenders in today’s market
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By Sanford Herrick, founder and managing principal, Case Real Estate Capital, LLC During the market’s recovery from the worst recession since The Great
Residential
Brooklyn Rising: The innovative residential projects taking shape in the borough
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Despite an underwriting environment that has tightened significantly, large-scale, inventive residential projects are still rising in Brooklyn, where developers
Residential
Done Deals: East Harlem duplex breaks $1M mark, Hunter’s Point condo goes for $1.5M
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From Manhattan duplexes to a swanky new condo in Queens, these are some of the top done deals from the past week in residential real estate.
Residential
DONE DEALS: Kern closes Sting sale
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Sting, one of the world’s best-selling music artists, and wife, Trudie Styler, just closed on their penthouse home at 15 Central Park West for $50 million.
Residential
Done Deals: Upper East Side 3-bed goes for $2.3M, Tribeca units trades for $5.8M
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MANHATTAN Yorkville 200 E89th St #44E $1,100,000 One bedroom post war full-service condo with south facing balcony. Separate dining area, generous closets
Debt & Equity
Greystone antes up $17M Williamsburg loan
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Greystone has provided a $17 million Fannie Mae DUS loan to exit construction financing for 152 Manhattan Avenue in Williamsburg, Brooklyn.
Residential
Done Deals: Once in a lifetime
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In real estate, sometimes an opportunity comes along once in a lifetime. That was the case for Citi Habitats agent John Farrell, who recently sold 271
Residential
RE/MAX continues expansion with new Brooklyn office
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Global powerhouse RE/MAX continued its strategic expansion in the north east with the opening of RE/MAX Edge’s second office in Brooklyn.