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CPC closes on $100M New York portfolio loan
07
The Community Preservation Corporation (CPC) announced the closing of a $100 million portfolio under the Freddie Mac Small Balance Loan (SBL) product.
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Amazon puts future of LIC retail in play
07
With an Amazon-induced influx of new residents likely headed straight for Long Island City and the addition of myriad new housing that will support them
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Proposed zoning targets 21st century jobs in industrial North Brooklyn
05
The de Blasio Administration wants to open North Brooklyn for business. Zoning changes may soon be coming to the borough’s industrial northwest corner
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New Development: leasing starts at ARO, Amberly hits luxe rental market
07
● ALGIN MANAGEMENT Leasing underway at ARO Leasing has begun at ARO, a new 62-story, 426-unit luxury rental tower developed by Algin Management, designed
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Done Deals: East Harlem duplex breaks $1M mark, Hunter’s Point condo goes for $1.5M
07
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.
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Million-Dollar Listing, East New York: Brooklyn neighborhood trending up
08
Million dollar homes have come to East New York at 710 and 714 Wortman Avenue. Samuel Eshaghoff, the owner and developer of the two properties, purchased
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Done Deals: Asked and Answered
07
A year of searching finally paid off for Engel & Voelkers agent Dolly Hertz when she stuck to her guns on an asking price. Dolly Hertz Her LA buyers
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Apartments rise on Brooklyn church site
08
Work is underway to build a 67-unit affordable apartment building on the former site of True Holy Church in Ocean Hill, Brooklyn. The development will
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Hudson to lead Greenpoint Hospital redevelopment, build 500 new homes
07
The Hudson Companies has won the contract to turn the former Greenpoint Hospital Campus into a 500-unit housing development. Shuttered since 1982, the
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Criminal justice nonprofit takes two floors at Industry City
06
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
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RE/MAX continues expansion with new Brooklyn office
06
Global powerhouse RE/MAX continued its strategic expansion in the north east with the opening of RE/MAX Edge’s second office in Brooklyn.
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Maddd Equities, Joy Construction plan 3 projects in Bronx, Brooklyn
07
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