Debt & Equity
Greystone navigates refinance jungle to bag exit loan
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Greystone provided a $17 million Fannie Mae DUS loan to exit construction financing for 152 Manhattan Avenue in Williamsburg, Brooklyn. The transaction
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Phat Farm co-founder sells Williamsburg building for $11.4M
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Ruby Azrak, a street clothing mogul who co-founded Russell Simmons’ Phat Farm clothing line, has sold a six-story building in Williamsburg, Brooklyn for $11.
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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
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DONE DEALS: Big catch in Rye
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Douglas Elliman Real Estate’s Nancy Strong and Stacey Oestreich have sold 408 Grace Church Street in Rye, NY, for $12.75 million. Celebrities, sport stars
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Former bank building snapped up in Williamsburg
07
The Broad and Boerum Building at 525 Broadway, located on the northeast corner of Boerum Street and Broadway in Brooklyn’s Williamsburg neighborhood, was
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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.
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Bushwick the next Soho?
07
Knickerbocker Avenue in Bushwick By Holly Dutton Overflowing with over-educated and underpaid young “pioneers,” rapidly growing Bushwick is right behind
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LPC okays new plan for Williamsburg’s Domino refinery building
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The Landmarks Preservation Commission yesterday (Tuesday) approved Two Trees Management’s revised design for the landmarked Domino Sugar Refinery building.
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Brooklyn investment property sales surge in 2015
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Brooklyn’s investment property sales market had a record year in 2015 with year-end figures showing approximately $9.694 billion in gross consideration
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Synapse-AQARAT partnership targets Brooklyn, San Francisco projects
07
New York based Synapse Development Group announced its platform partnership with Kuwaiti real estate company, AQARAT. The joint venture will be targeted
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Lee NYC brings Williamsburg space to market
07
CW Realty has tapped Lee NYC to market 30,000 s/f of office space at 61 North 11th Street in Williamsburg. Corey Horowitz, executive managing director
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Brooklyn market expected to dip as 421-a tax program expires
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Commercial property sales in Brooklyn were incredibly robust in 2015, rising to around $9.5 billion in total dollar volume, according to one market study