The Real Deal New York

Bed-Stuy / Bushwick neighborhood news

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    117 Grattan Street (Credit: PropertyShark)

    Emmes Asset Management bought 117 Grattan Street — a 125,400-square-foot, four-story commercial building in Bushwick — for $20.75 million, according to public records filed yesterday.

    Coming on the heels of a $30 million Queens purchase, Emmes made the latest buy for a pension fund client. The company declined to identify the purchaser, however, and the name could not be immediately found in city records. [more]

  • 280 Eldert Street in Bushwick, Brooklyn

    280 Eldert Street in Bushwick, Brooklyn

    Permits were filed with the New York City Department of Buildings for a project at 280 Eldert Street in Buswick, Brooklyn. [more]

  • marcy-avenue

    Rendering of 689-691 Marcy Avenue in Brooklyn

    An eight-story, residential Bedford-Stuyvesant building that recently broke ground has changed owners. Boaz Gilad’s development firm Brookland Capital acquired the formerly vacant site late last week. [more]

  • Brooklyn’s affordable hold outs

    February 11, 2014 06:50PM
    From left: Listings at 25 Crown St. in Crown Heights, 567 39th St. in Sunset Park and 68 Garden St. in Bushwick

    From left: Listings at 25 Crown St. in Crown Heights, 567 39th St. in Sunset Park and 68 Garden St. in Bushwick

    The cost of living in Brooklyn may be going through the roof, but there are still affordable corners to be found in Bushwick, Crown Heights and Sunset Park — if you’re buying. [more]

  • 689-marcy-ave

    168 Kosciuszko Street before demolition

    Construction has begun on an eight-story residential building at the site of a vacant lot in Bedford-Stuyvesant.

    The property at 168 Kosciuszko Street, also known as 689-691 Marcy Avenue, is expected to hold 41 units – either condominiums or rentals – as well as a 13-spot underground parking garage, 23 bicycle parking spots and a storage room. The currently empty parcel formerly housed a two-story warehouse building that was razed in 2012. [more]

  • bed-stuy-hancock

    From left: Rendering of 484-484 Hancock Street and the stable buildings

    The Department of Buildings is weighing approval of a residential conversion of two 1800s-era stable buildings in Bedford-Stuyvesant, Brooklyn. [more]

  • 305 Decatur Street

    305 Decatur Street

    The slapdash heating system in a Secton 8 building in Bedford-Stuyvesant isn’t cutting it — nor are management’s lackluster promises of repair.

    Baseboard heating came to the 32-unit 305 Decatur Street in late 2013, despite resident complaints of being without warmth for years. The building’s management company, Shinda Management Corp., then claimed to have fixed the issue — but temperatures have plunged both inside and out in recent days. [more]

  • “Girls” star picks up Bushwick pad

    January 22, 2014 06:10PM
    From left: Zosia Mamet and her new Bushwick digs

    From left: Zosia Mamet and her new Bushwick digs

    Zosia Mamet, better known as Shoshanna Shapiro on the HBO hit series “Girls,” has purchased a new Bushwick property to share with her actor boyfriend, Evan Jonigkeit. [more]

  • Interfaith Medical Center at 1545 Atlantic Avenue

    Interfaith Medical Center at 1545 Atlantic Avenue

    Hospital workers and community members rallied Sunday at the financially strapped Interfaith Medical Center in Bedford-Stuyvesant in an effort to halt the hospital’s impending closure.

    The Brooklyn hospital nearly shuttered last month, but a last-minute financial reprieve in the form of emergency state funding meant to allow it to continue operations until March 2014, came through at the 11th hour. That timeline, however, is now uncertain, as some of the state funds are yet to be released. [more]

  • 376-franklin-avenue

    Now-demolished house at 376 Franklin Avenue

    East Elmhurst, Queens-based developer Tomer Development broke ground on a six-story apartment complex in Bedford-Stuyvesant.

    Tomer purchased the site at 376 Franklin Avenue, between Quincy Street and Gates Avenue, for $1.4 million in 2012. The next year, the owner tore down a white frame house leaving the site empty. Plans call for 20 units across 14,241 square feet of residential space, as well as 10 spots to park a car and 10 spots to park a bicycle. Banji Awosika is serving as the architect of record. [more]

  • From left: Condominiums at 440 Kent Avenue in Williamsburg, 360 Furman Street in Brooklyn Heights and 1 Main Street in Dumbo

    From left: Condominiums at 440 Kent Avenue in Williamsburg, 360 Furman Street in Brooklyn Heights and 1 Main Street in Dumbo

    The Brooklyn residential market has exploded over the last decade, with Williamsburg condo prices increasing nearly 150 percent and the average sale price of a Brooklyn Heights townhouse jumping 152 percent, according to’s first ever ten-year sales study. [more]

  • CastleBraid apartments at 114 Troutman Street in Bushwick

    CastleBraid apartments at 114 Troutman Street in Bushwick

    Hipsters who took over Bushwick about a decade ago are rallying together to resist the influx of young new residents who they claim are still being supported by their parents.

    The older hipsters have expressed their frustration regarding luxury residences such as the new CastleBraid rental complex, which is chock-full of amenities to attract a fresh wave of residents. The hipster bells and whistles at the Mayer Schwartz-developed building include a recording studio and a digital media lab. Last month, the older hipsters put crime-scene tape with the word “Occupy” written on it across the building’s entrance, in reference to the Occupy Wall Street movement. [more]

  • From left: 3rd Ward's former 195 Morgan Avenue location in Bushwick and 1000 Dean Street

    From left: 3rd Ward’s former 195 Morgan Avenue location in Bushwick and 1000 Dean Street

    The city gave Bushwick’s 3rd Ward art and design space part of a $1.5 million grant to start a food incubator in Crown Heights before the center shuttered abruptly in early October, but no one will say how much was handed over or where it went. [more]

  • 1074-broadway

    1074-1080 Broadway

    Along the border between Bushwick and Bedford-Stuyvesant, a Great Neck, N.Y.-based developer has plans for a 38-unit mixed-use building.

    The eight-story building at 1074-1080 Broadway, between Lawton and Dodworth streets, would contain a 3,513-square-foot ground-floor space, a shared rooftop and a bike room. It is unknown whether the residential component will be rentals or condominiums. [more]

  • david-maundrell

    308 Malcom X Boulevard and David Maundrell

    With an ear to the ground for the next breakout Brooklyn market, brokerage signed a lease for 2,000 square feet over two floors at 308 Malcolm X Boulevard, between MacDonough and Decatur streets, in Bedford-Stuyvesant.

    The Williamsburg-based sales and rental brokerage opened its second Brooklyn office in Cobble Hill last year, and this marks the third. Founder David Maundrell said he is seeing families increasingly spend roughly $1 million in Bed-Stuy to convert a three-family house into a single-family one. [more]

  • From left: Jason Goodman, 3rd Ward Brooklyn at 195 Morgan Avenue and 3rd Ward's Philadelphia location at 1227 North 4th Street

    From left: Jason Goodman,195 Morgan Avenue, Brooklyn and 1227 North 4th Street, Philadelphia

    Bushwick art and design space 3rd Ward, shutting down after seven years as an educational work space, will not be refunding the bucks members plunked down for access to the 30,000-square-foot work space. The company alerted would-be artisans and dozens of subleasing tenants in an email. [more]

  • 1245-fulton-st-rendering

    1245 Fulton Street rendering (Inset: Planet Fitness logo)

    Planet Fitness plans to pump up the presence of fitness in Bedford-Stuyvesant with a new gym. The fitness chain signed a 22,500-square lease for the first floor, second floor and basement of 1245 Fulton Street, near Arlington Place. [more]

  • bed-stuy

    426 Bainbridge Street rendering and Boaz Gilad

    In recent years, brokers had a hard time branding the area east of Malcolm X Boulevard in Bedford-Stuyvesant. Now, as this section of the neighborhood is on the eve of resurgence, they call it “Bed-Stuy East.”

    Weissman Equities is starting construction on a mixed-use building at 426 Bainbridge Street later this month. A café, wine store and custom T-shirt retailer have approached the company’s co-founder, Seth Weissman, with offers for the available retail space. [more]

  • 742-559-O'Brien

    From left: 742 Madison Street, 559 Decatur Street (Photo credit: PropertyShark) and Stephanie O’Brien

    It’s tough out there for a Brooklyn buyer looking to land a modestly priced townhouse. But in the gentrifying area of Bedford-Stuyvesant, private buyers face even stiffer competition than elsewhere in the market for homes and small multi-family properties. Over the past year, investors have snapped up nearly three-quarters of the one-, two- and three-family houses sold at the low-end of the market in the neighborhood. [more]

  • From left: 442 Troutman and

    From left: 442 Troutman Street and the Bushwick Collective at Troutman Street and Saint Nicholas Avenue

    An industrial Bushwick strip is quickly transforming into a hub of nightlife and culture with the addition of a music hall, lounge, urban garden and high-end pizzeria. [more]