From left: Frank Arends, Patty LaRocco, Terry Naini and Ginger Brokaw

Three senior vice presidents from Prudential Douglas Elliman’s 26 West 17th Street office started today at Town Residential, according to their new firm. [more]

Sales have launched at the new Karl Fischer-designed condominium at 226 15th Street in South Park Slope, the former site of the Globe Theater. The building, which has a 15-year tax abatement, contains 22 one- and two-bedroom units, which hit the market for between $475,000 and $700,000 this week. For the first 10 buyers, the developers are offering up storage rooms. Terry Naini of Prudential Douglas Elliman is marketing the property. TRD [more]

From the July issue: One: That’s the number of apartments that closed in Cobble Hill in May.
There was also just one single solitary closing the month before that
in April, according to research compiled by StreetEasy. This month The
Real Deal zeroed in on the area to find out what kinds of deals were
making it to closing. While on the face of it, that one deal seems like
a pretty bleak indicator of the market in the Brooklyn neighborhood,
those in the know maintain it’s not nearly as bad as it appears. Comments

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