Bushwick | The Real Deal New York

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Bushwick

Bushwick
Brooklyn, NY 11221

Bushwick is a neighborhood in northern Brooklyn, bounded by Flushing Avenue, Broadway, the borough of Queens and the Cemetery of the Evergreens. Some real estate market participants call it East Williamsburg and sometimes include the industrial area north of Flushing Avenue in the neighborhood, calling it Industrial Bushwick. Knickerbocker Avenue is Bushwick's main shopping street. The neighborhood owes its rising property prices to the proximity of Williamsburg to the west and the fact that the popular L subway line runs through it and into downtown Manhattan (though service to Manhattan will stop for 18 months starting in early 2019 to repair tunnel damage from Superstorm Sandy). Housing stock consists mostly of two- to three-family row houses and midsize apartment buildings. Hundreds of units in the neighborhood are government-subsidized. As in Williamsburg in the 1990s, Bushwick's warehouses have been repurposed as artists' studios or as sites for large parties. Manhattan and Williamsburg transplants, in search of cheaper housing and more space, have been pushing out Bushwick's immigrant and Latino population. As of 2015, Dallas-based developer Lincoln Property Company was converting a 100,000-square-foot factory at 455 Jefferson Street into an office building with retail space. Bushwick Realty Holdings LLC, controlled by Brooklyn landlord Moshe Braver, plans to build a 180-unit residential apartment building at 338 Evergreen Avenue. Other residential developments include 330 Bleecker Street, 13 Melrose Street, Colony 1209 at 1209 DeKalb Avenue, 51 Troutman Street and 95 Evergreen.

  • Address Bushwick
  • neighborhood Bushwick
  • borough Brooklyn

02/13/19
...is converting a warehouse at 105 Evergreen Avenue in Bushwick for its fourth project in New York. The niche storage facility will cater to...

02/13/19
The Blackstone Group continues to up its industrial game at a time when logistics properties remain hot commodities. The private equity firm picked up a...

02/13/19
...many regulations.” Census tracts designated as OZs in Bushwick and Far Rockaway saw the most activity across new building permits in 2018, with plans...

02/12/19
...now has the money to finish his much-hyped Bushwick rental megaproject. But the debt’s likely going to cost him a lot more...

02/08/19
...its purchase and renovation of 105 Evergreen Avenue in Bushwick, according to a filing recorded with the city's finance department. Steve Novenstein, Uovo's CEO...

02/07/19
...Street from SL Green and Kushner Companies. Bedford-Stuyvesant, Bushwick and Crown Heights were the top neighborhoods by transaction volume at 54, while Downtown Brooklyn...

02/01/19
...a building in Williamsburg, Long Island City or Bushwick and watch the buyers and renters flood in. But those neighborhoods have now largely...

...many regulations.” Census tracts designated as OZs in Bushwick and Far Rockaway saw the most activity across new building permits in 2018, with plans...

01/25/19
...cryptocurrency token for the eight investors of a Bushwick property — who could then sell, buy and document all aspects of their investment through...

01/24/19
The New York City Department of Transportation is on the move. The agency has signed an agreement to lease a vacant warehouse owned by the...

01/22/19
...A view of Denizen Bushwick at 54 Noll Street (Credit: Denizen Bushwick and Pixabay) Yoel Goldman’s Israeli bondholders are...

01/16/19
...sites on the market include 99 Grove Street in Bushwick, 227 Clarkson Avenue in Prospect-Lefferts Gardens and 1312 Lincoln Place in Crown Heights...

01/11/19
...market include 99 Grove Street and 1222 Putnam Avenue in Bushwick; 227 Clarkson Avenue in Prospect-Lefferts Gardens; 658 and 807 Washington Avenue in Prospect Heights; and 1312 Lincoln Place...

01/08/19
...Not all neighborhoods are created equal. Williamsburg and Bushwick, for example, are not only bracing for an influx of inventory, they are also...

...Not all neighborhoods are created equal. Williamsburg and Bushwick, for example, are not only bracing for an influx of inventory, they are also...

01/01/19
...jumped 67.8 percent, to $877,225, and average monthly rents in Bushwick jumped 70.6 percent, to $2,643. Borough-wide over the same period, the average sales price climbed by...

12/27/18
...on industrial and warehouse projects – picked up a Bushwick property for $53 million. The Bethpage-based company bought the 161,000-square-foot warehouse at 333 Johnson Avenue from...

12/24/18
...Use Committee at Brooklyn Community Board 4, which covers Bushwick, said he and his colleagues have been increasingly inundated with requests to hear about...

12/20/18
...on its purchase of a storage facility in Bushwick for $47 million. Uovo has purchased 105 Evergreen Avenue in an off-market deal brokered by Kassin...

12/20/18
...Renderings of Denizen Bshwk at 54 Noll Street in Bushwick (Credit: ODA) Yoel Goldman’s All Year Management has signed a term sheet with...

12/20/18
...HUDSON represented the tenant. 6. Citi Bike, 124 Forrest Street, Bushwick — 30,500 square feet New York’s bike sharing company signed a 30,500-square-foot lease at 124 Forrest...

12/14/18
...s landlord is Allied Properties. 3) Foodtown, 54 Noll Street, Bushwick - 15,000 square feet The grocery store signed a 50-year lease for 15,000 square feet of...

12/04/18
...rental development at the former Rheingold Brewery in Bushwick. The company recently lent Sam Chang’s McSam Hotel Group $76 million for the construction...

...Use Committee at Brooklyn Community Board 4, which covers Bushwick, said he and his colleagues have been increasingly inundated with requests to hear about...

11/30/18
...Renderings of Denizen Bshwk at 54 Noll Street in Bushwick (Credit: ODA Architecture) All Year Management’s massive rental development on the site of...

10/14/15
...edge of Bedford-Stuyvesant, as well as a 398-unit Bushwick rental building that’s part of the Rheingold Brewery redevelopment. Boaz Gilad’s Brookland...

09/02/15
...feet. Four projects and 354 units were planned for Bushwick alone, the biggest at 338 Evergreen Avenue, where Moshe Braver is planning a 180-unit, 304,000-square-foot...

08/04/15
Plans for a Donald Trump luxury clubhouse and two massive affordable housing buildings were filed with the Department of Buildings on the same day in...

07/07/15
...neighborhood’s southeast side at the border with Bushwick, close to where two 100+ key hotels were filed just last month, and also close...

...Ben Tapper, a senior director at Eastern Consolidated. Bushwick Inventory change from 2009: 25 percent drop Inventory change from 2013: 45.5 percent increase Sometimes called the “next...

...to rehab a 40-unit rental at 815 Broadway in Bushwick, which is awaiting city approval. But the borough’s high land prices are giving...

...There are some up-and-coming areas of the city — Bushwick and Greenpoint for example — where Manhattan’s largest firms have yet to gain much...

...more deals in Kensington, Windsor Terrace, Greenpoint and Bushwick, Percesepe said. In 1998, Corcoran became the first major Manhattan firm to venture into Brooklyn...

MNS
...Bushwick saw a 16 percent drop in average rents during August as the number of units...

...average increased 2.7 percent, or $70.20 from February 2014. Studios in Bushwick saw the largest rent increases in the borough. Prices for a studio apartment in...

...The most active neighborhoods in the borough included Bushwick, Bedford-Stuyvesant and Williamsburg. View the full report online here. 2014 NYC multifamily sales: Ariel Property...

...million. The area encompassing Bedford-Stuyvesant, Crown Heights and Bushwick saw the highest number of sales, with 114 transitions totaling $268 million. Click here to view...