Downtown Brooklyn | The Real Deal New York

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Downtown Brooklyn

Downtown Brooklyn
Brooklyn, NY 11201

Downtown Brooklyn is the main office and shopping district of the borough of Brooklyn, connected to Manhattan by the Brooklyn Bridge and the Manhattan Bridge. The neighborhood is home to many municipal government offices. Office buildings in downtown Brooklyn include the Williamsburg Savings Bank Tower and the MetroTech Center complex. Shopping is concentrated at Fulton Mall. Downtown Brooklyn has been the site of residential redevelopment since a rezoning in 2004 and contemporary residential developments include the Oro at 306 Gold Street, Toren at 150 Myrtle Avenue, and the BellTel Lofts at 365 Bridge Streets. -WP

  • Address Downtown Brooklyn
  • neighborhood Downtown Brooklyn
  • borough Brooklyn

02/15/19
...soon be 400 more seats at the theater’s Downtown Brooklyn location. Alamo Drafthouse have inked a lease to add 25,000 square feet to their current...

02/13/19
...million. Sutton recently sold a portfolio of four Downtown Brooklyn buildings for $22 million to United American Land. 3.) An entity connected to JLJ V Enterprises...

02/13/19
...filed last year at about 2.6 million, followed by Downtown Brooklyn (2.5 million), the LIC area (2.4 million), Manhattan’s 125th Street corridor (1.7 million) and Greenpoint (1.6 million...

02/11/19
...at the Azure, located at 436 Albee Square in Downtown Brooklyn, reportedly began when Goldman's All Year Management and Gluck's Spencer Equity struck a deal...

02/11/19
...One of the new locations will be in Downtown Brooklyn at the City Point development, and the other will arrive at the South Street...

02/11/19
...Street, and 409 Eastern Parkway in Brooklyn (Credit: CityRealty) Downtown Brooklyn was all over the list of January’s top 10 outer borough loans. The neighborhood...

02/07/19
...the top neighborhoods by transaction volume at 54, while Downtown Brooklyn and Park Slope were the top neighborhoods by dollar and building volume at roughly...

02/06/19
...go vertical with a 122-unit condominium tower in Downtown Brooklyn now that it has landed construction financing. The Greenwich Village-based development firm landed a...

02/06/19
...million for the property at 22 Chapel Street in Downtown Brooklyn, which the company is developing into a 180-unit apartment building with partner OTL Enterprises...

...filed last year at about 2.6 million, followed by Downtown Brooklyn (2.5 million), the LIC area (2.4 million), Manhattan’s 125th Street corridor (1.7 million) and Greenpoint (1.6 million...

01/30/19
...dispensary in early 2016, now has an outpost in Downtown Brooklyn. The Columbia Care Rochester dispensary The dispensary inked a 7,000-square-foot lease at the ground...

01/28/19
...million construction loan for their 27-story condo in Downtown Brooklyn from Bank OZK and iStar Financial. That new 183-unit development at 10 Nevins Street is...

01/24/19
...higher dollar per square foot. At CityPoint in Downtown Brooklyn, for example, developer Acadia Realty Trust could have brought in a bank, but the...

01/23/19
...while the $170 million sale of 90 Sands Street in Downtown Brooklyn took third place. UPS purchased the Red Hook site from Sitex Group, and the...

01/21/19
...to TerraCRG. That's not far off from $390 in Downtown Brooklyn. And real estate experts say any rental project being developed for $350 per buildable square...

01/16/19
...American Land just bought four buildings on a Downtown Brooklyn block from retail investor Jeff Sutton, paying $22 million for the small portfolio. The purchase...

01/16/19
...development and rental and home price growth, put Downtown Brooklyn in the No.1 spot, followed by East Flatbush and then the Lower East Side...

01/14/19
...for Brookfield Asset Management’s 1 Pierrepont Plaza in Downtown Brooklyn. Barclays, Citibank and Bank of America combined to loan Brookfield $127.95 million to refinance its...

01/08/19
...to add roughly 35,400 units by 2021. Williamsburg, Greenpoint and Downtown Brooklyn are among those getting the biggest influx of product. “Developers feel there’s a...

01/03/19
...for the rental tower at 22 Chapel Street in Downtown Brooklyn, and Denver-based EverWest Real Estate Partners provided a $40.5 million mezzanine loan, Commercial Observer reported...

...to add roughly 35,400 units by 2021. Williamsburg, Greenpoint and Downtown Brooklyn are among those getting the biggest influx of product. “Developers feel there’s a...

...development and rental and home price growth, put Downtown Brooklyn in the No.1 spot, followed by East Flatbush and then the Lower East Side...

12/31/18
...the firm's move to a new office in Downtown Brooklyn, FXFowle Architects rebranded as FXCollaborative Architects. At the time, Dan Kaplan, the senior partner...

12/27/18
...Nevins Street; Adam America, Slate, China Vanke | $197 million Downtown Brooklyn saw several towers with ambitious sellouts this year. And Adam America Real Estate, China...

12/27/18
...A rendering of 260 Gold Street in Downtown Brooklyn (Credit: CityRealty) Joseph Brunner and Abe Mandel's Bruman Realty secured about $102.5 million in financing...

07/11/16
...month to build a 150,431-square-foot rental building in Downtown Brooklyn. According to plans, the building will have a 180 units on the third through 20th...

01/08/16
...units), Red Apple Group’s 86 Fleet Place in Downtown Brooklyn (440 units), and Clipper Equities’ and Chetrit Group’s 77, 85 and 87 Commercial Street in Greenpoint (720 units...

...Market Hall in the City Point development in Downtown Brooklyn. The market, which is scheduled to open in late 2016, will be the borough’s...

12/30/15
...retail portion of the City Point megaproject in Downtown Brooklyn with Acadia Realty Trust. “When you look at the list from last year, apparel...

...four Brooklyn neighborhoods — Dumbo, Cobble Hill, Williamsburg and Downtown Brooklyn — have seen their rents surpass the Manhattan average, according to an October report from...

10/14/15
...Estate with 157 units (including the 144-unit 388 Bridge in Downtown Brooklyn), Davbel Property with 146 units and Flank Development with 128 units. Along with Davbel, a firm...

...s 16 projects were announced in 2013 or later. “In Downtown Brooklyn and Boerum Hill, you walk down the street and you see so many holes...

...major deals from Times Square to Soho to Downtown Brooklyn. This month, as many of these moguls spend the dog days of summer in...

...million-square-foot City Point project, a mixed-use development in Downtown Brooklyn. • Related Companies raised a record $600 million, for it’s massive 28-acre, 17.4 million-square-foot mixed mega...

01/13/15
...Marshalls took 27,000 square feet at 66 Boerum Place in Downtown Brooklyn for the second-largest deal, followed by Michaels taking 26,407 square feet at Renaissance Realty Group...

...neighborhood but it has some wonderful, unique features.” Downtown Brooklyn Inventory change from 2009: 50.5 percent drop Inventory change from 2013: 6.3 percent drop Although a batch of...

...Dumbo, and 286 Ashland Place, a 381-unit tower in Downtown Brooklyn. Meanwhile, the Virginia-based AvalonBay, a publicly traded real estate investment trust that ranked No...

...AvalonBay Communities’ Avalon Willoughby at 88 Willoughby Street in Downtown Brooklyn, meanwhile, will reportedly have 861 units. “These are all the mega-projects that weren’t going...

...includes the 250-unit condo conversion BellTel Lofts in Downtown Brooklyn. The duo took over the project a year ago from Manhattan super-broker Ilan Bracha...

...firms have stuck to Northwest Brooklyn neighborhoods near Downtown Brooklyn, while Fillmore has dominated the lower-priced Southern Brooklyn market. Fillmore had made some forays...

...of a retail building at 496 Fulton Street in Downtown Brooklyn by Crown Acquisitions as part of the revamping of the Fulton Street Mall — helped...

...a retail store on the Fulton Mall in Downtown Brooklyn, for $46.4 million (see story on next page). And in November 2009, Crown Acquisitions was a...

...Slope. Click image for larger version "There's the Downtown Brooklyn brokers, and the rest of Brooklyn," said Reinhardt, noting that the big Manhattan firms...

...nervous." Don Capoccia, the developer of Toren in Downtown Brooklyn, which reached 50 percent sold in December, said removing the sidewalk shed outside the building...

...new luxury rental towers popping up everywhere, from Downtown Brooklyn to Williamsburg. At the Brooklyner, a new 51-story tower in Downtown Brooklyn, studios start...

...completed include the One Hanson Place condo in Downtown Brooklyn, which involves the conversion of the iconic Williamsburg bank building; the conversion of the...

FirstResidential
...than in Williamsburg and 20 percent higher than in Downtown Brooklyn. The top 10 luxury residential buildings across the city can be found in Chelsea, Downtown...

Streeteasy
...Median rents in Downtown Brooklyn, Williamsburg and Cobble Hill are higher than Manhattan’s overall median rent. Although rent...

...same period last year, and rose 70 percent in Downtown Brooklyn. View the full report online here. August 2015 Brooklyn new developments: Halstead Property Development Marketing...


...accounted for 64 percent of all units sold, although Downtown Brooklyn, which accounted for only 2 percent, led in sales volume. View the full report online...

...vacancy rate are spurring Brooklyn’s retail expansion. Downtown Brooklyn’s Fulton Mall and retail along Bedford Avenue in Williamsburg are now commanding prices...

...from the previous year. Sales were strongest in Downtown Brooklyn and Park Slope, which totaled $1.5 billion in sales from 319 properties. View the full report...

...highest prices, averaging $241 per buildable square foot. Meanwhile, Downtown Brooklyn came in second highest, averaging $239 per buildable square foot. In 2014, there was 338 verified sales...