Dermot buys Boerum Hill rental for $142M
A Maryland-based real estate fund is calling it quits on a Boerum Hill rental building, and taking a small hit in the process. The Dermot Company picked up The Addison at 225 Schermerhorn Street...
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GFI sells ground under Ace Hotel in Brooklyn for $45M
UPDATED, Feb. 11, 2021, 11:55 a.m.: Development firm GFI Capital Resources has sold the ground beneath its 285-key Ace...
Organic supermarket coming to Boerum Hill
Downtown Organic Market has signed a lease at 561 Pacific in Boerum Hill. The high-end grocer will occupy 6,150 square feet along Fourth Avenue, at the base of Adam America Real Estate’s 62-unit condominium...
Brooklyn luxury market sees seven deals for second week in a row
Brooklyn’s luxury market is inching its way back to normalcy: It just had its second week in a row...
Cobble Hill townhouse is again priciest Brooklyn contract
For the second week in a row, a townhouse on Amity Street in Cobble Hill was the priciest residential...
Sorry, developers: The Boerum Hill historic district is expanding
The Boerum Hill Historic District is getting about 300 buildings larger. The Landmarks Preservation Commission agreed to broaden the...
Hidrock pays $31M for Boerum Hill
mixed-use building
Hidrock Properties picked up the Boerum Hill home of the New York Sports Club for $30.5 million, according to...
mixed-use building
Maryland fund buys Boerum Hill rental for $154M
A Maryland-based real estate fund scooped up a Boerum Hill apartment complex for $154.3 million. The Multi-Employer Property Trust...
Flank pays $88M to buy Carlyle out of the Hilton Brooklyn
Architecture and development firm Flank paid $88 million to buy the Carlyle Group out of the Hilton Brooklyn.
Flank buys Carlyle out of Brooklyn Hilton project
Flank is buying the Carlyle Group out of their jointly developed Brooklyn Hilton hotel in Boerum Hill. As part...