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Burlington CEO Michael Sullivan and 2163 Tilden Avenue (Burlington via Facebook; Google Maps)

Burlington Coat Factory inks big lease in Brooklyn

Burlington Coat Factory has leased a big space in Brooklyn and is already gearing up for year-end holiday sales....

Burlington Coat Factory inks big lease in Brooklyn
A deserted Brooklyn retail corridor along 4th Avenue in Park Slope (Credit: Google Maps)

“Overwhelming majority” of Brooklyn retailers asking for rent relief: report

Retail tenants in Brooklyn are requesting rent help from their landlords in droves as the pandemic rages on and...

“Overwhelming majority” of Brooklyn retailers asking for rent relief: report
Infinity Real Estate's Steve Kassin and 1715 East 13th Street (Credit: Infinity Real Estate)

South Brooklyn mixed-use shopping portfolio trades for $165M

Another large mixed-use shopping center in southern Brooklyn has traded hands. A partnership between Infinity Real Estate and Nightingale...

South Brooklyn mixed-use shopping portfolio trades for $165M
Clockwise from left: 168-170 Wythe Avenue, 115 North 6th Street and 129-133 Kent Avenue with L3 Capital's Domenic Lanni (Credit: Google Maps)

L3’s Williamsburg retail properties snag $91M refi

L3 Capital has landed a $90.5 million loan to refinance 11 retail properties in Williamsburg spanning 85,000 square feet....

L3’s Williamsburg retail properties snag $91M refi
Brooklyn retail rents are “starting to flatten”: REBNY

Brooklyn retail rents are “starting to flatten”: REBNY

Retail rents in Brooklyn are dropping throughout a majority of the borough’s prime neighborhoods, according to the latest report...

Brooklyn retail rents are “starting to flatten”: REBNY
JLL expands Brooklyn footprint with two retail hires

JLL expands Brooklyn footprint with two retail hires

JLL has hired its first retail brokers for Brooklyn, picking up a pair of agents from local outfit CPEX...

JLL expands Brooklyn footprint with two retail hires
No one knows who is weaponizing the DOB against small businesses

No one knows who is weaponizing the DOB against small businesses

It could be an irksome neighbor, or possibly devious and savvy business rivals. Perhaps it’s a developer intent on...

No one knows who is weaponizing the DOB against small businesses
Gazit-Globe buys Williamsburg retail condo for $47M

Gazit-Globe buys Williamsburg retail condo for $47M

Israeli company Gazit-Globe has made another major purchase in the Brooklyn retail market. The firm purchased the retail condo...

Gazit-Globe buys Williamsburg retail condo for $47M
Here’s what the $10M-$20M NYC investment sales market looked like last week

Here’s what the $10M-$20M NYC investment sales market looked like last week

1.) Jorge Madruga’s Maddd Equities sold a three-story commercial building in Flatbush for $10.2 million. The 18,000-square-foot property, at...

Here’s what the $10M-$20M NYC investment sales market looked like last week
Retail asking rents continue to rise across majority of Brooklyn: REBNY

Retail asking rents continue to rise across majority of Brooklyn: REBNY

More of Brooklyn’s retail streets saw average asking rents climb higher this winter than ones that experienced declines. And...

Retail asking rents continue to rise across majority of Brooklyn: REBNY
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