Rabsky Group scores $92M loan for big Gowanus project
Simon Dushinsky and Isaac Rabinowitz’s Rabsky Group scored a $92 million construction loan for a large mixed-use project in...
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Vice scraps move to Rudin’s Dock 72
Vice Media will remain in its 77,000-square-foot Williamsburg office digs and not move to Rudin Management’s Dock 72 as had been expected. Vice has renewed its lease with WEB Holdings LLC, the owner of...
Passive house asking $15M tops Brooklyn contracts
An eco-friendly 19th-century townhouse was the most expensive home to go into contract in Brooklyn last week. The seven-bedroom...
Mighty Midwood bookends top outer-borough loans
Brooklyn dominated the list of April’s 10 largest real estate loans in the outer boroughs, with six projects fetching...
Life Time takes 100K sf in JDS’ Brooklyn Tower
Michael Stern’s JDS Development landed the tenant of a lifetime at Brooklyn’s first supertall. Life Time signed a lease...
NYC rents soar as Covid deals die
Rents in New York soared so high in April that even discounted leases hit new heights. Net effective median rent on a unit with concessions in Manhattan hit a new high last month at...
Fortis’ Olympia Dumbo on track to be Brooklyn’s most expensive building
Pound for pound, Fortis Property Group’s 76-unit condo project in Dumbo is shaping up to be Brooklyn’s most expensive...
Brooklyn retail rents on the rise
Retail space got costlier in most Brooklyn commercial corridors in the past 12 months. Of 17 major retail corridors in the borough, 10 had average asking rent per square foot grow from last winter...
Brooklyn Heights townhouse asking $11M leads Brooklyn’s priciest contracts
A condo at 30 Front Street in Dumbo was once again among the most expensive listings to find a...
I-sales: Maligned landlord sells in Park Slope, Midtown apts trade for $42M
Multifamily assets continued to attract buyers despite a slow week for New York City’s investment sales market, including two...