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Thor abandons plans for 800K-sf Red Hook office complex
February 15, 2019 06:47PM
David M. Levitt
Joseph Sitt’s Thor Equities is scrapping plans for an 800,000-square-foot office complex on the Red Hook shoreline, a source told The Real Deal. Instead,...
UPS just bought a gargantuan Red Hook site for $303M
December 24, 2018 03:30PM
UPS bought an industrial site in Brooklyn that it had leased just last year and will likely be the site of a new distribution...
Port Authority puts the kibosh on selling
Red Hook Container Terminal
October 18, 2018 08:40AM
The real estate dreamers hoping to unlock 80 acres of prime Brooklyn waterfront are going to have to wait a while — the Red...
FDNY: Blaze at Chetrit Group’s Red Hook warehouse was set intentionally
July 09, 2018 03:20PM
A fire that ripped through a Red Hook warehouse owned by the Chetrit Group and Crown Acquisitions was no accident, according to city officials....
Sayonara, subway: How ridesharing apps are changing the real estate calculus for brokers and developers
March 20, 2018 07:00AM
It’s been New York City real estate 101 for as long as anyone can remember: If you want to fill your residential units quickly...
AECOM gets new digs in Industry City
January 11, 2018 10:00AM
AECOM is opening a new office in Brooklyn as the engineering giant takes on more work in the borough. The company leased 15,000 square...
Dov Hertz buying 4-acre Red Hook site next
November 21, 2017 06:00PM
Dov Hertz’s DH Property Holdings, in partnership with Goldman Sachs Asset Management, is in contract to acquire a four-acre development site next to the...
UPS signs megadeals in BK and Queens
October 30, 2017 06:22PM
When it comes to leasing volume for industrial space in New York City’s outer boroughs, UPS is delivering. The package-delivery giant recently signed a...
Sitex secures $94M to buy Red Hook development site
May 12, 2017 12:15PM
UPDATED: May 12, 1:45 p.m.,: Sitex Group scored a $94 million acquisition loan for the Red Hook development site it is buying from Est4te...
Est4te Four selling Red Hook office assemblage to Sitex for $110M
May 01, 2017 08:00AM
UPDATED, May 1, 8:55 a.m.: Red Hook’s most ambitious mixed-use project will not see the light of day. Italian developer Est4te Four has abandoned plans...
Tesla expands at LIVWRK’s Red Hook building
February 09, 2017 11:30AM
Elon Musk’s Tesla Motors is growing its footprint at LIVWRK’s office conversion at 160 Van Brunt Street in Red Hook.
Historic Ellis Island ferry asks $1.25M
January 13, 2017 11:03AM
All you need is $1.25 million to acquire one of New York’s most historic (and buoyant) properties. A storied Ellis Island ferry that served...
Could AECOM actually pull off its plan to transform Red Hook?
September 13, 2016 06:15PM
Many great real estate projects start out as abstracts — but whether or not AECOM’s vision to transform Red Hook’s waterfront has legs hinges...
AECOM proposes massive resi project in Red Hook
September 12, 2016 05:30PM
Construction giant AECOM has proposed a plan to turn the Red Hook waterfront into a residential neighborhood roughly the size of Battery Park City.
Thor planning huge Red Hook waterfront office complex
June 01, 2016 06:05PM
Thor Equities may be marketing a good chunk of its New York City portfolio, but the Joseph Sitt-led firm is still planning a 623,000-square-foot...
Red Hook is getting its red letters back
April 03, 2016 11:00AM
It isn’t Hollywood, but for years Red Hook had its own iconic sign. Those entering the neighborhood at Van Brunt Street and Hamilton Avenue...
Tesla Motors inks lease for first Brooklyn showroom
February 19, 2016 12:29PM
Tesla Motors is set to anchor LIVWRK’s office conversion at 160 Van Brunt Street in Red Hook, marking the electric car giant’s first foray into...
NYCHA Red Hook Houses to receive $438M in federal aid
February 10, 2016 05:40PM
The Federal Emergency Management Agency allocated over $438 million to NYCHA’s Red Hook Houses for Super Storm Sandy repairs and to construct two power plants. Architecture...
Neighborhood Dive: Red Hook rebounds
December 15, 2015 04:30PM
From the December issue: Red Hook has come a long way from its gang-infested days in the 1980s when the South Brooklyn Neighborhood was...
Buyers snap up Sanba Partners’ Red Hook townhouses
October 01, 2015 03:30PM
Buyers are signing on the dotted line for Sanba Partners’ new construction townhouses in Red Hook, where 12 out of 22 homes have sold...
Home Depot buys Bronx retail location from Madison International Realty for $40M
Keller Williams Midtown CEO forced out: sources
Sitex continues buying spree with $36M industrial buy in Queens
Rabsky sells Williamsburg apartment building to UDR for $130M
Lichtenstein on Amazon pullout: “Worst day for NYC since 9-11”
February 2019 issue
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