Anyone who read the recent Times Magazine article about the incredibly close-knit and financially successful community of Syrian Jews in Gravesend may not be all that surprised to learn that one of its business leaders just sold his 7,526-square-foot house for $10 million. The seller was Joseph Cayre, founder of Midtown Equities and a former Latin music producer; the buyer was an LLC. While the $10 million number falls short of the $10.75 million paid for 140 Columbia Heights, it continues a trend of sky-high prices in the South Brooklyn neighborhood: Five out of the nine highest sales prices ever recorded in Brooklyn have been in Gravesend.
Developer sells Brooklyn home for $10M [The Real Deal] GMAP P*Shark
Photo by Nicholas Strini for PropertyShark
Halstead is opening an office in Bed Stuy at 316 Stuyvesant Avenue, the company told us. The former Bed Stuy team of Evans & Nye — Ban Leow, Morgan Munsey and Donna Myrie — will work out of the space. Halstead executive director of sales in Brooklyn, Trish Martin, will oversee the office, said DNAinfo, which […]
Last week an LLC called Buffalo Avenue Realty Associates picked up St. Mary’s Hospital at 170 Buffalo Avenue in the Weeksville neighborhood of Crown Heights. The large private Catholic institution closed in 2005. Surprisingly, it will not be converted into rentals or condos. The new owner has already leased the building to Prospect Park Nursing Home of 1455 […]
De Blasio’s Neighborhood Among City’s Top Property Tax Savers [NY Post] Activists Target Brooklyn Bridge, Unisphere for Protest Banners [NY Daily News] Website Turns 311 Complaints Into Cartoon Map of Brooklyn Neighborhoods [NY Daily News] Nephew of Slave Theater Owner Says Home Obtained License to Evict Seniors [NY Daily News] Sandy Left Scars on Brooklyn Public […]
Zamperla Announces Plans for Water Park on Former Thunderbolt Site [Brooklyn Paper] McCarren Park Tree Decorated for 3/11 Japanese Earthquake and Tsunami Memorial [Greenpointers] Attention Drivers: Lane Closures Scheduled for Belt Parkway at Bay Ridge Avenue [Bensonhurst Bean] Man Indicted for Taking $10K Painting of Basquiat From Williamsburg Gallery [DNAinfo] Pinnacle Buys out Partner in $208 Million Deal for […]
Scaffolding has gone up on the side of the Coignet Building next to Whole Foods, above, where it appears the grocer is finally making good on its obligation to repair the landmark, Gowanus Your Face Off reported. As we noted previously, in December a renovation permit was approved and Whole Foods was fined $3,000 by the […]