Real estate firm TerraCRG announced it has closed sales on five commercial properties in Brooklyn. While all were spread out across the borough and separate deals, the value of the five came to $10.08 million, the firm said. The new owner of a vacant, 9,540 square foot residential development site at 375 Prospect Place in Prospect Heights, above, plans to develop a six-story-high building with seven units. It sold in October for $1.2 million, said TerraCRG. As we reported that month, the architect is Bricolage Architects and Design. Other deals likely to spur changes were at 156 Broadway between Bedford and Driggs in Williamsburg. There, a vacant, mixed-use, three-story building sold in September for $2.65 million. Over in Cobble Hill at 213 Union Street another vacant, three-story, mixed-use building sold for $1.275 million. The other sales were at the boutique-condo-turned rental building at 137 5th Avenue in Park Slope and a rent-stabilized eight-unit building 139 Starr Street in Bushwick, both occupied. “These recent transactions demonstrate the strength of the Brooklyn commercial sales market which we anticipate will total $3 billion dollars in sales for 2012,” said Ofer Cohen, founder and president of TerraCRG.
Judge Dismisses 150 Joralemon’s Bike-Share Suit [Streetsblog] Citi Bike May Raise Rates [Gothamist] What’s up With Cops Ticketing Jaywalkers at McGuinness? [Greenpointers] Sweat Lodge on the Shore of the Newtown Creek Via Urban Spa Organics [Greenpointers] Open Studio: Lady Grey’s Industrial Greenpoint Studio Is a Metal Head’s Dream [Racked] Nightwood Is Leaving Williamsburg, Sharktooth Is Moving In [Bedford + Bowery] The Yellow King Will […]
Learn about gardening and food policy at the Brooklyn Botanic Garden this weekend during its 33rd annual Making Brooklyn Bloom conference. The event, which is free with admission to the garden, includes workshops, networking lunches for gardeners and urban famers, walking tours and gardening how-tos. Workshops will cover topics like composting, soil contamination, nature walks […]
Brooklyn, one building at a time. Name: Row houses Address: 175-183 6th Avenue Cross Streets: Lincoln and Berkeley places Neighborhood: Park Slope Year Built: 1889 Architectural Style: Romanesque Revival Architect: Frederick B. Langston Other work by architect: Row houses on Hancock Street, Bedford Stuyvesant. With frequent partner Magnus Dahlander – row houses, flats buildings in […]
A group of artists are transforming a large parking garage on Dean Street between Grand and Classon into a performance space that will feature a restaurant, bar, art gallery and a large backyard, as DNAinfo was the first to report. Their venture, Global Square, will host concerts, dance performances, movie nights and art shows at […]
Crown Heights 466 Prospect Place Broker: Fillmore Price: $2,999,000 Sunday 1:00 – 2:30 GMAP Williamsburg 265 North 6th Street Broker: Elliman Price: $1,750,000 Sunday 1:00 – 2:30 GMAP Crown Heights 1537 Pacific Street Broker: Urban Vue Price: $1,600,000 Saturday 10:00 – 2:00 GMAP Bed Stuy 600 Hancock Street Broker: Sky Group Realty Price: $800,000 Saturday […]