Halstead Acquires Aguayo, Development Projects

Halstead Property has acquired Brooklyn real estate and development firm Aguayo Real Estate Group, The Real Deal reported. Halstead will take over the firm’s office at 224 5th Avenue in Park Slope as well as about 20 development projects in the pipeline. Aguayo is known for developing Haus 96 in Prospect Heights, the first passive house condo building in the U.S., which uses no more energy than it produces, according to The Real Deal. All four units sold in about a week. Projects in the works include apartment buildings in Carroll Gardens, Prospect Heights, Bedford-Stuyvesant and Williamsburg. Firm founder Peggy Aguayo and her son Brendan Aguayo will join Halstead.