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Recent verified stories specifically about Brooklyn.
What changed: Newly reported Ariel Property Advisors data put New York City development-site sales at $5.24 billion across 326 transactions during the first nine months of 2026, up 9.7% in dollar volume from a year earlier. Brooklyn accounted for about 40% of transactions, while Queens dollar volume more than doubled to $1.15 billion. Developers also filed plans…
Read this storyWhat changed: Work is wrapping up on The Grand Prospect at 263 Prospect Avenue, a five-story project containing 150 rentals in one- to three-bedroom layouts. Interior and entrance work is nearing completion. Nearby, demolition is underway at 403–405 Fifth Avenue for a five-story mixed-use project with 12 apartments and ground-floor retail, targeting spring 2028. Demolition is also…
Read this storyWhat changed: New renderings were released for 87 Havemeyer Street, a planned seven-story building with 35 residences and an unspecified affordable component. The project is proposed for a vacant former garden-center site near the Metropolitan Avenue G and Lorimer Street L stations.
Read this storyWhat changed: Permits were filed for a four-story residential building at 229 Quincy Street. The proposed 9,164-square-foot project would contain 10 residences averaging approximately 916 square feet, most likely rentals, plus a cellar and penthouse.
Read this storyWhat changed: A new rendering was released for 900 60th Street, a proposed 13-story mixed-use building with 150 apartments, ground-floor retail and a 50-car garage. The developer expects 35 to 42 apartments to be affordable at 60% to 80% of area median income and has submitted a rezoning application.
Read this storyWhat changed: Alpha Realty’s third-quarter report counted 110 Brooklyn multifamily transactions totaling $441.9 million. Deal count increased 12.2% from a year earlier, and buildings with fewer than 10 units generated 90 of the borough’s transactions and $236.2 million in volume.
Read this storyWhat changed: Marcus & Millichap reported the $2.7 million sale of 417 Myrtle Avenue, a 4,320-square-foot building on a 1,773-square-foot lot. The property contains three two-bedroom apartments and a ground-floor commercial unit occupied by Myrtle Town Deli & Grill.
Read this storyWhat changed: A joint venture of Avery Hall Investments, Bridge Investment Group and Declaration Partners secured a 10-year, fixed-rate $95 million loan from KKR for 544 Carroll Street. The 17-story building contains 133 apartments—98 market-rate and 35 affordable—plus 6,284 square feet of ground-floor retail.
Read this storyWhat changed: Newly released images show exterior progress at Anagram Gowanus, the 20-story mixed-use tower under construction at 450 Union Street along the Gowanus Canal. The approximately 203,000-square-foot project is planned for 158 rental apartments, including 40 affordable homes, plus roughly 22,000 square feet of retail and community space and a public waterfront esplanade. Leasing is expected…
Read this storyWhat changed: Permits were filed for a six-story, 75-foot residential building at 124 2nd Street, at Bond Street in Gowanus. The proposed building would contain 10,828 residential square feet, seven homes, a penthouse and one enclosed parking space. Based on the average unit size of about 1,546 square feet, the residences are likely intended as condominiums. Demolition…
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