Nonsponsored
Whale Square in Sunset Park, Brooklyn. (Courtesy: Madison Realty Capital)A soccer organization has signed a lease with a realty firm to establish its first U.S. indoor facility on the third floor of the Brooklyn Whale Building in Sunset Park, developers announced this week. Urban Soccer [http://www.urbansoccer.
fort greene
Image via Google Maps.A new three-story office building may be coming to the corner of Flushing Avenue and Ryerson Street if the building application and permits are approved for Madison Realty Capital and Perkins Eastman. The site at 256 Flushing Avenue is currently an empty garage and sits next
551 Waverly Avenue
Image via HTO Architect.The former site of Beigel Bakery will soon be transformed [/blog/2014/11/13/beigels-bakery-will-become-five-story-apartment-retail-building/] into an eight-story residential building with a wide strip of ground floor retail along Atlantic Avenue, according to new renderings from designer HTO Architect, which is working with developer Madison Realty
421-A property tax exemption program
The potential sunset [/blog/2015/02/02/local-pols-slam-city-property-tax-exemption-program-saying-fuels-gentrification/] of the city’s 421-A property tax exemption program [http://www.nyc.gov/html/hpd/html/developers/ahp.shtml] has many real estate developers putting a rush on construction projects in an attempt to capitalize on the program’s benefits — a reduction
490 Myrtle Avenue
Image courtesy of Myrtle Avenue Brooklyn Partnership [http://www.myrtleavenue.org/new-buildings-planned-myrtle-avenue-clinton-hill/]. The Myrtle Avenue Brooklyn Partnership [http://myrtleavenue.org] (MABP) today released a list of five buildings [http://www.myrtleavenue.org/new-buildings-planned-myrtle-avenue-clinton-hill/] that are currently under-construction or seeking approval from the Buildings Department (DOB) to build along the four-block
3112-3144 emmons ave
Ownership of the remaining, unoccupied Breakers condominium units, located at 3112-3144 Emmons Avenue, has changed hands yet again, selling to an undisclosed buyer for $24.5 million [http://www.prnewswire.com/news-releases/madison-realty-capital-announces-sale-of-sheepshead-bay-condominium-units-for-245m-241491921.html] . The sale included 49 unoccupied units totaling 64,561 square feet and 43 parking spaces. There
3112-3144 emmons ave
The profitability of the 3112-3144 Emmons Avenue waterfront condominiums known as the Breakers remains up in the air as Madison Realty Capital just acquired a $23.5 million note in default from the complex’s previous owners, according to a report by Globe St [http://www.globest.com/news/12_