News:
Spotlight Content
Posted: November 14, 2023
2023 Commercial Real Estate Visionaries: Lee Brodsky of BEB Capital
CEO
BEB Capital
Lee led BEB Capital’s joint venture with Douglaston Development and Totem to build a 17-story mixed-income multifamily development at 1057 Atlantic Ave. in Brooklyn’s Bedford-Stuyvesant neighborhood. Of the 456 units, 137 will be permanently affordable, a game-changing and impactful development at a time when the city needs more affordable housing.
What recent project, transaction, or accomplishment are you most proud of?
I’m most proud of the first closing of BEB Capital’s Credit Opportunity Fund, which occurred in July. We raised approximately $150 million of capital and debt commitments for the fund, which will seek to generate attractive risk-adjusted returns, backed by diversified real estate loans to high-quality sponsors in the US.
Tags:
Spotlight Content
MORE FROM Spotlight Content
2026 Developing Queens: The Sutphin Hillside Towers at Jamaica Station
Queens, NY Asset CRG Advisors brokered one of the largest Opportunity Zone development sales in the country — a transformative site in the heart of downtown Jamaica. Managing partners Yuriy Ustoyev and Sadya Liberow represented both buyer and seller in the $59.7 million transaction
.png)
Quick Hits
Columns and Thought Leadership
From vacancy to vitality: How adaptive reuse is reshaping Long Island’s CRE landscape - by Andrea Tsoukalas Curto
Adaptive reuse has become one of the most important conversations in commercial real estate today. Long Island has a large inventory of aging retail, office and industrial
2026 Developing Queens: Long Island Board of Realtors advances commercial growth and advocacy in Queens
The Long Island Board of Realtors (LIBOR) Commercial Network continues to play a key role in advancing opportunities and strengthening the commercial real estate landscape across Queens. Through targeted programming and global outreach
CRE Guide Featured Company: Merritt Environmental Consulting Corp.
Merritt Environmental Consulting Corp. (MECC) was established in June of 2009 after being part of a larger engineering firm for almost 20 years. The focus of the company is to assist lending institutions, attorneys, real estate investors, and property owners with environmental concerns. Today, MECC has offices in New York, Florida, and Vermont and has grown into a regional consulting firm serving clients along the East Coast.
Properly serving a lien law Section 59 Demand - by Bret McCabe
Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.
