Upside Ventures' office condos at Greenpoint Lofts reportedly 40% sold
A few months after closings began at Brooklyn's first commercial condominium building, Greenpoint Lofts is now 40% sold. The five-story corner building at 231 Norman Ave. in Greenpoint is the newest offering from Upside Ventures.
With units ranging from 600 to 1,150 s/f, Greenpoint Lofts is one of the first to offer the newest trend in commercial condominiums. The building provides small business owners and other entrepreneurs with an affordable alternative to Manhattan's surging rental rates.
The Greenpoint Lofts building, a pre-war loft structure that formerly housed self-storage units, will also serve as the anchor to a creative business center emerging in the Greenpoint neighborhood.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
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