Spotlights

Developing Brooklyn Featured Project: Bold transformation of an aging retail space into a modern healthcare facility

Brooklyn NY, known for its rich history and dynamic evolution over the last few decades, is currently witnessing several transformative development projects including 502 86th Street on the corner of 5th Ave. in Bay Ridge. The project is spearheaded by conceptcsi, a Manhattan-based specialist general contractor and construction management firm. 

Developing Brooklyn: 144 Vanderbilt

Brooklyn, NY Designed by the award-winning architecture firm SO-IL, 144 Vanderbilt is a creative reimagining of Brooklyn living. Prominently located at the corner of Vanderbilt and Myrtle Ave., the eight-story building features 26 designed two- to four-bedroom condominium residences across 21 distinct floor plans, as well as retail space at the ground level.

Developing Brooklyn: 1 Java Street

Brooklyn, NY Developed by Lendlease, 1 Java St. is a sustainable, urban regeneration development along the Greenpoint waterfront. Scheduled for completion in early 2026, the project will comprise 834 rental units, 30% of which have been designated as affordable housing under the Affordable New York Housing Program.

Developing Brooklyn: West Wharf - 60 Wharf Drive

Brooklyn, NY Located in the seven-acre West Wharf complex in Greenpoint, the 40-story, waterfront tower features 554 spacious studio- through three-bedroom residences, many with balconies or terraces and nearly all with views of the East River, Manhattan skyline, and/or Brooklyn cityscapes.

Developing Brooklyn: 524 Halsey Street

Brooklyn, NY 524 Halsey St. is a former stable building carefully reimagined into beautifully-crafted condominiums in Bedford-Stuyvesant. The boutique development features 31 homes, full-service amenities, and original artwork by Humza Deas, a well-known Brooklyn-born photographer from contemporary art gallery Sugarlift. 

Developing Brooklyn: 827 Sterling Place

Brooklyn, NY Kriss Capital and Haussmann Development formed a partnership with the Saint Louis family who had owned and operated a garage on the property for thirty years. The Saint Louis family had a steadfast vision to develop a multi-family building on the property in keeping with the changing

Nominate someone for NYREJ 2024 Women in Commercial Real Estate Spotlight today!

Criteria for Nominations: The nominees should work for a New York commercial real estate firm or a firm that supports the CRE industry th...

Conducting a zoning analysis in
New York City - by William Gati

In the ever-evolving landscape of New York City, conducting a zoning analysis is a pivotal step for anyone looking to build an addition, convert a property, or undertake significant modifications. While the process may seem straightforward at first glance, the intricacies

The role of a qualified intermediary in a 1031 exchange - by Michael Packman

To complete a valid and successful 1031 exchange, investors acquiring taxpayer-owned properties need the services of a qualified intermediary (QI), also known as an “exchange facilitator.” During a 1031 exchange, the individual obtaining an investment or business property

Corporate Transparency Act: A summary of the new reporting requirements - by Sandy Klein

On January 1, 2024, the Corporate Transparency Act (CTA) went into effect. The CTA requires businesses, including real estate businesses, to file a Beneficial Ownership Information (BOI) Reports with the US Department of Treasury’s Financial Crimes Enforcement Network (FinCEN). Such