TerraCRG holds Only Brooklyn Real Estate Summit on June 1st

Brooklyn, NY As the borough’s commercial real estate market continues to evolve, many industry professionals have been contemplating the future of one of the most powerful sub-markets in the country. On June 1^st, hundreds of owners, investors, developers and real estate players alike gathered at TerraCRG’s Only Brooklyn Real Estate Summit to hear insights and observations from the experts within the industry. TerraCRG’s sixth annual conference, in partnership with Compass and the Brooklyn Chamber of Commerce, encompassed all segments of real estate, ensuring notable projects as well as the most important issues affecting the Brooklyn market were addressed. With nearly 40 esteemed speakers, a widespread variety of panel topics, multiple workshops and a record-breaking attendance, this year’s Only Brooklyn Summit was deemed the most successful to date.

“We are thrilled with the exceptional turnout and meaningful conversation that took place at this year’s Only Brooklyn event. The insights shared by our thought leaders coupled with the powerful networking opportunity for attendees created a unique opportunity to discover, learn and share, that is rarely seen in the real estate industry,” said Ofer Cohen, founder and president of TerraCRG.

Panels focused on a range of relevant topics including the transformation of Downtown Brooklyn with a merging of residential, office and retail projects, the unique residential luxury market, the future of the multifamily market from the eyes of investors and lenders and much more. Carlo A. Scissura, President and CEO of the Brooklyn Chamber of Commerce, sat down with Tucker Reed of the Downtown Brooklyn Partnership, Joe Lhota of NYU and Lorraine Grillo of the School Construction Authority to discuss important infrastructure issues throughout the borough, such as the necessity of space for public schools, the L train shutdown and the proposed BQX (Brooklyn-Queens Connector).

In the morning keynote discussion, Michael Stoler of The Stoler Report joined Michael Stern, Founder and Managing Partner of JDS Development Group and Michael Rudin, Vice President of Rudin Management to talk about their upcoming projects, the importance of the 421a tax abatement regarding rental housing and more.

Featured speakers at the 2016 Only Brooklyn.® event included Susi Yu of Forest City Ratner Companies, AJ Pires of Alloy Development, Melissa Pianko of Gotham Organization, Sukanya Paciorek of the Brooklyn Navy Yard Development Corporation, Tim Quinlan of Quinlan Development Group, David Schwartz of Slate Property Group, Abby Hamlin of Hamlin Ventures and many more.

About TerraCRG — Only Brooklyn.® TerraCRG is the only commercial real estate brokerage firm focused exclusively on the Brooklyn market. In just eight years, TerraCRG has established itself as a true market leader, averaging over 70 completed transactions annually. Last year, the firm handled nearly half a billion dollars’ worth of commercial property in Brooklyn, including some of the largest development sites, multifamily assets and retail buildings in Brooklyn’s most sought after neighborhoods. To date, the TerraCRG team has handled more development transactions in Brooklyn than any other company, totaling over two million buildable square feet. For more information about TerraCRG or this property, please visit terracrg.com or contact Taylor Bilecky at 718.768.6888 or via email at [email protected].