Brick Underground’s Most Popular Posts of the Week include a query from a reader about board members at her co-op who want to remain “anonymous.” Source link
Brooklyn Open Houses: A Bed Stuy Brownstone – Brownstoner
Brooklyn Open Houses: A Bed Stuy Brownstone Brownstoner Source link
Avgeris Venture Plots Office-to-Industrial Play in Chicago Suburbs
Another suburban office complex is poised for industrial redevelopment, shedding light on the fall of one commercial sector and the rise of another. Lombard-based Avgeris & Associates, in partnership with Missner Group and Wylie Capital, aims to redevelop the former American Hotel Register headquarters in Vernon Hills into a four-building, 900,000-square-foot distribution center, Crain’s reported. […]
Nearly one in five NYC renters were behind on their rent last year
The rent is too damn high, and it’s putting some New Yorkers behind on their bills. Roughly 18 percent of New York City metro area residents were behind on rent in October, higher than the national average of 12 percent, according to a report from State Comptroller Thomas DiNapoli. While that’s an improvement from the […]
Sunny Day Real Estate announce 'Diary' 30th anniversary tour & first new song in 10 years – Brooklyn Vegan
Sunny Day Real Estate announce ‘Diary’ 30th anniversary tour & first new song in 10 years Brooklyn Vegan Source link
Foreclosure Auction on Tap for Chetri Group’s Hotel Bossert
The Chetrit Group’s Hotel Bossert is back on the auction block. A Uniform Commercial Code foreclosure auction for the historic Brooklyn Heights hotel was set for this month, according to financial data firm Morningstar. A foreclosure attempt was put on hold earlier this year after hoteliers Ian Schrager and Ed Scheetz stepped in to possibly […]
Renting as a retiree, moving in with a partner, & more
This week’s most popular posts include renting as a retiree and the real estate benefits of moving in with your partner. Source link
Real Estate share "Haunted World" off new album, announce free Brooklyn show (for "Daniels Only") – Brooklyn Vegan
Real Estate share “Haunted World” off new album, announce free Brooklyn show (for “Daniels Only”) Brooklyn Vegan Source link
Cityview Buys LA, WeHo Apartment Portfolio from Blackstone
Cityview has picked up six apartment buildings in Los Angeles and West Hollywood for a combined $63 million. The Century City-based multifamily investor bought the portfolio of buildings, including an eight-unit Mid-century complex at 7976 Norton Avenue, in West Hollywood, CoStar News reported, citing public records. The other properties were not disclosed. The seller was […]
Most in-demand NYC nabes, closing the 'Frankenstein loophole,' & more
Brick’s Most Popular Posts of the Week include closing the Frankenstein loophole. Source link
Brooklyn News: An Historic Bed Stuy Church Demolished – Brownstoner
Brooklyn News: An Historic Bed Stuy Church Demolished Brownstoner Source link
BKM Capital Pays $31M for San Jose Office-Industrial Site
BKM Capital Partners has purchased a 119,100-square-foot industrial and office complex in North San Jose for $30.7 million. The Newport Beach-based investor bought the two-building Junction Business Park at 1911-1943 Hartog Drive and 1914-1968 Junction Avenue, the San Jose Mercury News reported. The seller was Stockbridge Partners, based in Boston. The deal works out to […]
Housing lottery launches for 198 apartments in The Bronx
Housing lottery applications are open for 198 rent-stabilized apartments at a new development in the West Concourse neighborhood of the Bronx. New Yorkers who earn $18,515 to $175,100 are eligible to apply, depending on the size of their household. Rents start at $465 for a studio. The building at 1160 River Ave. has a shared […]
A Stunning Waterfront Apartment in Brooklyn Lists for $6.6M – Dwell
A Stunning Waterfront Apartment in Brooklyn Lists for $6.6M Dwell Source link
$52M Missing in Commercial Lender’s Involuntary Bankruptcy
It’s the $52 million question in Prime Capital Ventures’ bankruptcy case: What happened to the money it invested in a hedge fund? That’s the dilemma unfolding as Prime deals with an involuntary bankruptcy proceeding, the Albany Business Review reported. The commercial lender’s bankruptcy was initiated by three companies that allege they were defrauded by Prime, […]
What the end of the ‘Frankenstein loophole’ means for NYC tenants
The end of 2023 heralded the passage of a substantial piece of New York state legislation shoring up the rights of rent-stabilized tenants and putting the final nail in the coffin of the so-called “Frankenstein” loophole, which allowed landlords to hike rents by combining apartments. But its language isn’t completely set in stone. The bill, […]
Announcing New Brooklyn Heights Blog Contributor Rafael “Raf” Perez!
Many (most?) of you already know and love Rafael “Raf” Perez, the last owner of Mr. Video III and currently a resident and Superintendent on Monroe Place. Raf is Brooklyn Heights through and through, having grown up here and never having left. How many people still here can say they graduated from PS8? We’re thrilled Raf […]
259 80th Street, Brooklyn, NY, 11209, MLS# 479004 – Patch.com – Patch
259 80th Street, Brooklyn, NY, 11209, MLS# 479004 – Patch.com Patch Source link
Las Colinas Development Site Sells to Christus Health
With many developers eager to get a piece of Las Colinas, one firm is expanding its foothold in the area. Christus Health, a Catholic medical group, has acquired one of the last major development sites in Las Colinas, the Dallas Morning News reported. The site is at the intersection of O’Connor Road and Las Colinas […]
My new landlord didn’t countersign the lease. Can I still get the apartment?
I signed a lease for a new apartment with a property manager. The landlord, however, hasn’t countersigned it, and his office won’t accept my first month’s rent or security deposit. He is ghosting my broker, who I paid $1,000 to hold the unit. I need to move in a week. What are my options? Unless […]
The BHB Ten 2023: The Most Notable People of Brooklyn Heights This Year
It’s that time, for our annual list of ten people or groups of people living or working in Brooklyn Heights, who made an impact on our neighborhood, the city, the country, or the world this year. With input from everyone at BHB, here in no particular order (actually after the first three groups, alphabetically listed), are The […]
Top 10 Brooklyn Listings: A Bensonhurst Row House – Brownstoner
Top 10 Brooklyn Listings: A Bensonhurst Row House Brownstoner Source link
Transformer shortage threatens downtown Oakland developments
Developers in downtown Oakland are facing a nationwide shortage of subsurface distribution transformers, critical components needed to connect buildings to the electrical grid. The shortage has led to massive backlogs, creating hurdles for an industry already grappling with challenges in building essential housing, the Mercury News reported. oWow, a developer, was surprised to learn that […]
How seller financing works for owners and buyers
The concept of a seller loaning a buyer the money to buy their property may strike you as impossible or strange but New York City brokers say it is neither. Instead, seller financing, a rare, yet creative way to fund a deal, is something you may start to hear about more frequently now that mortgage rates […]
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