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Commercial Observer

For real estate trends & commercial real estate news, Commercial Observer has the latest on leases, financing, sales, construction, architecture, & design.

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News

Commercial Observer
commercialobserver.com > 2025 > 12 > purple-crayon-preschool-544-carroll-brooklyn

Purple Crayon Preschool Takes 5K SF at 544 Carroll in Brooklyn

9+ mon, 4+ day ago   (214+ words) Early childhood education provider Purple Crayon has inked a 4,600-square-foot ground-floor retail lease at 544 Carroll, a boutique apartment complex at the corner of Carroll Street and Fourth Avenue near Park Slope and Gowanus in Brooklyn, design and development firm Avery…...

Commercial Observer
commercialobserver.com > 2026 > 01 > brooklyn-office-market-manhattan-2026

Brooklyn's Office Market Is Mirroring Trends in Manhattan

7+ mon, 2+ week ago   (1394+ words) Whatever happens in Manhattan real estate usually takes a while to reappear in Brooklyn — albeit in a slightly smaller or more affordable form. Office brokers and owners on the other side of the East River seem to be adapting and…...

Commercial Observer
commercialobserver.com > 2026 > 04 > brooklyn-green-wood-cemetery-visitors-center

Brooklyn’s Green-Wood Cemetery Comes Alive With a Restored Visitor Hub

4+ mon, 4+ week ago   (358+ words) As stunning and haunting as the arches are, Green-Wood Cemetery wanted to create a different kind of welcome for visitors before guests go walking up the hill at 25th Street and Fifth Avenue and through those beautiful arches. The nonprofit wanted…...

Commercial Observer
commercialobserver.com > 2025 > 11 > the-malin-lease-57-court-street-brooklyn-heights

Coworking Company The Malin to Open 15K-SF Space in Brooklyn Heights

9+ mon, 3+ week ago   (407+ words) Coworking company The Malin is expanding again in New York City, this time in Brooklyn Heights. The Malin, which claims to deliver a “consistently elevated workspace experience” across its growing portfolio, has signed a 15-year lease for approximately 15,000 square feet…...

Commercial Observer
commercialobserver.com > 2026 > 03 > cim-group-housing-watchtower-site-brooklyn

CIM Group Plans 661 Housing Units at Former Watchtower Site

5+ mon, 4+ week ago   (196+ words) Developer CIM Group has submitted a rezoning application to bring 661 residential units — 165 of which would be designated as affordable housing — to the five-building Brooklyn Heights site also known as the Watchtower Buildings. CIM Group did not immediately respond to Commercial…...

Commercial Observer
commercialobserver.com > 2026 > 03 > webster-bank-brooklyn-navy-yard-manufacturing

Webster Bank Lends $30M for Brooklyn Navy Yard Manufacturing Center

5+ mon, 1+ week ago   (338+ words) The Brooklyn Navy Yard Development Corporation (BNYDC) has sealed a $30 million sub-leasehold mortgage loan for its Green Manufacturing Center (GMC) property, Commercial Observer has learned. Webster Bank supplied the loan for the GMC, which is a set of three buildings…...

Commercial Observer
commercialobserver.com > 2026 > 05 > brooklyns-industry-city-openigloo

Brooklyn’s Industry City a Surprising Oasis for Proptech Startup

4+ mon, 17+ hour ago   (498+ words) Brooklyn resident Allia Mohamed, CEO and co-founder of rental platform Openigloo, used to go to Brooklyn’s Industry City as a patron of its restaurants, shopping and events. Eventually, Mohamed also saw a place to grow her startup company. In other…...

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