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The Real Deal is the leading source for real estate news and information. Covering the deals, developments and policies that matter.
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News
Brooklyn Heights townhouse trades for $25M
2+ mon, 6+ day ago (429+ words) Off-market deal for 192 Columbia Heights is borough’s priciest so far this year A Brooklyn Heights townhouse just nabbed the borough’s priciest sale so far this year. The home at 192 Columbia Heights traded in an off-market deal for $24.5 million, according to…...
Off-market Cobble Hill triplex tops Brooklyn’s luxury market
2+ mon, 2+ week ago (515+ words) Borough saw deals signed for 28 homes asking $2M+ last week A new development triplex hidden inside a Cobble Hill townhouse scored Brooklyn’s priciest contract last week. Developed by Eckstrom NYC, the “townhouse residence” at 181 Baltic Street was asking $7.2 million. Spanning almost…...
Developers scoop up site at center of Brooklyn rezoning fight
4+ mon, 3+ week ago (291+ words) Avery Hall, Brodsky and Monadnock eye mixed-use project under new zoning A trio of developers has snapped up a Brooklyn development site that once sparked a contentious rezoning battle. Avery Hall Investments, the Brodsky Organization and Monadnock Construction bought the…...
Brooklyn townhouse developers score top contracts
8+ mon, 3+ week ago (418+ words) Luxury market saw 18 contracts for $66M last week Projects from two townhouse developers in Brooklyn scored the top contracts signed last week in the borough. The first belonged to a new development townhouse at 94 Douglas Street in Boerum Hill asking nearly…...
Manhattan rents end record streak as Brooklyn notches new high
1+ year, 1+ day ago (401+ words) Median rent dips 2% from peak amid sliding mortgage rates and falling demand As the summer heat broke in Manhattan in August, so did a streak of record-breaking rents. Median rent for a new, brokered lease in Manhattan last month fell…...
Brooklyn luxury market ends March with a thud
5+ mon, 1+ week ago (425+ words) Thirteen contracts signed last week for homes asking $2M Brooklyn’s luxury market ended March on a down note. The borough saw 13 deals signed for homes — four condos and nine single-family properties — asking at least $2 million for a total contract volume of…...
Brooklyn luxury market notches busiest Christmas week in years
8+ mon, 1+ week ago (454+ words) Townhouses top 13 contracts signed for homes asking $2M+ Brooklyn’s luxury market just registered its highest Christmas week deal volume in five years. The borough saw 13 contracts — four condos and nine townhouses — signed from Dec. 22 to Dec. 28 for a total contract volume…...
Landau lands $213M for planned Brooklyn Heights tower
9+ mon, 1+ day ago (403+ words) Ex-Fortis head eyeing 47-story project at 205 Montague Street Jonathan Landau announced some fresh funding for his ambitious plans in Brooklyn Heights. Landau Properties, in a partnership with the Mizrachi family’s Third Millennium Group and Midtown Equities, closed on the purchase…...
Trailing Manhattan: Brooklyn and Queens offices didn’t entice private sector
9+ mon, 4+ day ago (448+ words) Outer borough office deals in 2025 leaned on public agencies, schools and nonprofits Outer borough offices didn’t have the Manhattan magic. Brooklyn and Queens office landlords spent much of 2025 courting the same tenants that kept the outer boroughs afloat since the…...
Brooklyn luxury contracts stayed busy over Thanksgiving
9+ mon, 1+ week ago (381+ words) Borough saw holiday nearly double for over $56M Brooklyn’s luxury market managed to dodge for a surprisingly strong holiday week. The borough saw 19 contracts — 10 for condos, one co-op and eight townhouses —between Nov. 24 to Nov. 30 for a total contract volume of…...