Naftali files plans for his next Williamsburg project

Miki Naftali has filed plans for a 21-story building at 1 Division Avenue in Williamsburg, YIMBY reported, just 300 feet away from another Naftali Group project. The lot sits between Kent Avenue and the waterfront, near the South Williamsburg ferry stop. The plans call for a 269-foot-tall, 298,000-square-foot property, including about 1,000 square feet of […]

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Avdoo nabs $105M for Boerum Hill condo project 

Shlomi Avdoo landed a construction loan as his firm tops out its condo project in Boerum Hill. Valley National Bank lent $105 million to Avdoo & Partners Development for its project at 323 Bergen Street in the Brooklyn neighborhood, the Commercial Observer reported. The senior construction loan is “an exciting step” in the project, Avdoo’s […]

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Williamsburg tenants sue owner, city over “highly dangerous” battery 

The plan to put lithium ion battery storage on the rooftop of a Williamsburg apartment building is becoming a lightning rod for residents, who are suing their landlord and the city. Tenants at 315 Berry Street filed a lawsuit in New York State Supreme Court this week, seeking the reversal of an August decision by […]

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Life Time signed Brooklyn’s largest retail lease of 2023

Brooklyn’s retail market registered roughly a dozen leases of 10,000 or more square feet, the borough’s second year in a row without any deals larger than 40,000 square feet. Golf, grocery and gyms played a significant role in the leasing activity, as did educational facilities. Three leases of 10,000 each tied for 10th place. Altogether, […]

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