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Offsite Solar Energy Sources Procured for NYC’s First All-Electric Residential Tower

Offsite Solar Energy Sources Procured for NYC’s First All-Electric Residential Tower

by Phil Hall | Jan 30, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Alloy Development has selected Radial Power and MaxSolar to provide 100% renewable energy to the 44-story 505 State Street in Brooklyn, which is being promotes as New York City’s first all-electric, carbon-free residential tower. Radial Power will allocate of 900...
Historic Brooklyn Bank Building Could Become a Cannabis Store

Historic Brooklyn Bank Building Could Become a Cannabis Store

by Phil Hall | Oct 4, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A historic bank building in Brooklyn that has been vacant since the pandemic may soon have a new life as a cannabis retail store. According to a report from the Greenpointers blog, the Greenpoint Savings Bank building, a Neo-Classical style structure that opened in...
Hits and Misses for the Real Estate Week of Sept. 23-27

Hits and Misses for the Real Estate Week of Sept. 23-27

by Phil Hall | Sep 27, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Kamala Harris talks about housing, Kmart disappears from the retail scene and an Oscar nominee turns landlord. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Sept. 23-27. Miss: Another Bowl of Word Salad. Vice President...
A Modular Constructed Commercial Property Grows in Brooklyn

A Modular Constructed Commercial Property Grows in Brooklyn

by Phil Hall | Aug 13, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

EIR Healthcare, a Philadelphia-headquartered construction consultancy specializing in modular construction solutions for the healthcare ecosystem, has broken ground in Brooklyn on a new commercial property designed and built through modular construction techniques....
Seven-Building Affordable Housing Portfolio in Brooklyn is Sold

Seven-Building Affordable Housing Portfolio in Brooklyn is Sold

by Phil Hall | Jun 19, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Tredway, an affordable and mixed-income real estate developer that builds and preserves high-quality, high-opportunity housing, has partnered with ELH Mgmt. LLC in the acquisition of a seven-building, 193-unit affordable housing portfolio in Brooklyn’s Fort...
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