Controversial development site near Brooklyn Botanic Garden trades for $54.3 million

CrainsNewYork.com (Transportation) 9/17 8:38A Julianne Cuba

A controversial Crown Heights development site that was at the center of a years-long rezoning battle has traded hands for more than $50 million, according to the brokers involved in the transaction. The seller of the property, Continuum Co.,...

Former ‘SNL’ actor acquires Park Slope townhouse for about $4M

CrainsNewYork.com (Small Business News) 9/15 11:22A C. J. Hughes

An SNL alum known for the recurring character “Guy Who Just Bought a Boat” just bought a Park Slope pad. Comedian and actor Alex Moffat has snagged a brownstone on Carroll Street for $3.8 million, according to a deed that appeared in the city...

Developer cited in construction accidents acquires empty parcel in Brooklyn Heights

CrainsNewYork.com (Banking) 9/12 6:59A C. J. Hughes

A developer with a history of construction accidents has picked up a long-vacant parcel in Brooklyn Heights. Dean Brodsky, the chief executive officer of development firm Brodmore, has purchased 27 Cranberry St., a 2,500-square-foot lot on a...

Brooklyn Catholic school seeks to expand as enrollment surges

CrainsNewYork.com (Nonprofits) 9/10 8:43A Julianne Cuba

A Catholic school in Brooklyn has become the latest educational institution in the city to look to expand its footprint in order to keep up with growing demand. Xaverian, a college preparatory school for grades six through 12, is seeking approval...

Park Slope biotech firm raises $17M after recent growth spurt

CrainsNewYork.com (Banking) 9/9 12:33A Ethan Geringer-Sameth

A Park Slope-based biotech startup that created a gel that stops bleeding is capitalizing on recent momentum with a mutli-million dollar infusion. Cresilon raised $17 million in a late stage venture capital round following growth in both the...

Op-ed: Flash-flooding is the new normal in NYC. Here's how we can live with it

CrainsNewYork.com (Transportation) 9/3 6:03A Tyler Taba

It could be murky puddles at the 7th Avenue B/Q-train station in Park Slope or a geyser at the 28th Street 1-train station in Chelsea. Local businesses and restaurants incur $20,000 in damages in Bayside or expect to lose five business days per...

Brooklyn pols call for act of war on the feds — a pathetic new low in NYC politics

NYPost.com (Opinion) 8/18 11:19A Post Editorial Board

Wacko Brooklyn politicians want New York to declare war on the US government by “turning off the power” to 26 Federal Plaza. This, according to Park Slope Assemblyman Robert Carroll and outgoing Bay Ridge Councilman Justin Brannan, is the only way...

Editorial: New York needs a fairer property tax system. Maybe a rent freeze can nudge us there

CrainsNewYork.com (Nonprofits) 8/8 12:48A https://www.crainsnewyork.com/ed

New York City’s property tax system has been broken for decades, and nearly everyone knows it. What’s new — and potentially a silver lining — is that a leading mayoral candidate may have both the motivation and the political cover to finally fix...

Prep schools build real estate empires in quest to grow enrollment

CrainsNewYork.com (Nonprofits) 8/7 12:33A C. J. Hughes, Julianne Cuba

The city’s most elite schools are branching out from reading, writing and arithmetic and into real estate. In a quest to attract more students, prestigious private schools in Manhattan and Brooklyn, including Spence, Browning and Berkeley...

New York’s property tax system is broken. Could Zohran Mamdani fix it?

CrainsNewYork.com (Politics) 8/4 12:48A Nick Garber

When Zohran Mamdani met last month with the city’s top businesspeople, he was pressed by Rob Speyer, CEO of real estate giant Tishman Speyer, to explain a glaring gap in his agenda: How would he ensure that his vow to freeze rents for New York’s...

NoMad-based startup fetches $55M as boutique vet model gains ground

CrainsNewYork.com (Politics) 8/1 12:33A Ethan Geringer-Sameth

A wave of boutique veterinary clinics is reshaping how pet care is delivered, and paid for in the city. One player is Small Door Veterinary, a NoMad-based startup that offers care through a membership model. The company raised $55 million in...

Billionaire developer buys $7M Midwood residence across the street from his home

CrainsNewYork.com (Transportation) 7/24 6:34A C. J. Hughes

Megadeveloper Jeff Sutton has gone small-scale with his most recent real estate purchase. The Wharton Properties founder, who in late 2023 inked nearly $2 billion in retail site sales on Fifth Avenue, has picked up a home in Midwood, Brooklyn, for...

Alleged straw donor to Mayor Adams planning Park Slope resi project

CrainsNewYork.com (Wall Street) 7/22 12:33A Julianne Cuba, Nick Garber

A Brooklyn developer named last year as one of Mayor Eric Adams' alleged straw donors is planning a 99-unit building in Park Slope, records show. Tolib Mansurov, founder and CEO at United Elite Group, owns the property at 67 4th Ave., where plans...

One of the world’s priciest parking spots is located in Brooklyn

NYPost.com (Metro) 7/12 4:36A Chris Harris

The pricey parking spot is located within the garage at 841 Union Street, which Park Slope's only free-standing dedicated condominium complex.

Extell aims to boost 655 Madison project to 74 stories

CrainsNewYork.com (International) 7/10 5:17A Eddie Small

Extell Development's ambitions for 655 Madison Ave. appear to be getting much bigger. The Gary Barnett-led developer had filed plans for a 37-story mixed-use tower to replace the office building currently there late last year but now hopes to...