Press

Permits Filed For 817 Classon Avenue In Crown Heights, Brooklyn

Permits have been filed for a seven-story residential building at 817 Classon Avenue in Crown Heights, Brooklyn. Located between Lincoln Place and St. Johns Place, the lot is in walking distance of the Eastern Parkway-Brooklyn Museum subway station, serviced by the 2 and 3 train and the Park Place station, serviced by the Franklin Avenue shuttle. Moishe […]

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BridgeCity Lends $51M on Brooklyn Office-to-Resi Conversion

          Watermark Capital Group has sealed $50.6 million of acquisition financing for the purchase of ant Brooklyn office building slated to be converted into multifamily housing, Commercial Observer has learned. BridgeCity Capital originated the loan on 175 Pearl Street, an eight-story building in Brooklyn’s Dumbo neighborhood that Watermark recently acquired for $66.5 million from Cannon Hill […]

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New Development Team Revealed For 555 Broadway In Williamsburg, Brooklyn

Loketch Group, the Joyland Group, and Meral Property Group have formed a joint venture to begin a new mixed-use project at 555 Broadway in Brooklyn. The address represents a large, wedge-shaped assemblage on the border of South Williamsburg and Broadway Triangle. The site was formerly owned by The Collective, a United Kingdom-based co-living company that announced plans in 2021 […]

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The Loketch Group Announces Townhouse Development In Clinton Hill, Brooklyn

The Loketch Group Announces Townhouse Development In Clinton Hill, Brooklyn Publication: NY Yimby The Loketch Group and Marvel Architects have again teamed up on a new low-rise residential development in Clinton Hill, Brooklyn. Located at 444 Vanderbilt Avenue, the new, three-story property will include seven neighboring townhomes, each measuring approximately 4,000 square feet. The homes […]

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Renderings Revealed For 445 Vanderbilt Avenue In Clinton Hill, Brooklyn

Renderings Revealed For 445 Vanderbilt Avenue In Clinton Hill, Brooklyn Publication: NY Yimby The Loketch Group has released renderings of its five-story rental development at 445 Vanderbilt Avenue in Clinton Hill, Brooklyn. The structure, developed in partner with Meral Property Group, will contain 44,875 square feet of residential space, a parking structure, and a 64-foot-long […]

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TRD Topics

TRD – Topics Publication: NY Yimby Bushwick is a neighborhood in northern Brooklyn, bounded by Flushing Avenue, Broadway, the borough of Queens and the Cemetery of the Evergreens. Some real estate market participants call it East Williamsburg and sometimes include the industrial area north of Flushing Avenue in the neighborhood, calling it Industrial Bushwick … […]

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Permits Filed For 1616 Summerfield Street, Ridgewood, Queens

Permits Filed For 1616 Summerfield Street, Ridgewood, Queens Publication: NY Yimby Permits have been filed for a four-story hotel at 1616 Summerfield Street in Ridgewood, Queens. The site is four blocks away from the Halsey Street subway station in Bushwick, serviced by the L train. The Loketch Group is behind the applications … Read More

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The Top 10 Biggest Real Estate Projects Coming to NYC

The top 10 biggest real estate projects coming to NYC Publication: The Real Deal The biggest New York City real estate project with plans filed last month was a 170-unit condominium project in Morningside Heights. Savanna’s residential project at 543 West 122nd Street is slated to span 315,674 square feet, making it February’s largest project, according […]

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New renderings of Williamsburg’s new Jenga-like luxury rentals

New renderings of Williamsburg’s new Jenga-like luxury rentals Publication: Curbed.com Last year, the Loketch Group revealed plans to expand the squat building at 207 South 3rd Street into a sleek and Jenga-esque five-story building (a bit of a knock-off of ODA New York’s signature boxy style), adding three stories and six apartments to the original structure. … […]

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Ridgewood site trades for a pricey $261 psf

Ridgewood site trades for a pricey $261 psf Publication: TheRealDeal.com In one of the priciest deals for a development site in Queens’ Ridgewood neighborhood, the Loketch Group bought two vacant warehouses on Wyckoff Avenue for $261 per buildable square foot … Read More

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Revealed: Expansion At 1004-1006 Gates Avenue, Bed-Stuy

Revealed: Expansion At 1004-1006 Gates Avenue, Bed-Stuy Publication: NY Yimby The Bushwick-Bed-Stuy borderlands are the final frontier for cheap rents and inexpensive development in both neighborhoods, and today we have a rendering for a project at 1004 Gates Avenue in Ocean Hill, courtesy of prolific Brooklyn developer The Loketch Group. … Read More

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Revealed: 490 Lefferts Avenue, East Flatbush

Revealed: 490 Lefferts Avenue, East Flatbush Publication: NY Yimby So far this month, we’ve covered the Loketch Group’s planned 54-unit building in Ridgewood, and the design for the firm’s planned conversion and expansion on South 3rd Street in Williamsburg … Read More

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Permits Filed: 803 Wyckoff Avenue, Ridgewood

Developer Adding Another Harrisburg Apartment Complex to its Holdings, Reed Says Publication: Pennlive.com New Jersey-based GLC Group plans to add Harrisburg Park Apartments in the 1400 block of S. 15th St. to its list of multi-unit rental complexes in the city, Mayor Stephen R. Reed said today … Read More

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What Does De Blasio’s 421-A Reform Mean For The Outer Boroughs?

What Does De Blasio’s 421-A Reform Mean For The Outer Boroughs? Publication: NY Yimby Mayor de Blasio unveiled his grand plan to fix 421-a this week, and his proposal requires any developer who wants to take advantage of the property tax exemption to set aside 25 to 30 percent of their units as affordable housing…. Read More

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At Least One Developer Is Building Fancy Condos In Canarsie

At Least One Developer Is Building Fancy Condos In Canarsie Publication: Curbed.com Canarsie is the last stop on the L train, which is largely pointed to as the perp that ushers gentrification deeper into Brooklyn. Despite, the neighborhood has remained largely untouched  … Read More

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Thirty Condominium Homes in East Orange, NJ …

Permits Filed: 803 Wyckoff Avenue, Ridgewood Publication: Cahn Communications Last week, YIMBY revealed the Loketch Group’s planned expansion at 207 South 3rd Street in Williamsburg. And now the Midwood-based firm has filed plans for a new apartment building at 803 Wyckoff Avenue in Ridgewood, just over the border from Bushwick. Read More

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Developer Adding Another Harrisburg Apartment Complex …

Developer Adding Another Harrisburg Apartment Complex to its Holdings, Reed Says Publication: Pennlive.com New Jersey-based GLC Group plans to add Harrisburg Park Apartments in the 1400 block of S. 15th St. to its list of multi-unit rental complexes in the city, Mayor Stephen R. Reed said today … Read More

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Renovating a Building, and Perhaps a Suburb’s Image

Renovating a Building, and Perhaps a Suburb’s Image Publication: NYTimes.com EAST ORANGE, N.J., Aug. 11 — In the cold nomenclature of tax assessors and municipal records, it is known as Lot: 2, Block: 280, District: 5. Before its once-proud apartments were abandoned to squatters and gangs, it was called the Mayfair, a label that now […]

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Newark’s New Look – Welcome to Brand Newark …

NEWARK’S NEW LOOK – WELCOME TO BRAND NEWARK, A CITY THAT’S GONE FROM URBAN BLIGHT TO PURE POSSIBILITY Publication: NY Post New Jersey-based GLC Group plans to add Harrisburg Park Apartments in the 1400 block of S. 15th St. to its list of multi-unit rental complexes in the city, Mayor Stephen R. Reed said today […]

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