GSLM Capital Partners Finalizes Investment in Mixed Income Project in Brooklyn

GSLM Capital Partners, a partnership between L&M Development Partners and Goldman Sachs’ Urban Investment Group (UIG), announced today that it has completed its investment in the Columbia Hicks project located in the Cobble Hill section of Brooklyn, New York. The $55 million investment will finance a mixed income apartment development totaling 150 units. Assistance for this project is being provided by The New York City Department of Housing... 

Kite Realty Group Trust Prices Offering of 4,750,000 Common Shares

Kite Realty Group Trust announced the pricing of its public offering of 4,750,000 newly issued common shares at $10.55 per share. The offering was increased in size from the originally contemplated 3,000,000 shares. The Company has granted the underwriters an option to purchase up to an additional 712,500 shares during the next 30 days to cover over-allotments, if any. The Company estimates that the net proceeds from this offering, before offering... 

Green Depot Opens Showroom on Long Island

Green Depot, the Brooklyn-based supplier of environmentally friendly and sustainable building products, services and solutions, is opening its newest showroom space on August 28 in Greenport, N.Y., on the North Fork of Long Island. The store, Green Depot’s fifth on the East Coast, second in New York and first on Long Island is located near the northeastern tip at 67380 Main Rd./CR-48 in Greenport. Green Depot showcases the very best of green building... 

Forest City Closes $167 Million Financing for Downtown Brooklyn Residential Building

Forest City Enterprises, Inc. announced that it’s New York-based subsidiary, Forest City Ratner Companies, has closed on $167 million in construction financing for 80 DeKalb, a 335,000-square-foot residential building on DeKalb Avenue in downtown Brooklyn. The 34-story, Costas Kondylis-designed building is the first residential tower constructed by Forest City in Brooklyn. It is designed to achieve LEED certification and will include 73 affordable... 

Brooklyn Childrens Museum designed by Rafael Viñoly

The first green museum in a city famous for museums. designed by Rafael Viñoly. Laticrete supplied Navillus Contracting with a Greenguard-certified installation system of 8.1 million pieces of yellow DSA ceramic tile for the exterior cladding of the new, Green, Brooklyn Childrens Museum.