Spotlight on Commercial & Office

Ten years ago, when I opened the first office of The Developers Group, which later merged into MNS, in Dumbo, most of the businesses in the neighborhood were arts or art related—architects and business owned by people who lived in the surrounding community.  These were…

Spotlight on Light Industrial

Brooklyn is returning to its industrial roots. The manufacturing sector had been primarily concentrated to Greenpoint, Bushwick, Red Hook and Sunset Park. Today, the Brooklyn Navy Yard, with nearly 300 tenants—landscape architects, theater and set designers and metal fabricators, employing more than 6,000 employees—is leading…

Looking Ahead to 2013

 Coming out of 2012, the strong rental market continues to drive up the value of development sites. How is this actually playing out? An investor signs a contract on a deal and he can flip it for a few percent more a few months later. We’re…