Two Trees receives 87K applications for 104 affordable units at Domino Sugar’s first residential building

Two Trees Management received nearly 840 applications for every affordable apartment at 325 Kent, the first building to open at its 11-acre Domino Sugar site in Williamsburg. The developer announced Tuesday that it launched leasing at the 522-unit, 16 story SHoP-designed rental tower overlooking the East River. Two Trees, led by Jed Walentas, said it received 87,000 […]

Josh Schuster’s Silverback to lead conversion of Brooklyn Heights dorm

Josh Schuster’s Silverback Development will lead the conversion of a Brooklyn Heights dormitory into 23 condominiums, he told The Real Deal. The former DHA Capital principal and his partners, a group of Great Neck-based investors, acquired the 50,000-square-foot building at 67 Livingston Street for $30 million from Glory Capital earlier this year. The group of […]

Retail’s new sweet spot: A new breed of tenant is building business both on and offline

From the retail issue: Why endure the weeklong pain of a cold-pressed juice cleanse when there’s now a seven-day gummy bear cleanse? The tongue-in-cheek confection — “green juice” gummy bears packed inside Pressed Juicery bottles — is the love child of Beverly Hills gourmet candy shop Sugarfina and Santa Monica juice maker Pressed Juicery. It […]