Developer sues New York state over Sunset Park land

Developer W601 Companies is suing New York state to take control of a sliver of land at its Sunset Park industrial site. Mark Karasick’s development firm bought the 690,000-square-foot industrial lot at 75 20th Street for $91.5 million in 2013 in partnership with Michael Silberberg’s Berkley Properties. According to the suit, the fenced-in lot includes two […]

Publicis Groupe inks lease for office at Industry City

One of the “Big Four” advertising agencies is saying “oui” to Brooklyn. French colossus Publicis Groupe inked a lease for its first Kings County office, at the Industry City complex in Sunset Park, sources told The Real Deal. Prodigious, the production arm of Publicis, would take about 15,000 square feet at the 6 million-square-foot complex, […]

Industry City developers building 1,200 sf-long retail hub at complex

The developers renovating the massive Industry City office complex in Sunset Park have embarked on the next phase of the project: a 1,200-foot-long retail hub. The development team — Jamestown, Belvedere Capital and Angelo, Gordon & Co. — invested $8 million in constructing “Innovation Alley,” a corridor of 125,000 square feet of retail space that runs […]