Recognition
Gains in Gowanus: Neighborhood sees burst of new retailers following residential boom
Crain's New York Business
Gowanus will soon be getting another brewery with Focal Point Brewery inking a 5,000-square-foot lease in mid-March at 420 Carroll St. The spot should open sometime this year. Igloo’s Managing Director Adam Joly, who was the broker on that deal, also recently secured leases with a wine shop and a community-focused architecture and design hub at the property. “From a retail standpoint, it’s unique where everything is sort of coming online at the same time,” Joly said. “Given how long it takes to plan new retail concepts and fill out those spaces, we feel like the opportunity is really right now to get into this market.”
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Cottonwood Group Provides $102M to Build Salt Lake City Luxury Hotel
Commercial Observer
The Domain Companies has secured $102 million in construction financing to build a 216-key IHG Hotels & Resorts’ Kimpton luxury hotel in Downtown Salt Lake City, according to a release. Cottonwood Group provided the debt on the deal, while Walker & Dunlop’s Matt Wiener, Jay Morrow and Dustin Stolly arranged the financing package. In a statement, Matt Schwartz, co-CEO of The Domain Companies, described the new hotel as an asset that will “set a new standard” for hospitality assets across the Salt Lake City marketplace.
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The Shop targets mid-May opening for its second New Orleans location
New Orleans City Business
The Shop Workspace is expanding in New Orleans with a second coworking location, this time in South Market, where The Shop SOMA is targeting a mid-May opening following sustained demand at the company’s original site inside the Contemporary Arts Center. The new location will open on the ground floor of The Standard at 798 S. Rampart St.
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Multifamily Development of the Year for Long Island
CoStar
As Long Island City has emerged as one of New York’s most popular and fast‑growing neighborhoods, Jasper Hunters Point — the 499‑unit mixed‑use, mixed‑income apartment property — has taken shape as a new anchor along the Queens waterfront, directly across the East River from Midtown Manhattan.
The development earned a 2026 CoStar Impact Award, as judged by a panel of real estate professionals with knowledge of the local market.
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The development earned a 2026 CoStar Impact Award, as judged by a panel of real estate professionals with knowledge of the local market.
New Luxury Hotel Going in Along SLC’s West Temple.
Salt Lake City Tribune
Downtown Salt Lake City is getting another luxury hotel after a New Orleans-based developer confirmed this week that it resumed work on a new 10-story building at the highly seen corner of West Temple and 400 South.
Executives with Domain Companies announced Wednesday they’d secured a deal for $102 million in private financing for the hotel project at 370 S. West Temple, with arrangements in place for IHG Hotels & Resorts’ Kimpton luxury brand to operate the new 216-key facility once it opens.
“This is a major step forward in bringing this exciting project to life,” Matt Schwartz, co-CEO of Domain Cos., said in a statement, adding that it ”will provide Salt Lake City with a word-class luxury lifestyle hotel experience right in the bustling downtown district and set a new standard for hospitality in the market.”
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Executives with Domain Companies announced Wednesday they’d secured a deal for $102 million in private financing for the hotel project at 370 S. West Temple, with arrangements in place for IHG Hotels & Resorts’ Kimpton luxury brand to operate the new 216-key facility once it opens.
“This is a major step forward in bringing this exciting project to life,” Matt Schwartz, co-CEO of Domain Cos., said in a statement, adding that it ”will provide Salt Lake City with a word-class luxury lifestyle hotel experience right in the bustling downtown district and set a new standard for hospitality in the market.”
Focal Point Brewery Inks 5K-SF Deal at 420 Carroll Street
Commercial Observer
Focal Point Beer Company, a popular Long Island City-based craft brewery, is opening its second location and taking 5,000 square feet of retail space at 420 Carroll Street, a luxury residential building in Brooklyn’s Gowanus neighborhood, owner and developer the Domain Companies. The new location will feature a taproom, a full dine-in restaurant, and a large outdoor seating area overlooking the Gowanus Canal.
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Three retail leases signed at Gowanus waterfront development
Crain's New York Business
A Gowanus waterfront development is about to get three new retail tenants. Focal Point Brewery and wine shop BYOB Naturale Wine & Spirits have signed 10-year leases at Domain Companies’ 420 Carroll St. The brewery, which operates a production facility and taproom in Long Island City, will occupy a 5,000-square-foot space. This location will offer a taproom, a dine-in restaurant and a waterfront outdoor seating area. BYOB Naturale Wine & Spirit, which is led by restaurateur Alessandro Trezza, will be in an 800-square-foot space. They will be joined by a community-focused architecture and design hub, Brooklyn Builders Studio, which leased a 1,700-square-foot space. Brooklyn Builders Studio will offer children and families a hands-on learning environment that encourages them to look into architecture, innovative problem-solving, and placemaking.
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European rental, hotel brand plans Long Island City location
Crain's New York Business
Long Island City just got a new hotel. Belvilla, a European short-term rental and hospitality brand, has signed a 15-year, 50,000-square-foot lease for a 72-unit hotel at 45-06 Pearson St. in the Queens neighborhood. The hotel is called Belvilla District 6 and opened recently. Igloo's Adam Joly represented Prism and the property's ownership group, led by Long Island City-based Vorea Group, in the deal.
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Here’s the first look at Sushi by Us, a stylish downtown NOLA spot with speakeasy vibe
nola.com
Who is 'Us?' Sushi is right on the name, but this is not a conventional Japanese restaurant, even by modern standards of gold leaf and foie gras as nigiri garnish. It is the latest from Veho Hospitality Group, the restaurant company started by Vilexis and Danny Cruz, who also created Tacos Del Cartel and the nearby Taquerias Carnalito, the fast-casual taco stand.
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The Shop Workspace Announces New South Market Location
Biz New Orleans
The Shop Workspace, a premier, artfully-designed coworking space with locations across the country, has announced a new location in South Market, New Orleans, will open in Spring 2026. The Shop SOMA is the coworking space’s second location in New Orleans, representing a return to the city following national expansion in Brooklyn and Salt Lake City.
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