A rezoning and the proximity of brownstone Brooklyn help developers cross the marketing rubicon of building along the area’s canal. For 420 Carroll, a 360-unit mixed-use building that the Domain Companies built along the banks of the canal, DeSimone had to ensure that the foundation was deeper than usual. “The building structure had to be sensitive to potential hydrostatic loads from flood conditions or elevated water levels,” said Boykin. “We want to isolate the interior of the building from any potential unknowns that may exist given the legacy of the project by compartmentalizing the below-grade enclosure of the building, so that there’s no opportunity for gas or leaching of unknown pollutants into the building.” Boykin needed to come up with worst-case scenarios for potential flooding, and defend against them. “All of the low-grade conditions of the building are wrapped in a bathtub of waterproofing up to the design flood elevation,” said Boykin. “So, in concept, the water level can rise, but it can never get into the building.”

The Brooklyn-based grocery store Dumbo Market has officially opened its newest location at Jasper, a mixed-use development at 2-33 50th Ave. in the Hunters Point section of Long Island City.

The Barnett, a hotel in New Orleans’ Warehouse Arts District, has unveiled a major transformation, featuring redesigned guest rooms, upgraded suites, a refreshed rooftop pool and bar, and enhanced dining and music offerings.

The real estate team behind a sprawling mixed-use project in Long Island City has closed on a $290 million refinancing for the development. The Domain Cos., LMXD and Bridge Investment Group have secured the financing from Wells Fargo for Jasper, a project on Fifth Street between 49th and 50th avenues in the bustling Queens neighborhood that contains 499 residential units and 10 retailers, the companies announced Thursday. The deal upsizes and replaces Wells Fargo's prior $220 million construction loan for the development, which is more than 65% leased after six months.

A Lower Manhattan-based real estate firm known for its large outer-borough projects has acquired its frequent development partner to help speed up its growth in the city and bring brokerage and construction services in-house, the two firms announced Tuesday.

Manhattan-based Domain will take over The Vorea Group and its affiliates' development operations, the company announced in a statement. The deal includes Igloo, a brokerage focused on food and beverage, retail, creative office and maker space, and Vorea Construction Co., a full-service general contractor.

Real estate development and investment firm The Domain Companies has acquired The Vorea Group, a real estate company with several affiliates, the companies announced.

A new coworking space in Gowanus has officially opened its doors. The Shop Workspace, located at 420 Carroll St., is a mixed-use development that will cement itself in one of Brooklyn’s most dynamic and evolving neighborhoods.

Domain has officially acquired The Vorea Group, Vorea Construction and commercial real estate platform, Igloo — bringing together these powerhouse teams to fuel growth in NYC’s most dynamic neighborhoods, from Gowanus and Greenpoint Long Island City and beyond.

Vorea and Igloo bring deep expertise in development, construction, and brokerage while Domain brings a vertically integrated national platform plus $2.5B+ in executed projects. Together, we’re building a smarter, more impactful future for urban living. With nearly $2B in NYC projects on the horizon, this is just the beginning.