Sunset Park

Rendering of 737 4th Avenue, courtesy of Marino PR

Construction Financing Secured For 737 4th Avenue In Sunset Park, Brooklyn

BEB Capital and Totem, in partnership with Ofer Cohen and SK Development, have secured financing for a new residential development at 737 4th Avenue in Sunset Park, Brooklyn. The structure will yield 187 residential units with 46 designated as permanently affordable homes with a target average price of 48 percent of the area median income, as well as a ground-level retail space. Walker & Dunlop facilitated the $143 million loan for the 193,000-square-foot, 14-story project.

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Martin Scorsese Virtual Production Center, courtesy of Industry City

NYU Tisch Unveils Martin Scorsese Virtual Production Center At Industry City in Sunset Park, Brooklyn

Industry City, a 35-acre innovation campus located on the Sunset Park waterfront in Brooklyn, has announced the completion of construction for the NYU Tisch School of the Arts Martin Scorsese Virtual Production Center. Planned to open to NYU Tisch students in fall 2024, this new facility marks a notable advancement in production education for the school.

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