The Carlyle Group and Z+G Property Group have jointly acquired 8 Marcy Ave, an eight-story luxury rental building in Williamsburg, Brooklyn for $97.5 million. Developed by Prospect Development, the 123 unit property consists of market-rate and affordable apartments which were fully leased within three months as well as two commercial units that are also occupied. JLL represented the seller with a team led by Ethan Stanton along with Jeffrey Julien, Brendan Maddigan, Stephen Palmese Rob Hinckley Michael Mazzara Winfield Clifford Steven Rutman and Jay Leshinsky while Invesco Real Estate provided acquisition financing of $73.6 million to the buyer group.
Clay Lease Brings 11 Madison Ave to 100% Occupancy for SL Green
SL Green Realty Corp. has signed a significant new office lease with Clay at 11 Madison Ave., bringing the property
Steve Griffin
March 9, 2026
