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Marcal's combined strengths as a syndicator of real estate deals, and a design-build company for prestigious specialty projects has earned it a coveted position of distinction amongst the most dynamic players in the field.
Living Along the Sea
Living Along the Sea
source DDC Journal time Spring 2018
Brooklyn developer brings high-quality living to one of New York's best-kept secrets
With its new development in the heart of Far Rockaway, Queens, the Marcal Group is leveraging a commonly overlooked area of New York City.
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HPD Announces Development Plans for 5 Clusters of Small Vacant City Owned Lots In Brooklyn and Manhattan
Trakhtenberg and Bulow of Eastern Consolidated lease 2,000 s/f to Foozo
source NYREJ time April 17, 2018
Brooklyn, NY Foozo Artisan Pizza, which shares the same operator as Miami's renowned Fuego by Mana Steakhouse, will be opening its first location in New York City at 3003 Ave. J on the corner of Nostrand Ave. in the Flatbush section after signing a lease arranged by Eastern Consolidated’s retail leasing division.
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Why investors are flocking to Far Rockaway
Why investors are flocking to Far Rockaway
author Eddie Small source The Real Deal time January 26, 2018
With a fresh rezoning and new transit improvements, major NYC developers have upped their interest in the seaside enclave
Far Rockaway may be one of the farthest-flung parts of the city, but over the past few years that hasn’t been much of a detriment to development. And a rezoning and new ferry service to Lower Manhattan are only adding to the boom.
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Berger closes acquisition of former Blue Cross offices
Berger closes acquisition of former Blue Cross offices
author Rew source Real Estate Weekly time November 24, 2017
Berger Organization, a real estate company based in Newark, NJ, has closed on its acquisition of 33 Washington Street, a 450,000 s/f, 18-story office tower located in downtown Newark. The property was built for Horizon Blue Cross/Blue Shield and is now multi-tenanted by leading companies.
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HPD Announces Development Plans for 5 Clusters of Small Vacant City Owned Lots In Brooklyn and Manhattan
HPD Announces Development Plans for 5 Clusters of Small Vacant City Owned Lots In Brooklyn and Manhattan
author Juliet Pierre-Antoine source NYC Housing Preservation & Development time March 21, 2017
New York City Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer today announced the selection of development teams to build 100 percent affordable developments on five clusters of small parcels of vacant City-owned land.
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Midwood—Known as Suburbia in the City—Is Seeing an Office Explosion
Midwood—Known as Suburbia in the City—Is Seeing an Office Explosion
author LIAM LA GUERRE source Commercial Observer time MARCH 8, 2017
The words “Midwood” and “new office space” just don’t sound right when put in the same sentence. But you’d better get used to saying it. The Brooklyn neighborhood, known for its small-slice-of-suburbia feel with tree-lined streets, the Brooklyn College campus and large two-story single-family detached and semi-attached homes with front yards and driveways
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East Flatbush Duplex Condo With Three Bedrooms, Private Deck Asks $815K
East Flatbush Duplex Condo With Three Bedrooms, Private Deck Asks $815K
author Chris Erikson source Brownstoner time December 13, 2016
This three-bedroom unit is part of a new townhouse-style condo development in East Flatbush, at 452-458 East 29th Street. There will be 16 units all told; this is one of eight that hit the market earlier this month. A fourth-floor walkup with three bedrooms and a private terrace, this is the most expensive of the lot.
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Marcal buys three Bronx properties for $33M
Marcal buys three Bronx properties for $33M
author Chava Gourarie source The Real Deal time November 23, 2016
The Marcal Group purchased three adjacent properties, two office buildings and a parking lot, in Pelham Bay in the northeast Bronx for $33 million. The three properties — at 3250, 3268 and 3276 Westchester Avenue — occupy a triangular-shaped block between the Bruckner Expressway and the above-ground subway tracks.
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Marcal Group plans 160K sf Rockaway Beach rental building
Marcal Group plans 160K sf Rockaway Beach rental building
author Chava Gourarie source The Real Deal time November 4, 2016
The Marcal Group is moving forward with plans for a new mixed-use project on the Rockaway Beach waterfront, according to a permit application filed with the city Friday. The Brooklyn-based developer, led by Mark Caller, filed plans for a 160,312-square-foot, mixed-use building that will rise at 137 Beach 116th Street and extend to Beach 117th Street.
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Revealed: Seaside Landing At 1-37 Beach 116th Street In Rockaway Park, Queens
Revealed: Seaside Landing At 1-37 Beach 116th Street In Rockaway Park, Queens
author Rebbecca Baird-Remba source New York Yimby time November 4, 2016
Large new residential projects don't happen often in the Rockaways, where most neighborhoods are zoned for small apartment buildings and one- and two-family homes. But one developer is planning the first of four nine-story, mixed-use buildings in Rockaway Park, steps from the boardwalk and the ocean.
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Four Nine-Story Mixed-Use Buildings Planned At 129 Beach 116th Street Assemblage, Rockaway Park
Four Nine-Story Mixed-Use Buildings Planned At 129 Beach 116th Street Assemblage, Rockaway Park
author Reid Wilson source New York Yimby time August 12, 2016
Brooklyn-based Marcal Group is planning to develop four mixed-use buildings – each rising nine stories in height – on an assemblage of development sites located between Beach 115th and 117th streets, in Rockaway Park. That's a neighborhood along the Rockaways in southern Queens.
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116th Street Makeover. Developer Doing MULTI-Million $ Project
116th Street Makeover. Developer Doing MULTI-Million $ Project
author Kevin Boyle source Rockaway Times time August 11, 2016
Wow. Don't look now, but 116th Street has a future. And it looks shining. The Marcal Group, developers from Brooklyn, have announced plans that will transform the west end's main commercial corridor. The plan, called Seaside Landing, will be a complex of four buildings, each 9 stories high, from Beach 115th to Beach 117th.
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Seven-Story, 46-Unit Affordable Building Wraps Up At 382 Lefferts Avenue, PLG
Seven-Story, 46-Unit Affordable Building Wraps Up At 382 Lefferts Avenue, PLG
author ReiD Wilson source New York Yimby time July 31, 2015
Construction is wrapping up at the seven-story, 46-unit subsidized rental building at 382 Lefferts Avenue, in Prospect Lefferts Gardens, just a block from the 2/5 subway's Sterling Street stop. In 2007, developer Tali Realty began construction with plans to build 26 condos
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Permits Filed: Karl Fischer-Designed 843 Lexington Avenue, Bed-Stuy
Permits Filed: Karl Fischer-Designed 843 Lexington Avenue, Bed-Stuy
author Stephen Smith source New York Yimby time December 9, 2014
Earlier today, a permit application was filed by Karl Fischer Architects to construct a new six-story residential building near the border of Bed-Stuy and Bushwick, at 843 Lexington Avenue. The apartment project would sit between Patchen Avenue and Broadway, and contain 38 units above a ground floor retail space.
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New Brooklyn Medical Center Refis With $49M CMBS Loan
New Brooklyn Medical Center Refis With $49M CMBS Loan
author Guelda Voien source Commercial Observer time October 10, 2014
Meridian Capital Group arranged a $49 million CMBS loan for the refinance of the newly built Calko Medical Center in Brooklyn, Mortgage Observer has first learned. Calko was built last year and holds 125,000 square feet of office and retail space.
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Prospectus Details $49M Loan on 6010 Bay Parkway in Brooklyn
Prospectus Details $49M Loan on 6010 Bay Parkway in Brooklyn
author Jay Rickey source Jay Rickey time October 9, 2014
A prospectus filed by Citigroup Global Markets Inc and Goldman, Sachs & Co for Citigroup Commercial Mortgage Trust 2014-GC25 provides details on the pool's top loans, including a $49 million first mortgage loan on 6010 Bay Parkway, an office building located in Brooklyn, New York.
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Marcal Group Sells Brooklyn Multifamily for $17M
Marcal Group Sells Brooklyn Multifamily for $17M
author Justin Sumner source CoStar time July 16, 2014
A private investor acquired the apartment building at 346 E. 29th St. in Brooklyn, NY from The Marcal Group for $17 million, or about $262,000 per square foot. The seven-story, 66,932-square-foot multifamily property was built in 1966 on one-third of an acre in the East Flatbush submarket of Kings County.
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New Calko Medical Center Looks To Provide Expanded Health Service Coverage For Bensonhurst
New Calko Medical Center Looks To Provide Expanded Health Service Coverage For Bensonhurst
author W Simpson source Bensonhurst Bean time March 20, 2013
Meridian Capital Group arranged a $49 million CMBS loan for the refinance of the newly built Calko Medical Center in Brooklyn, Mortgage Observer has first learned. Calko was built last year and holds 125,000 square feet of office and retail space.
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One-Stop-Shop medical center to open in Bensonhurst
One-Stop-Shop medical center to open in Bensonhurst
author Paula Katinas source Brooklyn Daily Eagle time March 18, 2013
A new medical facility, hailed by its developers as a "one-stop-shop" place for patients seeking health care, is set to open in Bensonhurst within the next few weeks, officials said. Calko Medical Center, a $60 million, 100,000 square foot facility, is located at 6010 Bay Parkway.
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HPD, CPC Resources, East Brooklyn Congregations, SONYMA, and PNC Bank, N.A., Celebrate Grand Opening of Affordable Housing in Brooklyn
HPD, CPC Resources, East Brooklyn Congregations, SONYMA, and PNC Bank, N.A., Celebrate Grand Opening of Affordable Housing in Brooklyn
author Eric Bederman source CPC time July 12, 2012
Brooklyn, NY, July 12, 2012 – The New York City Department of Housing Preservation and Development (HPD), CPC Resources, Inc. (CPCR), East Brooklyn Congregations (EBC), residents and partners, celebrated today the completion of Madison Putnam, a new 48-unit affordable housing development for low-income families
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Medical miracle in Bensonhurst
Medical miracle in Bensonhurst
author Linda O'FLanagan source Rew Online time July 28, 2011
Construction is underway on the new Calko Medical Center at 6010 Bay Parkway in the Borough Park and Bensonhurst section of Brooklyn, a multi-million dollar facility that can claim to be a bit of a medical miracle for the borough. Slated to house numerous medical and surgical practices
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Renovating a Building, and Perhaps a Suburb's Image
Renovating a Building, and Perhaps a Suburb's Image
author Ricahrd G. Jones source New York Times time August 12, 2007
East Orange, N.J., Aug. 11 — In the cold nomenclature of tax assessors and municipal records, it is known as Lot: 2, Block: 280, District: 5. Before its once-proud apartments were abandoned to squatters and gangs, it was called the Mayfair, a label that now seems wildly out of place in this struggling city.
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