Real Estate

Recent Commercial Real Estate Transactions

$4.19 MILLION

223 Fifth Avenue (at President Street)

Brooklyn

Built in 1920, this five-story, 12,240-square-foot building in Park Slope has four retail spaces and 12 apartments: four four-bedroom, four three-bedroom and four one-bedroom. Eleven of the apartments and all of the commercial spaces are occupied. The building last

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China Evergrande’s Real Estate Wing Posts Loss

Evergrande Group CEO Hui Ka Yan (Getty)

Evergrande Group CEO Hui Ka Yan (Getty)

China Evergrande Group warned that its real estate wing recorded a loss in the first half of the year for the first time since at least 2009.

The company’s property business incurred a loss equivalent to about $618 million, according to the Wall

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