Front Section

Colliers arranges new 60,000 s/f lease at 320 Park Ave. for Flagstar Bank’s primary location

Manhattan, NY Colliers has secured a new lease to be occupied by Flagstar Private Bank, a core business unit of Flagstar Bank, N.A., at 320 Park Ave. A Colliers team consisting of tri-state president Michael Cohen, executive vice president Howard Kaplowitz and principal Andrew Roos negotiated the

JLL Capital Markets arranges $38.5M sale of 540 Atlantic Ave. in Boerum Hill

Brooklyn, NY JLL Capital Markets has closed on the $38.5 million sale of 540 Atlantic Ave., a block-through development site in the Brooklyn Tech Triangle in Boerum Hill. JLL represented the seller, locally based DMA Associates,

JLL leases 13,815 s/f at 860 Bdwy. to Valon Tech.

Manhattan, NY According to JLL, Valon Technologies has leased a full floor of office space at 860 Bdwy., the redeveloped six-story office building in Midtown South. The company will relocate from a co-working space at 88 University Plc. to occupy 13,815 s/f

Marcus & Millichap sells Fannwood Estates for $48 million

Queens, NY Marcus & Millichap negotiated the sale of Fannwood Estates, a six-story, 312-unit multifamily asset located on an entire city block in the Rego Park neighborhood. The property sold for $48 million.

CBRE arranges new office leases totaling more than 275,000 s/f at 40 West 57th St.

Manhattan, NY CBRE completed five new office leases totaling 103,566 s/f at the office tower at 40 West 57th St. in the city’s Plaza District in the past few months. The new signings demonstrate the demand for office space at the class A office property owned

Barberry Rose sells off three building portfolio in Crown Heights for $5 million

Brooklyn, NY Barberry Rose has sold three contiguous four-story buildings on Eastern Pkwy. in Crown Heights with 49 units for $5 million to Gilman Management. The buildings include 1193,1199 and 1205 Eastern Pkwy.

JLL Capital Markets arranges $71m construction financing for The Austin

Queens, NY JLL Capital Markets have arranged $71 million in construction financing for The Austin, a 98-unit luxury condominium project underway at the corner of Austin St. and 78th Ave. in Forest Hills.

Marcus & Millichap facilitates $6 million sale of New York multifamily property

Manhattan, NY Marcus & Millichap brokered the sale of a multifamily apartment building at 35 Thayer St. in Washington Heights. The property sold for $6 million. “The buyer was in the market for a 1031 property

Marcus & Millichap brokers $8 million sale of Flat Iron District mixed-use building

Manhattan, NY Marcus & Millichap negotiated the sale of a five-story, mixed-use building for $8.15 million. “Through our team’s collaboration and after a thorough and widely exposed marketing campaign,

Cushman & Wakefield arranges three leases at 600 Lexington Ave.

Manhattan, NY Cushman & Wakefield has arranged three long-term leases at 600 Lexington Ave., a 305,472 s/f office building in the Plaza District. Hollyport Capital, a global secondary private equity funds manager, signed