News: Brokerage

Cushman & Wakefield's Podell and team appointed to lease 30,000 s/f of retail space

Manhattan , NY According to Cushman & Wakefield Joanne Podell and her team comprised of Ian Lerner, Brandon Singer, and Chris Stanton have been appointed as the exclusive leasing agent for two retail spaces: 604 5th Ave. and 34 Union Square East. * 604 5th Ave.: Located on 5th Ave., between 48th and 49th Sts., 604 5th Ave. offers a unique opportunity to brand an entire six-story building at the most recognized retail address in the world. Perfectly situated between TopShop, Saks Fifth Ave., and Rockefeller Center, the building touts 3,000 s/f of space per floor, with over 21,000 s/f in total. * 34 Union Square East: Offering a tremendous signage opportunity with excellent visibility from the center of Union Square, this building has a total of 12,615 s/f available spread throughout three floors. 34 Union Square East presents an opportunity for entire building identity on a prime corner that neighbors top-name retailers such as Forever 21, Blue Water Grill, Sephora, Starbucks, M.A.C. and Whole Foods. "Each of these properties offer tenants innovative retail locations along some of New York City's greatest retail corridors," said Podell, vice chairman of Cushman & Wakefield. "C&W is excited by the opportunity to market these spaces, and we look forward to creating a mutually beneficial and harmonious relationship between our clients and their new tenants."
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Ariel Property Advisors arranges $45 million sale of four building affordable housing portfolio

Manhattan, NY Ariel Property Advisors (Ariel) brokered the $45 million sale of Hudson View II & III, a four-building affordable housing portfolio in the upper borough’s Hamilton Heights neighborhood. The portfolio includes 520 West 145th St., 528 West 145th St., 1704 Amsterdam Ave. and 502-504 West 145th St. Together, the properties comprise 129 Project-Based Section 8 residential units, and 11 retail units located along 200 ft.
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