News: Brokerage

Gibson and Levirsky of Cushman & Wakefield arrange 11,000 s/f lease

According to Waterman Interests, LLC, Fieldpoint Private Bank & Trust has executed a 10-year lease for the entire 18th floor (11,000 s/f) of 400 Park Ave., located at 54th St. The deal marks another completed step in Waterman's repositioning and value creation strategy at 400 Park Ave., a 21-story class A office and retail property. Waterman acquired the leasehold to the class A property in 2010 and is undertaking an extensive repositioning program. This deal represents an expansion for Fieldpoint Private.John Nugent, David Mauer-Hollaender, Zachary Freeman, David Kleinhandler, Michael Movshovich of CBRE represented the ownership, along with Drew Isaacson, VP of Waterman Interests, LLC. Timothy Gibson and William Levitsky of Cushman & Wakefield represented Fieldpoint Private. Waterman Interests, LLC is a privately-held and self-managed real estate investment and operating company specializing in the acquisition, leasing, financing, management and development of office, retail, and mixed-use properties. The Company's growth strategy is focused on the New York City market, but also includes other cities that its principals have extensive experience operating in. These include San Francisco, Los Angeles, Washington, D.C., and Chicago. About Fieldpoint Private: Fieldpoint Private Bank & Trust (www.fieldpointprivate.com) is a boutique financial firm providing the highest degree of personalized, confidential wealth planning and private banking services. Catering to highly successful individuals, families, businesses and institutions, Fieldpoint Private offers a powerful combination of Wealth Management and strategy, Institutional Advisory, Family Office Services, and Private Banking and Business Banking services. Fieldpoint Private Press Contacts: Robert S. Matthews, President & CEO Fieldpoint Private (203) 413-9302 [email protected] Chet Dalzell, PR Director, UMarketing (866) 482-0288 ext. 180 or (917)608-2251 [email protected] ###
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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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