Gorman and Gettler of New Street Realty secure 5,500 s/f; Woods of Grubb & Ellis assists

Duvernay + Brooks LLC and Pennrose Properties LLC have completed the retail lease with St. Luke's-Roosevelt Hospital Center at The Sutton, a newly constructed 134-unit residential building at 2771 Frederick Douglass Blvd. The medical facility signed a 10-year lease for 3,000 s/f of ground-floor retail space and 2,500 s/f of basement space at the building. Matthew Gorman and Joshua Gettler, managing partners, with New Street Realty Advisors represented Duvernay + Brooks in the transaction. Daniel Woods of Grubb & Ellis New York Inc. and Elizabeth Martin of E. L. Martin Partners, LLC represented St. Luke's-Roosevelt. The Sutton is one of three residential buildings that Duvernay + Brooks and Pennrose Properties have developed in the area over the past five years. Its neighbors include Bradhurst Apartments, a rental building at West 148th Street and Frederick Douglass Boulevard, and Ellington on the Park, Harlem's newest 133-unit cooperative at West 148th Street and Bradhurst Avenue. The two retail spaces of Bradhurst Apartments are currently occupied and total 4,000 s/f. An additional 3,000 s/f of Eighth Ave.-facing space at Ellington on the Park is now being marketed. St. Luke's-Roosevelt has taken occupancy of the retail space at The Sutton and anticipates opening a new medical office facility at the site in spring of 2010. NYC-based Duvernay + Brooks LLC is a developer of urban revitalization and affordable housing developments in several cities around the United States as well as a consultant to public- and private-sector developers of affordable housing. Pennrose Properties LLC, based in Philadelphia, is one of the country's foremost developers of mixed-income and mixed-use properties, having developed over 11,000 units of affordable and mixed-income housing in more than 180 separate developments.