Hamilton of Helmsley Spear represents Flatbush Adult Daycare in 8,000 s/f lease

Brooklyn, NY According to Kent Swig, president, Helmsley Spear, LLC, has represented Flatbush Adult Daycare, in a new location for the service provider. The new space is located at 885 Flatbush Ave. and covers 8,000 s/f on the second floor.

Helmsley Spear managing director Rene Hamilton represented the tenant. The tenant signed a lease for a term of 10 years with an asking rent of $35 per s/f

The landlord, Madison Realty, d/b/a/ 885 Flatbush Associates LLC, was represented by Timothy King, managing partner, SVN I CPEX Real Estate.

“This has truly been a wonderful achievement bringing this service in a 10-year lease to this location. This adult daycare provider is now expanding its services to a new submarket in New York City. I have been proud to represent Flatbush Adult Daycare in their move into this Brooklyn location,” said Hamilton.

Tags: Brokerage

Reprint

Previous Story Next Story

AmTrustRE completes $211m acquisition of 260 Madison Ave.

Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring

Area 15 welcomes new tenant openings, signs more experiences coming

SABRE coordinates sale of six properties totaling 199,845 s/f

Polsinelli and Curcio of Compass arrange 22,000 s/f Urban Umbrella lease

Project REAP honored by ICSC for leadership and impact in Commercial Real Estate

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Construction Design & Engineering

Reidy Contracting completes five projects in Empire State Building

Columns and Thought Leadership

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.