Adams & Co. brokers four leases totaling 13,053 s/f
Adams & Co. Real Estate has closed four deals along Seventh Ave. totaling 13,053 s/f:
* A three-year, 5,575 s/f lease and 291 s/f expansion at 463 Seventh Ave. for Amerimade Coat, Inc. David Levy of Adams & Co. represented the tenant and the landlord, The Arsenal Co., LLC.
* A 10-year, 2,950 s/f lease at 307 Seventh Ave. for Adventure Publishing. Joseph Friedman of Adams & Co. represented the tenant while Peter Liptrot of Bernstein Real Estate, represented the landlord.
* A three-year, 2,737 s/f lease at 463 Seventh Ave. for Planet Motherhood. Levy represented the tenant and the landlord, The Arsenal Co.
* A five-year, 1,500 s/f lease at 352 Seventh Ave. for NYS Industry for the Disabled (NYSID). Michael Hymowitz of Adams & Co. represented the tenant while Nathan Wasserman of AM Property Holdings represented the landlord, AM Property Holding Corp.
"Demand for space along Seventh Ave., both in and around the Fashion District, is strong and it will always be a sought-after destination because of the value for space, central location and close proximity to all major transportation," said Levy, principal of Adams & Co.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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