News: Brokerage

Del Guercio of Itzhaki brokers $5 million sale

Angelo Del Guercio of Itzhaki Properties closed the sale of 341 Lexington Ave. Located in Murray Hill, this 3,800 s/f, four-story, walk-up building consisting of ground floor retail and five apartments, sold for $5 million, a 4.4% cap with significant upside. Del Guercio, director of investment sales at Itzhaki, represented the seller and buyer of the property, both private investors.
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Law Firm Nutter expands space to 11,438 s/f at 5 Grand Central East

Manhattan, NY According to the Durst Organization, full-service law firm Nutter is expanding their office at 5 Grand Central East to 11,438 s/f. Nutter will take the entire 25th floor, in addition to renewing the firm’s existing office space on the 27th floor of the building.
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