News:
Brokerage
Posted: February 24, 2026
JLL Capital Markets arranges $53 million sale of 75-83 Nassau St. development site
Manhattan, NY JLL Capital Markets has arranged the $53 million sale of 75–83 Nassau St., a development site located in the Financial District.
JLL represented the seller, N.Y.-based investment firm Lexin Capital and negotiated directly with the buyer, Fulltime Management and Montgomery Street Partners, which plan to build a mixed-use project on the site, one of the city’s last 421a-vested land parcels.
Assembled over several years by the seller, 75–83 Nassau St. is located near the Fulton St. transit hub in FiDi and offers 275,000 s/f of permitted zoning floor area, including 225,000 s/f of residential space. The buyer plans a residential-led tower that includes ground-floor retail and second-floor commercial space.
The JLL Capital Markets team was led by Andrew Scandalios, Ethan Stanton, Jonathan Hageman and Michael Mazzara.
Tags:
Brokerage
New York City
MORE FROM Brokerage
Venture Brokerage Group leases 2,100 s/f to CAVA at Victor Crossing
Victor, NY According to Venture Brokerage Group, CAVA, the Mediterranean fast-casual restaurant brand, is coming to 401 Commerce Dr., at Victor Crossing. Janell Vanegas
Quick Hits
Columns and Thought Leadership
The art of investing in real estate - by Thomas Donovan
Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
.gif)