Category: Brokerage
Newmark Knight Frank negotiates $44 million acquisition loan for Arden Group
December 17, 2019
Manhattan, NY On behalf of Arden Group, Newmark Knight Frank has arranged a $44 million floating-rate loan for the acquisition of 4650 Broadway, a development site located in the Inwood neighborhood. Newmark Knight Frank vice chairmen and
Target signs 33,000 s/f lease with Tishman in Times Sq.
December 17, 2019
Manhattan, NY According to Target, the retailer plans to open a new small-format store located on 42nd St. between 7th and 8th Aves. in Times Sq. Projected to open by 2022, the Times Sq. store will be
ABS Partners Real Estate and Collier’s Int’l. collaborate for 3,700 s/f lease to Ferrell Mittman...
December 17, 2019
Manhattan, NY ABS Partners Real Estate has arranged a new 10-year, 3,700 s/f retail lease with furniture designer Ferrell Mittman at 228 East 58th St. The blended ground and second floor asking rent was
Related Cos., Cushman & Wakefield bring Facebook to Hudson Yards: 1.522 million s/f
December 17, 2019
Manhattan, NY Hudson Yards completed a lease with Facebook for 1.522 million s/f of office space across 30 floors and three buildings. 30 Hudson Yards was developed by Related Cos. and Oxford
REBNY releases 2019 Manhattan Retail Report
December 17, 2019
Manhattan, NY The Real Estate Board of New York’s (REBNY) has released its fall 2019 Manhattan Retail Report.The report found that average asking rents per s/f fell in many of the borough’s retail corridors in a continuation of a
Knighthead Funding places $19.1 million loan
December 17, 2019
Bronx, NY Knighthead Funding LLC has provided an investor group with a $19.1 million senior loan to refinance a portfolio of 156 unsold co-op apartments in Riverdale. The units, which were acquired by the
Greystone closes $50 million bridge loan to refinance 75-unit House No. 94
December 17, 2019
Brooklyn, NY Greystone closed a $50 million bridge loan made to an affiliate of Hudson Companies, Inc. to refinance House No. 94, a new seven-story, 75-unit “80/20” mixed-income multifamily rental building located at 94 North
SL Green signs two leases totaling 58,699 s/f
December 17, 2019
Manhattan, NY SL Green Realty Corp. has signed two leases at 485 Lexington Ave. Crowe LLP, an accounting and technology consulting firm, signed a 10-year, 44,493 s/f lease for the 11th floor. Tailwind Management, a business
Cole Schotz P.C. reps Cove Property Group in $724.2 million financing for Hudson Commons redevelopme...
December 17, 2019
Manhattan, NY Cole Schotz P.C. represented Cove Property Group in connection with a $724.2 million financing for Hudson Commons, Cove’s 25-story, 698,000 s/f office redevelopment at 441 Ninth Ave. in the Hudson Yards submarket.
Federal Realty Investment Trust acquires Georgetowne Shopping Center for $83.7 million
December 17, 2019
Brooklyn, NY Federal Realty Investment Trust has acquired Georgetowne Shopping Center, a 147,000 s/f grocery-anchored neighborhood shopping center with surface parking on nine acres. The property is located in the borough’s Georgetown neighborhood.
O’Brien and Peters of M.C. O’Brien Inc. secure two leases
December 17, 2019
Brooklyn, NY According to M.C. O’Brien Inc., they have secured two long-term leases on two exclusive retail listings. The first transaction was for
Meridian Properties acquires Brooklyn multifamily; Bestreich of Bestreich Realty was the sole broker...
December 17, 2019
Brooklyn, NY Meridian Properties, LLC has acquired a multifamily property located at 242-244 Hawthorne St. in Prospect Lefferts Garden area for $6.1 million, with a 6.5% cap rate. Both parties were represented
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