Waterman, Fanuzzi, Frey and Ozarowski of NKF arrange 3,025 s/f lease
Daroth Capital LLC, parent of investment bank DC Advisors, has leased 3,025 s/f of office space at 130 East 59th St., a 17-story, 220,000 s/f Plaza District office tower located on the southwest corner of East 59th St. and Lexington Ave.
A Newmark Knight Frank (NKF) agency leasing team comprised of Brian Waterman, executive VP and principal; Jonathan Fanuzzi, managing director; Brandl Frey, director; and Brent Ozarowski, associate director, represented building ownership. Daroth Capital was represented by William Hartman and Eric LaCoursiere, both with the midtown office of Cushman &Wakefield.
Daroth Capital leased a pre-built space on the partial 12th floor of the building. Owned and partially occupied by the UJA-Federation of New York, 130 East 59th St. underwent a capital improvement program in 2007. The $100 million effort was overseen by Swanke Hayden Connell Architects. Ownership also engaged architectural and interiors firm MKDA.
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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