JLL Capital Markets closes $45.625m bulk sale of 111 units

New York, NY JLL Capital Markets completed the following:

• JLL Capital Markets closed the $45.625 million bulk sale of 111 condominium units at 100 West 93^rd St., a 280-unit, 301,776 s/f residential condominium property with ground-floor retail on the Upper West Side, Manhattan. JLL also assisted with the financing for the buyer. JLL marketed the bulk package for the seller, ABC Properties; Aulder Capital acquired the condominium units. The JLL team representing the seller was led by chairman-NY investment sales Bob Knakal; managing directors Hall Oster, Paul Smadbeck, Jonathan Hageman; vice presidents George D’Ambrosio and Teddy Galligan, and associate Braedon Gait. The financing was led by senior managing director Max Herzog and vice president Marko Kazanjian.
• JLL completed the $8 million sale of a four-unit retail property at 1.66-42 Fresh Pond Rd. in Ridgewood, Queens. The JLL Capital Markets Investment Sales Advisory team representing the seller included Knakal; vice chairmen Stephen Palmese and Brendan Maddigan and managing directors Ethan Stanton, Michael Mazzara and Winfield Clifford.
• JLL completed the $7.5 million sale of the two-story mixed-use property at 135 Kent Ave. in Williamsburg, Brooklyn. The JLL Capital Markets Investment Sales Advisory team representing the seller was led by Maddigan, Stanton and director Steven Rutman.
• JLL Capital Markets has completed the $16 million sale of a mixed-use building at 333 Atlantic Ave. in Brooklyn. The JLL Capital Markets Investment Sales Advisory team representing the seller was led by Palmese and Maddigan, with Clifford, Mazzara and Stanton.
• JLL Capital Markets completed the $4 million sale of three contiguous tax lots in 255-259 Manhattan Ave. in East Williamsburg, Brooklyn. The assemblage consists of four lots totaling 4,500 s/f with 2,610 s/f of air rights and a combined 13,800 buildable s/f. The JLL Capital Markets Investment Sales Advisory team representing the seller was led by Maddigan, Stanton and Madigan.
• JLL completed a 48,000 s/f long-term sublease with Constellation Agency on behalf of Advance for the 21^st floor of One World Trade Center in Lower Manhattan. Peter Riguardi, chairman and president of the New York tri-state region, and Joseph Messina and Steven Rotter, vice chairmen, with JLL represented Advance. Dale Schlather, executive vice chairman, and Greg Herman, director, with Cushman & Wakefield represented Constellation Agency.