News: Brokerage

Majerovsky of Citywide Properties completes a 5 year, 13,000 s/f lease

Sasha Majerovsky of Citywide Properties, Inc. has completed a 15 year lease with 5 year option  for 13,000 s/f encompassing the entire 2nd & 3rd floors  at 202 Centre St. with Lower Manhattan Dialysis Center, a medical office and dialysis facility founded in 1971. Following a year long search, Lower Manhattan Dialysis Center had turned to Sasha Majerovsky of Citywide for their space search.With full understanding of their extremely  specific needs and strict requirements of this unique client and not exceeding their price range, Sasha brought to their attention 202 Centre St.,a 6 story corner building built in 1912 with asking rents of in the $40's per s/f. Located in the SoHo submarket, and in close to Chinatown (one major requirement for them) and to their former location at 150 Lafayette St., the space fit their criteria in every way said Sasha. Though details of the transaction were undisclosed, Sasha said this was a very complex transaction with a lot to iron out, such as creating a separate entrance with new lobby and elevator for them on the Hester St. side, which is why the deal took a few months to consummate. Overall, the landlord is very pleased to have a tenant of that caliber. The landlord was represented by Centre Hester Realty LLC.
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