NGKF Capital Markets arranges 48,583 s/f development site sale

NGKF Capital Markets has arranged the sale of 17 East 12th St., a 48,583 s/f development site, for $50,237,500, on behalf of the Brauser family. The parking garage off Fifth Ave. was sold to Peter Armstrong's Rigby Real Estate Fund II, LP, in a highly competitive auction for one of Greenwich Village's last remaining sites. The price equates to $1,034 per buildable s/f, breaking the current record of $750 per s/f for a pure residential development site set last year with the sale of 1108 Park Ave. "Sites of this size and zoning flexibility are unique in Greenwich Village," said NGKF Justin DiMare. "The ability to deliver modern residences at this location drew wide interest."

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Meridian Capital Group arranges 10-year retail lease for Mess at 236 West 10th St.

Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10^thSt. in Greenwich Village

Houlihan Lawrence Commercial sells residential development site for $2.1 million

Houlihan Lawrence sells development site for $2.1m

GFP Real Estate signs Knit Illustrated to 4,051 s/f five-year lease at 247 West 37th St.

GFP R.E. signs Knit Illustrated to 4,051 s/f at 247 West 37th St.

The Feil Organization signs 15-year, 46,000 s/f renewal with Thompson Coburn LLP at 488 Madison Ave.

Feil signs 46,000 s/f renewal with Thompson Coburn at 488 Madison Ave.

Cushman & Wakefield arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma, LLP

C&W arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma

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