May

December 29, 2008 - Spotlights
Ashkenazy Acquisition and Carlyle Grp. buy 650 Madison for $680m; JP Morgan Chase reps. seller, Hiro R.E., financed by Natixis and Shorenstein Tenenbaum and Rosen of SL Green Realty complete 83,822 s/f lease to News America Inc. at 1185 Avenue of the Americas in Manhattan Regeneron to move headquarters to $145m facility built by BioMed Realty Trust; grants from Empire State Dev. Corp. and Westchester Cty. IDA Massey Knakal sells 286 Stanhope St. in Brooklyn; Sudert of Massey Knakal reps. the seller, Erasmo of Global Home Realty assisted Braddish, Gaccione, Zanoff of CBRE complete $39m in financing; CBRE's Sherman and Sharon secure $24m for Pelham Bay Professional Ctr. Taconic Inv. and Denham Wolf to redevelop 400,000 s/f American BankNote bldg. for approx. $25m; Design by Beyer Blinder Belle Metro Loft Mgmt. to transform 20 Exchange Pl. into rental building; 800,000 s/f property bordered by Hanover, William and Beaver Sts. Elizabeth Arden flagship store unveils at 691 5th Ave. in Manhattan-new design by Highland Assoc.; Lehr Const. is part of proj. team SL Green sells 39-story, 670,000 s/f, 1250 Broadway to Murray Hill Properties for $310 million; Cushman & Wakefield act on behalf of sellers Bronx welcomes new affordable green dev., The Washington Bridge View; team includes Danois Arch., Artec, Mastermind Dev., Wexler Roseman and Meyerson of Sholom & Zuckerbrot negotiate 65,000 s/f at 29-76 Northern Blvd.; Schofel, Silver and Brown of NKF rep. tenant Dunne, Bardsley, Oram, Gavin of CBRE N.Y. collaborate with brokers in Conn. and N.J. CBRE offices for $220m portfolio asset sale Goldman and Moran of Newmark Knight Frank broker 44,100 s/f lease on behalf of Paulson & Co.; Falk and Shimkin of NKF represent landlord Schneider and Glaser of Eastern Consolidated represent seller and buyer for $7m sale of 129 Charles St. in Manhattan's Greenwich Village Miller, Tapper, Ortiz and Nigido of Eastern Consolidated sell 14,780 s/f Unilake Shopping Plaza retail property for $4.7 million to Vickers Rlty. Monte of The Rose Hill Group secures $5.6 million financing for new 34,920 s/f retail development in Tonawanda; Sheridan Dev. is owner CB Richard Ellis arranges $27.6 million sale of two properties on Long Island; Koukou reps. Newport Realty Partners in the recent acquisition Roseman of Sholom & Zuckerbrot leases 47,000 s/f at The Granite Buildings in Lake Success on behalf of Health Insurance Plan of N.Y. Rural Ulster Preservation Co. renovates the Kirkland Hotel, a 16,000 s/f mixed-use proj.; Team includes Coppola Assoc., Cannon Heyman & Weiss Hirsch and Karpel of Meridian Cap. arrange $60.4m acquisition financing for 80-88 West End Ave.; Weiss of Walter & Samuels assists Cooper-Horowitz completes five financing transactions totaling $37.644m; includes $26m by Moloff and Barbato for 11- South 8th St. Rynar of Ferrer Realty handles $7.2 million sale of 17,000 s/f, 17-22 Whitestone Expwy. for Lehigh Hospitality; GVA Williams assists Gourianov of Kalmon Dolgin collaborates with Kines of Kaplon-Belo for $1.9m sale of 15,000 s/f industrial property located at 212-20/24 99th Ave. O'Rourke of Roohan Rlty. brokers $1.825m sale of mixed-use property at 53-55 Church St.; Smith of Realty USA was selling agent Pisanelli of U.S. Realty Capital secures $1.54 refinance of 51,738 s/f facility at 1276 Military Rd. in Tonawanda: 30-year, fixed-rate loan placed Constanza Enterprises completes $3m renovation of Station 55, a 44,000 s/f mixed-use dev.; team includes Chris Maggio, BMS Elec. Searles, Stromski, Associates, Architects, Planners, P.C. to complete $60m renovation for the Baiting Hollow Club; designed by Hart/Howerton New Roc Assoc., a partnership between Entertainment Props. Trust and Cappelli Enterprises leases 160,000 s/f to Target in New Rochelle

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