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Jamestown celebrates topping out of One Times Square redevelopment
January 16, 2024
Manhattan, NY Jamestown celebrated the topping out of the redevelopment of One Times Sq., home to the historic New Year’s Eve Ball Drop. The $500 million redevelopment will transform the 119-year-old building into a
M&C Saatchi Group relocates to 13,000 s/f at 16 West 22nd St.
January 16, 2024
Manhattan, NY Saatchi Group, a London-based creative agency with offices worldwide has signed a new 10-year lease for 13,000 s/f — the entire ninth floor — at 16 West 22nd St. in the Flatiron District.
Barnea Bistro opens 7,600 s/f restaurant at Durst’s 114 W 47th St.
January 16, 2024
Manhattan, NY Barnea Bistro has chosen 114 W 47th St. to open a new Asian fusion restaurant. Spanning 7,602 s/f on the ground floor, Barnea Bistro has secured a 15-year lease.
Aanika Biosciences leases 27,087 s/f at Industry City’s Innovation Campus
January 16, 2024
Brooklyn, NY Industry City, the 35-acre innovation hub on the waterfront, made known that Aanika Biosciences is opening its 27,087 s/f location at the campus. The new space provides additional offices for Aanika Biosciences’
Koeppel Rosen negotiates five new apparel tenants at 1 East 33rd St.
January 16, 2024
Manhattan, NY According to Koeppel Rosen LLC, five new apparel tenants have committed to leases at 1 East 33rd St., the Midtown South/Madison Square District hub for showroom, office, technology and creative
Colliers Structured Finance Group closes $27.8m Fannie Mae loan for Edgeway apartment community
January 16, 2024
Bellflower, CA The Colliers Structured Finance Group (SFG) has closed a $27.765 milliion Fannie Mae loan for the refinancing of Edgeway, a 91-unit multifamily property. The loan is priced at 5.5% for five years and was arranged for Serrano Development Group by Colliers
SL Green inks new lease with Vaco at The Graybar Bldg.
January 16, 2024
Manhattan, NY According to SL Green Realty Corp., Vaco LLC., a global talent solutions firm, has signed a new 6,606 s/f, 10-year lease covering a portion of the 16th floor at 420 Lexington Ave. a/k/a Graybar Building.
Marx Realty signs Baccarat to 10,000 s/f lease at 545 Madison
January 16, 2024
Manhattan, NY According to Marx Realty, Baccarat will relocate its corporate offices to a 10,000 s/f penthouse and mezzanine space – including a private terrace – on the 18th floor at 545 Madison Ave. in the city’s Plaza District.
Fried Frank counsels Weill Cornell Medicine in lease at 1334 York Ave.
January 16, 2024
Manhattan, NY Fried Frank acted as counsel to Weill Cornell Medicine in its agreement to expand its Upper East Side campus and research footprint with a lease of five floors at 1334 York Ave., the current home of Sotheby’s auction house. Located one block from Weill Cornell
ESJ Group an d Hope Street Capital close on $108.15m construction financing
January 16, 2024
Brooklyn, NY EJS Group in partnership with Hope Street Capital closed a $108.15 million construction financing package for its forthcoming residential development at 12 Halsey St. in Bedford-Stuyvesant. The project is being developed under the Affordable New York Program
Eataly opens third location - 200 Lafayette St.
January 16, 2024
Manhattan, NY Eataly, the Italian marketplace with 50 locations globally, opened its third location in New York City. The store is located in a historically landmarked building at 200 Lafayette St. nestled in the heart of SoHo, at the
SL Green signs 77,000 s/f lease with Stonepeak Ptrs. at 245 Park Ave.
January 16, 2024
Manhattan, NY According to SL Green Realty Corp., Stonepeak Partners, L.P., a leading international alternative investment firm, has signed a new 76,716 s/f, 15-year lease covering the entire 31st and 32nd floors at 245 Park Ave. To
Rosenberg joins Rosenberg & Estis as of counsel
January 16, 2024
Manhattan, NY David Rosenberg has joined Rosenberg & Estis, P.C. (R&E) as of counsel within the transactions department. Rosenberg will strengthen the land use and zoning practice through his experience acting as an advocate for owners and developers
Hodges Ward Elliott arranges sale of the Hilton Brooklyn New York
January 16, 2024
Brooklyn, NY Hodges Ward Elliott (HWE) arranged the closing of the 196-key Hilton Brooklyn New York and the accompanying retail at 71 Smith St. at the nexus of downtown Brooklyn and Boerum Hill.
Cresa brings Meridian Compensation Partners to 600 Lexington Ave.
January 16, 2024
Manhattan, NY Cresa principal Gregg Cohen and vice president Nicholas Markel have arranged a lease for Meridian Compensation Partners, LLC at 600 Lexington Ave., a class-A 35-story office tower located between 52nd and 53rd Sts. The long-term
Cushman & Wakefield leases 20,000 s/f to Safe Horizon at 41 Flatbush
January 16, 2024
Brooklyn, NY Cushman & Wakefield arranged a long-term, 20,000 s/f lease for Safe Horizon at the Pioneer Building located at 41 Flatbush. Safe Horizon, one of the largest victim services nonprofit organizations in the U.S. serving over 250,000 survivors per year
Cushman & Wakefield arranges three leases at 600 Lexington Ave.
January 16, 2024
Manhattan, NY Cushman & Wakefield has arranged three long-term leases at 600 Lexington Ave., a 305,472 s/f office building in the Plaza District. Hollyport Capital, a global secondary private equity funds manager, signed
Colliers Structured Finance Group closes $27.8m Fannie Mae loan for Edgeway apartment community
January 16, 2024
Bellflower, CA The Colliers Structured Finance Group (SFG) has closed a $27.765 milliion Fannie Mae loan for the refinancing of Edgeway, a 91-unit multifamily property. The loan is priced at 5.5% for five years and was arranged for Serrano Development Group by Colliers
Marcus & Millichap brokers $8 million sale of Flat Iron District mixed-use building
January 16, 2024
Manhattan, NY Marcus & Millichap negotiated the sale of a five-story, mixed-use building for $8.15 million. “Through our team’s collaboration and after a thorough and widely exposed marketing campaign,
Marcus & Millichap facilitates $6 million sale of New York multifamily property
January 16, 2024
Manhattan, NY Marcus & Millichap brokered the sale of a multifamily apartment building at 35 Thayer St. in Washington Heights. The property sold for $6 million. “The buyer was in the market for a 1031 property