Manhattan, NY Manhattan Skyline Management Corp. has signed a lease agreement to bring Jua, a new Korean restaurant, to 36 East 22
nd St. in the Flatiron District. The long-term lease is for 1,700 s/f of ground floor space with
Manhattan, NY On behalf of Arden Group, Newmark Knight Frank has arranged a $44 million floating-rate loan for the acquisition of 4650 Broadway, a development site located in the Inwood neighborhood. Newmark Knight Frank vice chairmen and
Manhattan, NY According to Target, the retailer plans to open a new small-format store located on 42
nd St. between 7
th and 8
th Aves. in Times Sq. Projected to open by 2022, the Times Sq. store will be
Manhattan, NY ABS Partners Real Estate has arranged a new 10-year, 3,700 s/f retail lease with furniture designer Ferrell Mittman at 228 East 58
th St. The blended ground and second floor asking rent was
Manhattan, NY Hudson Yards completed a lease with Facebook for 1.522 million s/f of office space across 30 floors and three buildings. 30 Hudson Yards was developed by Related Cos. and Oxford
Manhattan, NY The Real Estate Board of New York’s (REBNY) has released its fall 2019
Manhattan Retail Report.The report found that average asking rents per s/f fell in many of the borough’s retail corridors in a continuation of a
Bronx, NY Knighthead Funding LLC has provided an investor group with a $19.1 million senior loan to refinance a portfolio of 156 unsold co-op apartments in Riverdale. The units, which were acquired by the
Brooklyn, NY Greystone closed a $50 million bridge loan made to an affiliate of Hudson Companies, Inc. to refinance House No. 94, a new seven-story, 75-unit “80/20” mixed-income multifamily rental building located at 94 North
Manhattan, NY SL Green Realty Corp. has signed two leases at 485 Lexington Ave. Crowe LLP, an accounting and technology consulting firm, signed a 10-year, 44,493 s/f lease for the 11
th floor. Tailwind Management, a business
Manhattan, NY Cole Schotz P.C. represented Cove Property Group in connection with a $724.2 million financing for Hudson Commons, Cove’s 25-story, 698,000 s/f office redevelopment at 441 Ninth Ave. in the Hudson Yards submarket.