New York City

Stacom, Shanahan and Spector of CBRE complete $130.5 million sale

Manhattan, NY CBRE has completed the sale of Zero Bond St., also known as 670-674 Broadway, a five-story, mixed-use NoHo property. A private European investor purchased the 70,000 s/f building, which sits on the corner of Broadway and Bond St., for $130.5 million. 

Camhi and Silverman of RFR arrange two leases totaling 83,348 s/f; JLL’s Chudnoff, konsker, Turkewitz and Biasotti assisted

Manhattan, NY According to RFR Realty LLC, London-based AlphaSights, Inc. has renewed and extended its lease by an additional 17,690 s/f for a total of 63,832 s/f at 350 Madison Ave., a 25-story, 400,000 s/f office tower in Midtown’s Grand Central district at the corner of Madison Ave. and 45th St. Additionally, Burford Capital LLC, a leading global finance firm focused on law, signed a new 10-year, 19,516 s/f lease at the office tower. The leases total 83,348 s/f. 

Savanna and Hornig lease 40,841 s/f space to Great Performances

Bronx, NY According to Savanna and Hornig Capital Partners, owners of the Bruckner Building at 2417 Third Ave. in the Mott Haven neighborhood, catering company Great Performances has secured a 40,841 s/f, 20-year lease in the newly renovated property. Great Performances is moving to the Bruckner Building from their current location at 304 Hudson St. in Hudson Sq., and will occupy the first and third floors after moving into the space this summer.

Roseman and Cohen of NKF lease 36,500 s/f to Knotel

Manhattan, NY According to Newmark Knight Frank (NKF), co-working concept Knotel has leased the entire second floor at 36 West 14th St., owned by The New School. The company will occupy 36,500 s/f with a dedicated street entrance from West 14th St. between Fifth and Sixth Aves.

Packman and Briffel of Fisher Bros. and C&W team lease 14,698 s/f; Tenant represented by Geoghegan and Stimpfle of CBRE

Manhattan, NY According to Fisher Brothers, Wellspring Capital Management has signed a new 15-year, 14,698 s/f lease to occupy the entire penthouse floor at 605 Third Ave., its  1.1 million s/f office tower in Midtown.

Lieberman of HSP Real Estate arranges 1,000 s/f lease to Usspeedtek Inc.

Manhattan, NY Evan Lieberman, senior director, HSP Real Estate Group, a member of NAI Global, has arranged a lease for Usspeedtek Inc., an international footwear wholesaler, at 214 West 39th St., between Seventh and Eighth Aves. The 1,000 s/f space represents the first New York office/showroom for the company, which services such fashion-forward sneaker brands as Lotto Leggenda and Seok.

Leslie and Rhea join ABS Altman Warwick as director/senior managing director

New York, NY According to ABS Altman Warwick, a New York City-based capital markets advisory firm and division of ABS Partners Real Estate, ...

Nieves joins Holliday Fenoglio Fowler as a director

New York, NY Holliday Fenoglio Fowler, L.P. (HFF) has hired Mike Nieves as a director focused on M&A and corporate advisory services in the firm’s NY office.

Ciraulo and Waggner of Cushman & Wakefield sell 4,620 s/f retail condo - $26.5 million

Manhattan, NY Cushman & Wakefield has arranged the $26.5 million sale of 212 Fifth Ave., a 4,620 s/f retail condominium.

REBNY Index: Real estate broker confidence rises in 4Q18; Increase in overall broker confidence follows three consecutive quarters of decline

New York, NY The Real Estate Board of New York’s (REBNY) Real Estate Broker Confidence Index for fourth quarter of 2018 was 5.86 out of 10, an increase of 1.11 since brokers were surveyed about the third quarter of 2018.