Manhattan, NY JLL’s Capital Markets group has secured the $395 million refinancing of 70 Pine St., a 66-story, mixed-use property with luxury multi-housing rental, retail and hotel space located in the Financial District. The property was built in 1932 originally for office use, and at the time
Manhattan, NY Cushman & Wakefield served as the exclusive advisor to Brause Realty Inc. and Lonicera Partners LLC in the procurement of $75 million in construction financing for 255 East 39
th St., a Class A mixed-use development located in Murray Hill
Brooklyn, NY JLL Capital Markets has closed on a $27 million loan to refinance 53 Broadway, a 74-unit multi-housing property in the Williamsburg neighborhood. JLL represented Broadway Brooklyn Acquisition, LLC, securing a five-year
Manhattan, NY According to GFP Real Estate, LLC, Incubeta US Corp. (Incubeta), an international marketing and advertising agency, has signed a five-year lease for 2,133 s/f on the eighth floor of 200 Varick St. in Hudson Sq.
Brooklyn, NY Marcus & Millichap completed the sale of two historic buildings. The assets sold for $13.8 million. "This sale is an example of the tremendous demand of vacant, free market redevelopment properties in North Brooklyn,” said Michael
Manhattan, NY JLL has completed a full floor lease at 71 Fifth Ave., the repositioned 11-story office building in Manhattan’s Union Square and Flatiron neighborhood owned by Madison Capital and Lubert Adler Partners
Manhattan, NY Ariel Property Advisors (Ariel) has negotiated the sale of a development site offering nearly 50,000 buildable s/f at 250 West 30
th St. in the Chelsea neighborhood. The property traded for $15.875 million. An Ariel team comprised of founding partner Victor Sozio; director Howard Raber
Manhattan, NY The Paul Taylor Dance Company and George Comfort & Sons finalized an agreement for the dance organization to relocate its headquarters to George Comfort & Sons’ 307 West 38
th St. tower in Midtown’s Times
Brooklyn, NY Cronheim Hotel Capital (CHC) has secured a permanent loan on behalf of The Lam Group to refinance the existing note on the 321-room Sheraton Brooklyn New York Hotel. The fixed-rate, non-recourse, loan was executed with Deutsche Bank.
Somers, NY Houlihan Lawrence Commercial negotiated two commercial sales in Westchester County totaling $4.725 million. In Somers, Houlihan Lawrence Commercial completed the sale of 12,723 s/f medical building
