Front Section

VITAL leases 45,000 s/f at Essex Crossing

Manhattan, NY Delancey Street Associates, a joint venture of Taconic Partners, L+M Development Partners, BFC Partners, the Prusik Group, and the Urban Investment Group within Goldman Sachs Asset Management, executed a 45,000 s/f lease with VITAL,

Cushman & Wakefield arranges 6,700 s/f lease for Saatva

New York, NY Cushman & Wakefield arranged a 6,700 s/f lease for Saatva at 893 Broadway. The tenant, an e-commerce company that specializes in mattresses, will occupy the ground, mezzanine and lower level of the property. The Flatiron location will be

Why New York City could start to see more industrial sale-leaseback transactions - by Jakub Nowak

In recent years, sale-leaseback transactions have gained popularity across the United States.  On the other hand, New York City has seen few such deals over the last decade relative to other markets. Given the current lending environment however, this trend is likely to change

GFP Real Estate inks six leases at 515 Madison Ave.

Manhattan, NY GFP Real Estate, LLC negotiated six lease transactions totaling 28,804 s/f at 515 Madison Ave. in the Plaza District. • Zadig & Voltaire, a Paris-based fashion house, signed a 10-year lease for 12,000 s/f on the ground,

Metropolitan Realty Associates completes 128,600 s/f lease extension with Duro Dyne National

Bay Shore, NY Joseph Farkas, CEO and founder of Metropolitan Realty Associates LLC (MRA), said that Duro Dyne National Corp. extended its lease at 81 Spence St., leasing the entire facility for an additional 12-year term. The lease pushes Duro Dyne’s occupancy at the 128,600 s/f single-tenant

Le Botaniste to open at 11 West 42nd St.

Manhattan, NY Tishman Speyer said that Le Botaniste, an international restaurant serving plant-based cuisine, will open this spring at 11 West 42nd S. located at Bryant Park. Le Botaniste serves organic, vegan, plant-powered meals. The new location will offer

Klein named director of Houlihan Lawrence’s commercial division

Rye Brook, NY Houlihan Lawrence has appointed Garry Klein as director of the company’s commercial division. Klein previously served as regional manager and associate broker responsible for recruiting, training and managing the Westchester division of the company. He represented owners,

JLL Capital Markets brokers sale of three-building package for $20 million

Manhattan, NY JLL Capital Markets brokered the $20 million sale of a three-building, mixed-use, multi-housing and retail portfolio at the 42nd St. corridor. 321-325 West 42nd St. is a collection of three contiguous properties with a combined 75 ft.

JLL leases 35,918 s/f at Tower 45

Manhattan, NY JLL has leased 35,918 s/f of office space in a series of transactions at Tower 45, the 458,446 s/f class-A tower located at 120 West 45th St., on behalf of owner Kamber Management Co.

CBRE and Savills lease 6,514 s/f to Peachy at 1245 Broadway

Manhattan, NY Corem of Sweden, and GDS Development Management (GDSNY) signed a five-year lease at 1245 Broadway with Peachy, the NYC-based personalized Botox studio focused on wrinkle treatment and prevention, founded by Dr. Carolyn Treasure and Eric Zhang. Peachy