Manhattan, NY Cresa principal Michael Goldman has arranged a 15-year lease extension for China Merchants Bank (CMB) New York branch at Park Tower Group’s 535 Madison Ave. The bank will occupy 43,060 s/f of full-floor office space on the 17
th, 18
th, and 23
rd floors
Bronx, NY OPEN Impact Real Estate (OPEN) has assisted two nonprofits— Lift and Chances for Children —secure new long-term leases at 412-424 East 147
th St. In the first transaction, LIFT, Inc., a nationwide nonprofit whose mission
Manhattan, NY Lee & Associates NYC represented Pearl World Inc. in a 12-year, 8,800 s/f lease at the iconic Carnegie Hall Tower at 152 West 57
th St. in the Plaza District. The cosmetics company will lease the entire 48
th floor and
Manhattan, NY A&E Real Estate has formed A&E Real Estate Finance (AEREF), a debt financing platform led by Joseph Fingerman, an industry veteran with more than two decades of experience across the sector.
Manhattan, NY According to Marx Realty, UpSlide has signed a 10-year, 9,536 s/f lease on the sixth floor at 10 Grand Central. “We welcome UpSlide to 10 Grand Central’s unique and exceptional tenant roster,” said Craig Deitelzweig, president and CEO
Manhattan, NY TSCG made known that YETI signing a retail lease at 200 Fifth Ave. Spanning 6,614 s/f, the store is divided between 3,770 s/f on the ground floor and an additional 2,844 s/f on the lower level. The store will open in late spring, early summer.
Staten Island, NY Hobby Lobby opened its first NYC store (42,000 s/f). It’s located at 280 Marsh Ave. Katz & Associates’ Brian Katz and Daniel DePasquale represented Hobby Lobby along with master broker Graeme Keith of The Keith Group.
Queens, NY Brisa Builders broke ground on 82 units of affordable senior housing at 13-38 Central Ave. in Far Rockaway. The project, titled Grace’s Place, is a senior housing development for affordable housing in Edgemere. The project has the support of community
Manhattan, NY ProSentry, a New York-based technology service provider, has closed a $2.55 million seed funding round led by members of New York Angels, Inc., with participation from members of HBS Alumni Angels of Greater NY and other investors. The company’s approach to
Queens, NY Investment Property Realty Group (IPRG) negotiated the closing of 51-09 2
nd St. in Hunter’s Point for $3.6 million. This property is located on the corner of 51
st Ave. and 2
nd St. The property offers 12,000 buildable s/f and