Manhattan, NY BXP made public that Grammarly has signed a lease for 23,038 s/f at 360 Park Ave. South. Grammarly will occupy an entire floor of the fully redeveloped 450,000 s/f workplace, which features newly renovated and reimagined lobbies, a full suite of amenities, and pre-built
Manhattan, NY Vornado Realty Trust has entered into an agreement to purchase the 623 Fifth Ave. office condominium, a 36-story, 382,500 rentable s/f building situated above the flagship Saks Fifth Ave. department store, for $218 million. The building’s location provides for light,
Brighton, NY Endeavor Real Estate Group represented the buyer in the acquisition of 800 West Metro Park, a flex building. A local investment group paid $1.95 million for the 21,000 s/f building, built in 1999 on 3.96 acres. The asset was 100% leased and producing income at the time of
Brooklyn, NY Design Within Reach (DWR), the furniture and home décor retailer, has renewed its 39,440 s/f outlet store lease at Industry City in Sunset Park. The 10-year lease extension underscores the brand’s continued success on campus and the ongoing evolution
Manhattan, NY Michael Ferrara, managing principal and Cole Kinney Leonhardt, investment sales associate of Brax Realty negotiated the sale of 174-176 5th Ave. for $13.2 million.
Manhattan, NY Taconic Partners and National Real Estate Advisors have signed a lease with ALDI at The Ellery, a new luxury rental residential offering, designed by Handel Architects, that spans 32 stories in Midtown. The 25,000 s/f ALDI location will provide space
Manhattan, NY Cushman & Wakefield negotiated a 41,000 s/f lease at 300 Park Ave. South on behalf of the landlord, Rockrose Development. Flexible Finance Inc. (Flex) agreed to lease the top three floors of the 15-story building in Midtown South. The firm will relocate to the
Brooklyn, NY Avison Young brokered the sale of a 38,500 buildable s/f development site located at 1550 Bedford Ave. in Crown Heights for $10.1 million to Avery Hall Investments. Avison Young’s Brooklyn investment sales team facilitated the transaction through a 363-bankruptcy sale on
Bronx, NY Marcus & Millichap brokered the sale of 1776 Castle Hill Ave., an 83-unit elevator building in the Westchester Square submarket. The asset sold for $7.5 million.
Manhattan, NY Global Holdings, led by chairman and founder Eyal Ofer, closed two new retail leases at the base of its premium class A office tower, 875 Third Ave. Utopia Bagels signed a 15-year lease for 3,512 s/f across the ground floor and lower concourse. Juice bar Essex Squeeze also signed a lease
Manhattan, NY John Thompson, director/leasing, and Justin Gentile, director/leasing of Resolution Real Estate, a member of NAI Global, have leased a 5,200 s/f office, spanning the entire 13th floor at 18 East 41st St., to Trident Media Group. The internationally
Queens, NY TF Cornerstone (TFC) inked a 1,500 s/f retail lease with The Greats of Craft, a local all-day café and curated bar concept, at 47-20 Center Blvd. in Long Island City. To celebrate its grand opening, The Greats of Craft hosted a community