Brooklyn, NY Ariel Property Advisors (Ariel) arranged the sale of a 411,892 s/f, eight-building, 387-unit affordable housing portfolio situated in the Prospect Park South neighborhood of the city for $79.85 million, or $193 per s/f. The eight properties in the Prospect Park South portfolio are located at 816 Ocean Ave., 682 Ocean Ave.
Queens, NY IPRG brokered the sale of 147-28/46 Jamaica Ave. and 147-23/27 Archer Ave. for $25.5 million. Building plans are approved with a footing in the ground for a 306,454 s/f retail and residential apartment building. A 359-unit residential project is planned for the site, which is linked to a 35-year 421-A tax incentive.
Manhattan, NY According to Cushman & Wakefield, Zoller Equity Partners LLC signed a seven-year, 8,841 s/f lease at 600 Lexington Ave. in Midtown’s Plaza District.
Manhattan, NY Tishman Speyer said that Chimera Investment Corp. has signed a 15-year lease for 22,000 s/f on the 32nd floor and portions of the 33rd and 34th floors of 1 Rockefeller Plaza. Chimera was previously in 15,000 s/f at Rockefeller Center’s 630 Fifth Ave.
Brooklyn, NY Avison Young arranged the $13.5 million sale of a four-lot development assemblage at 873–879 Grand St. in East Williamsburg, achieving $450 per buildable s/f.
Port Chester, NY Houlihan Lawrence Commercial, a division of Houlihan Lawrence, has leased 3,108 s/f to Apple Studios at 14–20 Willet Ave. The deal was brokered by Russ Detres of Houlihan
Manhattan, NY Rudin said that BrightTower will relocate its headquarters to 41 Madison Ave., Rudin’s office tower located on Madison Square Park, in Midtown
Manhattan, NY The Feil Organization signed a 42,000 s/f, 12-year expansion lease with MiQ Digital USA, an AI-powered advertising platform at 261 Fifth Ave. A
Cairo, NY The Oak & Avery Group negotiated the sale of Pine Tree Garden Apartments, a 56-unit multifamily complex located at 17 Gina Marie Ave. Anthony