Category: Brokerage

Marks, Lebor and Allen of TerraCRG sell 11,822 s/f industrial site in Brooklyn for $5.75 million

Marks, Lebor and Allen of TerraCRG sell 11,822 s/f industrial site in Brooklyn for $5.75 million

December 17, 2019
Brooklyn, NY TerraCRG has completed the sale of an industrial building at 250 Green St. in the Greenpoint neighborhood. Dan Marks, Daniel Lebor and Garrett Allen have closed the deal at $5.75 million.
Manhattan Skyline Management brings Korean restaurant to Flatiron District; Chong of R&E Realty reps tenant, Jua

Manhattan Skyline Management brings Korean restaurant to Flatiron District; Chong of R&E Realty reps...

December 17, 2019
Manhattan, NY Manhattan Skyline Management Corp. has signed a lease agreement to bring Jua, a new Korean restaurant, to 36 East 22nd St. in the Flatiron District. The long-term lease is for 1,700 s/f of ground floor space with
Newmark Knight Frank negotiates $44 million acquisition loan for Arden Group

Newmark Knight Frank negotiates $44 million acquisition loan for Arden Group

December 17, 2019
Manhattan, NY On behalf of Arden Group, Newmark Knight Frank has arranged a $44 million floating-rate loan for the acquisition of 4650 Broadway, a development site located in the Inwood neighborhood. Newmark Knight Frank vice chairmen and
Target signs 33,000 s/f lease with Tishman in Times Sq.

Target signs 33,000 s/f lease with Tishman in Times Sq.

December 17, 2019
Manhattan, NY According to Target, the retailer plans to open a new small-format store located on 42nd St. between 7th and 8th Aves. in Times Sq. Projected to open by 2022, the Times Sq. store will be
ABS Partners Real Estate and Collier’s Int’l. collaborate for 3,700 s/f lease to Ferrell Mittman

ABS Partners Real Estate and Collier’s Int’l. collaborate for 3,700 s/f lease to Ferrell Mittman...

December 17, 2019
Manhattan, NY ABS Partners Real Estate has arranged a new 10-year, 3,700 s/f retail lease with furniture designer Ferrell Mittman at 228 East 58th St. The blended ground and second floor asking rent was
Related Cos., Cushman & Wakefield bring Facebook to Hudson Yards: 1.522 million s/f

Related Cos., Cushman & Wakefield bring Facebook to Hudson Yards: 1.522 million s/f

December 17, 2019
Manhattan, NY Hudson Yards  completed a lease with Facebook for 1.522 million s/f of office space across 30 floors and three buildings. 30 Hudson Yards was developed by Related Cos. and Oxford
REBNY releases 2019 Manhattan Retail Report

REBNY releases 2019 Manhattan Retail Report

December 17, 2019
Manhattan, NY The Real Estate Board of New York’s (REBNY) has released its fall 2019 Manhattan Retail Report.The report found that average asking rents per s/f fell in many of the borough’s retail corridors in a continuation of a
Knighthead Funding places $19.1 million loan

Knighthead Funding places $19.1 million loan

December 17, 2019
Bronx, NY Knighthead Funding LLC has provided an investor group with a $19.1 million senior loan to refinance a portfolio of 156 unsold co-op apartments in Riverdale. The units, which were acquired by the
Greystone closes $50 million bridge loan to refinance 75-unit House No. 94

Greystone closes $50 million bridge loan to refinance 75-unit House No. 94

December 17, 2019
Brooklyn, NY Greystone closed a $50 million bridge loan made to an affiliate of Hudson Companies, Inc. to refinance House No. 94, a new seven-story, 75-unit “80/20” mixed-income multifamily rental building located at 94 North
SL Green signs two leases totaling 58,699 s/f

SL Green signs two leases totaling 58,699 s/f

December 17, 2019
Manhattan, NY SL Green Realty Corp. has signed two leases at 485 Lexington Ave. Crowe LLP, an accounting and technology consulting firm, signed a 10-year, 44,493 s/f lease for the 11th floor. Tailwind Management, a business
Cole Schotz P.C. reps Cove Property Group in $724.2 million financing for Hudson Commons redevelopment

Cole Schotz P.C. reps Cove Property Group in $724.2 million financing for Hudson Commons redevelopme...

December 17, 2019
Manhattan, NY Cole Schotz P.C. represented Cove Property Group in connection with a $724.2 million financing for Hudson Commons, Cove’s 25-story, 698,000 s/f office redevelopment at 441 Ninth Ave. in the Hudson Yards submarket.
Federal Realty Investment Trust acquires Georgetowne Shopping Center for $83.7 million

Federal Realty Investment Trust acquires Georgetowne Shopping Center for $83.7 million

December 17, 2019
Brooklyn, NY Federal Realty Investment Trust has acquired Georgetowne Shopping Center, a 147,000 s/f grocery-anchored neighborhood shopping center with surface parking on nine acres. The property is located in the borough’s Georgetown neighborhood.