New-York News

Deals of the Day: March 6


Leases

Museum of Mathematics opening temporary NoMad location

Address: 225 Fifth Ave., Manhattan
Landlord: CIM Group
Tenant: The National Museum of Mathematics
Lease size: 27,158 square feet
Asset type: Retail
Brokers: Open Impact Real Estate’s Lindsay Ornstein, Stephen Powers, Jake Cinti and Julia Fish represented the tenant. Newmark’s Peter Whitenack represented the landlord.

Revel opening electric vehicle charging hub near LaGuardia Airport

Address: 90-10 Ditmars Blvd., Queens
Landlord: Barone Management
Tenant: Revel
Lease size: 26,520 square feet
Lease length: 15 years
Asset type: Industrial

Decorating firm takes office space by Penn Station

Address: 505 Eighth Ave., Manhattan
Landlord: GFP Real Estate
Tenant: JLM Decorating NS Inc.
Lease size: 3,050 square feet
Lease length: Six years
Asset type: Office
Brokers: GFP Real Estate’s Allen Gurevich represented the tenant and the landlord.

Sales

Site planned for 90-unit transitional housing project trades

Address: 133-04 39th Ave., Flushing
Seller: Queens Housing and Immigrant Center Corp.
Buyer: Magnolia Garden Housing Development Fund Corp.
Sale price: $19.3 million
Asset type: Development site

Financings

Inwood apartment complex scores mortgage

Address: 9-21 Sherman Ave., Manhattan
Owner: Lemle & Wolff
Lender: Bellwether Equity Real Estate Capital
Loan amount: $10.5 million
Asset type: Mixed-use



Eddie Small, C. J. Hughes, Julianne Cuba , 2024-03-06 18:25:35

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