Leases
Trading firm takes full floor in Midtown building
Address: 277 Park Ave., Manhattan
Landlord: The Stahl Organization
Tenant: Sumitomo Corp. of the Americas
Lease size: Approx. 50,000 square feet
Asset type: Office
Brokers: Savills’ Marc Shapses and Eva Shih represented the tenant. Cushman & Wakefield’s Mark Boisi, Bryan Boisi and Stephen Bellwood represented the landlord.
Podcast production firm inks Madison Avenue lease
Address: 183 Madison Ave., Manhattan
Landlord: APF Properties
Tenant: Audioboom
Lease size: 5,118 square feet
Lease length: Six years
Asset type: Office
Brokers: Joseph P. Day Realty’s Craig Berman and Matthew Lawrence represented the tenant. CBRE’s Sean Kearns represented the landlord.
Sales
Bakery and jewelry store building trades in Flushing
Address: 135-38 Roosevelt Ave., Queens
Seller: Wyl Associates LLC
Buyer: Ng Yang LLC
Sale price: $10.8 million
Asset type: Retail
Flatbush apartment site last owned by Daniel Reifer sells in bankruptcy sale
Address: 555 Ocean Ave., Brooklyn
Seller: Howard Magaliff, plan administrator
Buyer: Chestnut Holdings
Sale price: $10.4 million
Asset type: Multifamily
Financings
Developer scores construction loan for 247-unit Crown Heights project
Address: 1034-1042 Atlantic Ave., Brooklyn
Owner: EMP Capital Group
Lender: QuadReal Property Group
Loan amount: $109 million
Asset type: Multifamily
Brokers: Walker & Dunlop’s Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Jordan Casella and William Herring represented the owner.
Eddie Small, C. J. Hughes, Julianne Cuba , 2024-03-18 18:01:51
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