New-York News

Deals of the Day: April 8

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Leases

Crypto firm inks SoHo lease

Address: 38 Greene St., Manhattan
Landlord: Zar Property NY
Tenant: dYdX
Lease size: 21,400 square feet
Lease length: 10 years
Asset type: Office
Brokers: Newmark’s Brett Harvey represented the tenant. David Zar and Julian Zar represented the landlord in-house.

Sales

Longtime landlord unloads four downtown apartment buildings

Addresses: 236 W. 15th St., 253 W. 11th St., 82 Washington Place and 188 Sixth Ave., Manhattan
Seller: Page Management
Buyer: Derby Copeland Capital
Sale price: $60.1 million
Asset type: Multifamily
Brokers: Avison Young’s Nelson, David Shalom, Brandon Polakoff, Ryan McGuirl and Alexandra Marolda represented the seller and the buyer.

Four-building mixed-use project finds a taker in Boerum Hill

Address: 268 Bergen St., Brooklyn
Seller: Dillon Realty Interests
Buyer: Goose Property Management
Sale price: $40 million
Asset type: Development site
Brokers: A JLL team led by Michael Mazzara, Brendan Maddigan, Ethan Stanton and Winfield Clifford represented the seller and buyer.

Financings

Slate Property Group issues loan for Mott Haven residential project

Address: 120 E. 144th St., Bronx 
Owner: Beitel Group
Lender: Scale Lending 
Loan amount: $150 million 
Asset type: Residential

Owner refinances Midtown Monogram tower

Address: 135 E. 47th St., Manhattan
Owner: Lex 47th Property Owner LLC
Lender: Kriss Capital 
Loan amount: $120.6 million 
Asset type: Commercial

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Eddie Small, C. J. Hughes, Julianne Cuba , 2024-04-08 19:09:47

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