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Leases
IT company expands on Fifth Avenue
Address: 500 Fifth Ave., Manhattan
Landlord: Moises Cosio
Tenant: Ahead
Lease size: 16,486 square feet
Asking rent: $95 per square foot
Asset type: Office
Brokers: CBRE’s Michael Poch and Harly Stevens represented the tenant. Cushman & Wakefield’s Harry Blair, Lauren Hale and Michelle Mean represented the landlord.
Sales
Riverdale motel turned migrant shelter unloaded for new grade school
Address: 6393 Broadway, Bronx
Seller: Loewy family
Buyer: New York City School Construction Authority
Sale price: $9.2 million
Asset type: Development site
Carlyle Group acquires self-storage site in Greenwood Heights
Address: 145 18th St., Brooklyn
Seller: Equity Resource Investments
Buyer: The Carlyle Group
Sale price: $25.6 million
Asset type: Industrial
Financings
Old Century 21 in Bay Ridge gets financing for new ‘urban retail landscape’
Address: 8613 Fifth Ave., Brooklyn
Owner: Isaac Gindi
Lender: Oceanview Life and Annuity Co.
Loan amount: $14.2 million
Asset type: Retail
Asian supermarket, apartment complex in Astoria secures loan
Address: 37-42 30th St., Queens
Owner: Zehao Fang and Simon Hung
Lender: Ponce Bank
Loan amount: $10 million
Asset type: Mixed-use
Williamsburg and Greenpoint mixed-use residential and retail properties recapitalize
Address: 591, 592, 593, 595, 574 and 602 Manhattan Ave., 872 Lorimer St.,152 Norman Ave. and 126 Bedford Ave, Brooklyn
Owner: The Mann Group and True North Management
Lender: Citigroup
Loan amount: $27.7 million
Asset type: Mixed-use
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Julianne Cuba, C. J. Hughes, Eddie Small , 2024-04-24 18:23:11
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