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Leases
Leather goods company inks showroom lease near Empire State Building
Address: 366 Fifth Ave., Manhattan
Landlord: Joseph P. Day Realty
Tenant: Mundi Westport Group
Lease size: 10,800 square feet
Lease length: 12 years
Asking rent: $58 per square foot
Asset type: Retail
Brokers: Newmark’s Brian Waterman, Lance Korman and David Waterman represented the tenant. Colliers’ Michael Joseph, Aidan Campbell and Jordy Elardo represented the landlord.
Sales
Controversial multilot Spice Factory site in Crown Heights changes hands
Address: 124 Montgomery St., Brooklyn
Seller: Daryl Hagler
Buyer: Yitzchok Schwartz
Sale price: $64 million
Asset type: Development site
Read more about the deal here.
Financings
Unique Developers secures financing for Williamsburg and Borough Park sites
Address: 291 Kent Ave. and 1055-1065 63rd St., Brooklyn
Owner: Yidel and Mayer Hirsch
Lender: Levon NY MXXIV LLC
Loan amount: $16.5 million
Asset types: Retail and office
Planned 131-unit Mount Eden tower scores construction financing
Address: 1351 Jerome Ave., Bronx
Owner: Sam Rubin
Lender: Popular Bank
Loan amount: $45 million
Asset type: Multifamily
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Julianne Cuba, C. J. Hughes, Eddie Small , 2024-05-03 18:40:12
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