New-York News

Deals of the Day: May 7

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Leases

Construction firm opening project office at Industry City

Address: Industry City Building 2, Brooklyn
Landlord: Jamestown, Belvedere Capital and Angelo Gordon & Co.
Tenant: Skanska USA
Lease size: 15,300 square feet
Asset type: Office
Brokers: Jeff Fein and Matt Stewart represented the landlord in-house.

Communications firm takes space in Flatiron District

Address: 49 W. 23rd St., Manhattan
Landlord: 23 R.P. Associates
Tenant: Drury Design
Lease size: 5,594 square feet
Asking rent: Approx. $53 per square foot
Brokers: Kaufman Organization’s Mark Furst and Catherline Vilar represented the tenant. Adams & Co.’s Jeff Buslik, Alan Bonett and Brad Cohn represented the landlord.

Blockchain firm inks NoHo lease

Address: 740 Broadway, Manhattan
Landlord: Lafayette-Astor Associates
Tenant: Skip Protocol
Lease size: 3,886 square feet
Lease length: 3.5 years
Asset type: Office
Brokers: Lee & Associates’ Dennis Someck, Justin Myers, and Rachel Kirkham represented the tenant. Newmark’s Robert Silver, Anthony Sciacca, and Brittany Silver represented the landlord, along with GFP Real Estate’s Neith Stone.

Financings

Flushing condo development lands construction loan

Address: 138-28 Northern Blvd., Queens
Owner: Linzhong Zhuo
Lender: S3 Capital
Loan amount: $64 million
Asset type: Mixed-use condos

Industrial parcel redevelopment in Long Island City gets financing

Address: 45-40 Vernon Blvd, Queens
Owner: ZD Jasper Realty
Lender: Elite United
Loan amount: $25 million 
Asset type: Mixed-use  

Read more about the deal here.

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Julianne Cuba, C. J. Hughes, Eddie Small , 2024-05-07 17:46:38

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