New-York News

Deals of the Day: May 13

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Leases

Bain takes more than 200K square feet in Midtown

Address: 22 Vanderbilt Ave., Manhattan
Landlord: Milstein Properties
Tenant: Bain & Co.
Lease size: Approx. 235,200 square feet
Asset type: Office
Brokers: CBRE’s John Maher, Chris Corrinet, and Paul Myers represented the tenant. CBRE’s Paul Amrich, Neil King, Jeffrey Fischer, Sacha Zarba and Meghan Allen represented the landlord, along with Brookfield Properties’ Duncan McCuaig, David Caperna and PJ Massey.

Read more about the deal here.

Education firm inks lease with Rudin

Address: 355 Lexington Ave., Manhattan
Landlord: Rudin
Tenant: Lindamood-Bell
Lease size: 5,521 square feet
Lease length: Seven years and four months
Asset type: Education
Brokers: CBRE’s Lauren Schott and Gary Kamenetsky represented the tenant. Robert Steinman represented the landlord in-house.

Financings

EMP Capital secures loan for mixed-used development

Address: 870-888 Atlantic Ave., Brooklyn 
Owner: Elie Pariente 
Lender: QR Real Estate Capital 
Loan amount: $102.4 million 
Asset type: Commercial

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Eddie Small, C. J. Hughes, Julianne Cuba , 2024-05-13 18:34:44

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