Deals of the Day: May 22

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Leases

Asset manager takes space in Midtown

Address: 600 Lexington Ave., Manhattan
Landlord: Lex NY Equities LLC
Tenant: Professional Capital Management
Lease size: 8,318 square feet
Asset type: Office
Brokers: Vantage RE’s Danny Volk and Mikaela Seegers represented the tenant. Cushman & Wakefield’s Harry Blair, Connor Daugstrup and Bianca DiMauro represented the landlord.

Art museum signs lease for administrative offices

Address: 250 Bowery, Manhattan
Landlord: Delancey Street Associates
Tenant: The New Museum
Lease size: 5,850 square feet
Asset type: Office

Financings

Concrete magnate finances waterfront properties

Address: 685-747 Columbia St., Brooklyn; Hessler and Gouverneur Aves., and 73-02 Amstel Blvd., Queens 
Owner: John Quadrozzi
Lender: Columbia Industrial Capital 
Loan amount: $13.5 million 
Asset type: Industrial  

Skyscraper planned for FiDi gets massive loan

Address: 111 Washington St., Manhattan
Owner: Grubb Management 
Lender: Maxim Credit Group 
Loan amount: $89.9 million
Asset type: Multifamily

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Julianne Cuba, C. J. Hughes, Eddie Small , 2024-05-22 19:33:08

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