New-York News

Deals of the Day: May 23

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Leases

Investment banking advisory firm renews Midtown lease

Address: 600 Lexington Ave., Manhattan
Landlord: Lex NY Equities LLC 
Tenant: GLC Advisors
Lease size: 12,487 square feet
Asset type: Office
Brokers: JLL’s Daniel Posy and Jason Roberts represented the tenant. Cushman & Wakefield’s Harry Blair, Connor Daugstrup and Bianca DiMauro represented the landlord.

Sales

Stop & Shop-anchored Maspeth shopping center changes hands after a decade

Address: 74-17 Grand Ave., Queens
Seller: Acadia Realty Trust
Buyer: Shops at Grand Owner LLC 
Sale price: $48.3 million
Asset type: Retail

Asset manager acquires adjacent 5-story rental buildings on Upper West Side

Addresses: 472 and 474 Columbus Ave., Manhattan
Seller: Bruce Haley
Buyer: Josef Chehebar
Sale price: $14.5 million
Asset type: Mixed use

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Julianne Cuba, C. J. Hughes, Eddie Small , 2024-05-23 19:22:10

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