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Leases
Tech manufacturing firm inks Industry City lease
Address: Industry City Building 19, Brooklyn
Landlord: Jamestown, Belvedere Capital and Angelo Gordon & Co.
Tenant: Adafruit Industries
Lease size: 41,531 square feet
Lease length: 10 years
Asset type: Office and industrial
Brokers: Norman Bobrow’s Steve Kaplan represented the tenant. Jeff Fein and Brad Blum represented the landlord in-house.
Private equity firm inks lease with Durst
Address: 825 Third Ave., Manhattan
Landlord: The Durst Organization
Tenant: Siris Capital
Lease size: 6,079 square feet
Asset type: Office
Brokers: Newmark’s David Emden and Robert Emden represented the tenant. Tom Bow, Ashlea Aaron and Bailey Caliban represented the landlord in-house.
Sales
Five-unit West Village rowhouses change hands
Address: 60 Bank St., Manhattan
Seller: Estates of Frederick Newman and Susan Massad
Buyer: 60 B Street LLC
Sale price: $11.5 million
Asset type: Multifamily
Shell company buys unsold units at Tu Kang Yang’s bankrupt Elmhurst condo
Address: 81-05 Queens Blvd., Queens
Seller: Alan Nisselson, trustee
Buyer: 81-05 Prop Owner LLC
Sale price: $15.3 million
Asset type: Multifamily
Financings
Downtown Brooklyn luxury project under construction refinances
Address: 101 Fleet Place, Brooklyn
Owner: The Jay Group
Lender: Affinius Capital
Loan amount: $160 million
Asset type: Multifamily
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Julianne Cuba, C. J. Hughes, Eddie Small , 2024-06-04 18:54:02
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