New-York News

Deals of the Day: May 10

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Leases

Digital media firm heads downtown

Address: 107 Greenwich St., Manhattan
Landlord: Trinity Church Wall Street
Tenant: Puck
Lease size: 10,108 square feet
Asking rent: $79 per square foot
Asset type: Office
Brokers: A JLL team led by John Wheeler, Andrew Coe and Margaux Kelleher represented the landlord. An LSL Advisors team including Eric Siegel, Daniel Lolai and Raphael Zar represented the tenant.

Sales

Eis unloads 8-building rental portfolio in the East Village

Addresses: 58 Second Ave., 60-62 Second Ave. and 110 E. First St., Manhattan 
Seller: Leonard Eis
Buyer: Alfred Sabetfard
Sale price: $18 million
Asset type: Mixed use
Brokers: Avison Young’s Brandon Polakoff and Ryan McGuirl represented the seller.

Addresses: 105, 107 and 109 First Ave., Manhattan
Seller: Leonard Eis
Buyer: Lawrence Movtady
Sale price: $13.75 million
Asset type: Mixed use
Brokers: Avison Young’s Brandon Polakoff and Ryan McGuirl represented the seller.

Addresses: 425 and 543 E. Sixth St., Manhattan
Seller: Leonard Eis
Buyer: Son Dinh Tran
Sale price: $6.25 million
Asset type: Mixed use
Brokers: Avison Young’s Brandon Polakoff and Ryan McGuirl represented the seller.

Financings

New Knickerbocker Village owner obtains acquisition loan

Address: 10-20 Monroe St., Manhattan
Owner: L+M Fund Management
Lender: Wells Fargo
Loan amount: $90 million
Asset type: Multifamily

Read more about the deal here.

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Julianne Cuba, C. J. Hughes, Eddie Small , 2024-05-10 19:25:26

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