New-York News

Deals of the Day: May 17

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Leases

Physical therapy practice signs lease for Midtown tower

Address: 515 Madison Ave., Manhattan
Landlord: GFP Real Estate
Tenant: Touch of Life Physical Therapy
Lease size: 3,500 square feet
Lease length: 10 years
Asset type: Office 
Brokers: Martin McGrath represented the landlord in-house along with Newmark’s William Grover. CBRE’s Paul Walker represented the tenant.

Internist and TV commentator takes office space in Plaza District

Address: 515 Madison Ave., Manhattan
Landlord: GFP Real Estate
Tenant: Dr. Michael Aziz
Lease size: 2,000 square feet 
Lease length: 10 years
Asset type: Office
Brokers: Martin McGrath represented the landlord in-house along with Newmark’s William Grover. Douglas Elliman’s Corey Shuster represented the tenant.

Sales

Closed food court site in Elmhurst finds a taker 

Address: 45-01 82nd St., Queens
Seller: James Kwang Lee 
Buyer: Xiao Chu Zhou 
Sale price: $14 million 
Asset type: Retail

Cast-iron rental building in Tribeca changes hands

Address: 41 White St., Manhattan
Seller: Benchmark Real Estate Group
Buyer: Onur Tatar
Sale price: $14 million
Asset type: Mixed use

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Julianne Cuba, C. J. Hughes, Eddie Small , 2024-05-17 17:05:35

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