July 19 - August 1, 2016

Digital Edition

New York City

Queens, NY According to Avison Young, its investment sales team in New York City has been tapped as exclusive sales agent for a three-building commercial warehouse portfolio in Woodside. The buildings are located at 57-09 37th Ave., 57-11 37th Ave. and 57-12 37th Ave. The combined area for the three warehouses totals 25,250 s/f. The trio of…Read More

Manhattan, NY Bohemia Realty Group’s exclusive Park Hill marketing team held an Open House at the prewar rental complex on Central Park West in Manhattan Valley. The original offering of 45 rarely available renovated studios, one, two and three-bedroom apartments at 471-476 Central Park West, between 107th and 108th Sts., is more than three-quarters leased. Now, with…Read More

Manhattan, NY Herald Square Properties (HSP) and Marciano Investment Group (MIG) have teamed up to purchase 251 West 30th St., a 16-story, 114,000 s/f mid-block prewar loft office building in the Chelsea North submarket. The property is two blocks from the entrance to the High Line and the new Hudson Yards Development, as well as the New York City…Read More

Manhattan, NY Meridian Capital Group arranged $3 million in permanent financing for the refinance of a mixed-use property located on in the Chelsea neighborhood. The 10-year loan, provided by a national balance sheet lender, features a competitive fixed rate of 3.80% and a 30-year amortization schedule. This transaction was negotiated by Meridian associate, David Oheb. The…Read More

New York, NY Avison Young’s (AY) New York City-based capital markets group has arranged the $32.15 million sale of 19 West 20th St., a seven-story, 52,000 s/f parking garage located in Manhattan’s Flatiron District. The property is under a long-term lease to Icon Parking. The AY team of principals Vincent Carrega, Jon Epstein, Neil Helman and Charles Kingsley represented the seller, Extell Development….Read More

Manhattan, NY Savills Studley has arranged a 47,394 s/f lease for the Cardiovascular Research Foundation (CRF) at 1700 Broadway, a prime location situated along one of Midtown’s most heavily-trafficked corridors. With the new lease, the non-profit organization will occupy the 8th through 9th floors of the 699,000 s/f building located between West 53rd and 54th Sts. Scott Weiss, corporate managing…Read More

Manhattan, NY Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the U.S. and Canada, has arranged the sale of 102-104 Convent Ave., a 34-unit walk-up apartment building. The $11 million sales price equates to more than $323,000 per unit. “The property has significant upside to be gained from its…Read More

New York, NY Thor Equities, a global leader in urban real estate development, leasing and management, has closed on its acquisition of 135 East 125th St. and 126 East 126th St. in Harlem, according to company executives. “135 East 125th St. and 126 East 126th St. are premier buildings located in the heart of Harlem,…Read More

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