Deals of the Day: May 29

Leases

Hines expanding in Hudson Square

Address: 555 Greenwich St., Manhattan
Landlord: Hines, Trinity Church Wall Street and Norges Bank Investment Management
Tenant: Hines
Lease size: 15,000 square feet
Lease length: 12 years
Asset type: Office
Brokers: CBRE’s Paul Amrich, Howard Fiddle, Neil King, Zac Price and Ben Joseph represented the tenant and the landlord.

Sales

Prewar midrise near Canal Street changes hands

Address: 78 Walker St., Manhattan
Seller: Dorothy Lu
Buyer: Yacov Smouha
Sale price: $16 million
Asset type: Mixed use

Residential developer snaps up Sunset Park banquet hall

Address: 6201 Sixth Ave., Brooklyn
Seller: Frank Wong
Buyer: Chris Xu
Sale price: $21.4 million
Asset type: Retail

Read more about the deal here.

Financings

Urban Resource Institute lands loan for Flatbush rental building 

Address: 1317 New York Ave., Brooklyn 
Owner: Nathaniel Fields
Lender: TD Bank
Loan amount: $15.2 million 
Asset type: Multifamily

Julianne Cuba, C. J. Hughes, Eddie Small , 2024-05-29 19:11:44

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