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New-York News

Deals of the Day: June 17


Leases

Investment firm subleases space at SL Green building

Address: 450 Park Ave., Manhattan
Landlord: SL Green
Subtenant: Dubin & Co.
Lease size: 10,777 square feet
Asset type: Office
Brokers: CBRE’s Ben Friedland and Taylor Scheinman represented the subtenant.

Sales

Flushing-based developer buys Manhattan office building out of bankruptcy

Address: 89 Madison Ave., Manhattan
Seller: The Sklar family
Buyer: Sunlight Development
Sale price: $65 million
Asset type: Office

Gourmet Home Products scoops up Madison Avenue office building

Address: 148 Madison Ave., Manhattan 
Seller: Steven Klein 
Buyer: Jack Saadeh
Sale price: Approx. $31.3 millon 
Asset type: Office

Financings

Florida firm finances acquisition of Upper East Side luxury retail space

Address: 680 Madison Ave., Manhattan 
Owner: TZ Capital 
Lender: Goldman Sachs 
Loan amount: $120 million
Asset type: Retail
Brokers: A JLL team led by Christopher Peck and Aaron Niedermayer represented the owner.



Eddie Small, C. J. Hughes, Julianne Cuba , 2024-06-17 19:12:56

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