Deals of the Day: March 3

Leases

Newmark renews, expands with SL Green

Address: 125 Park Ave., Manhattan
Landlord: SL Green
Tenant: Newmark
Lease size: 184,239 square feet
Lease length: 15 years
Asset type: Office
Brokers: Jason Perla, Brian Waterman, David Waterman and Matthew Schreiner represented the tenant in-house.

Read more about the deal here.

Health nonprofit inks Penn Plaza lease

Address: 5 Penn Plaza, Manhattan
Landlord: 5 Penn Plaza LLC, led by investor Stephen Haymes
Tenant: NY E-Health Collaborative
Lease size: 15,000 square feet
Asset type: Office
Brokers: A JLL team including Mitch Konsker, Christine Colley, Kristen Morgan, Greg Wang, Kate Roush and Dan Turkewitz represented the landlord. Colliers’ Joe Speck and Reid Longley represented the tenant.

Sales

Slate unloads development site in Gowanus

Address: 224 Third Ave., Brooklyn
Seller: Slate Property Group
Buyer: AZW Realty
Sale price: $16.5 million
Asset type: Industrial
Brokers: An Ariel Property Advisors team led by Sean Kelly, Stephen Vorvolakos and Nicole Daniggelis represented the seller.