Leases
Industrious opening new location with Rudin
Address: 560 Lexington Ave., Manhattan
Landlord: Rudin
Tenant: Industrious
Lease size: 20,000 square feet
Asset type: Office
Brokers: Kevin Daly represented the landlord in-house. Cushman & Wakefield’s Justin Halpern, Ed Wartels and Ben Bouganim represented the tenant.
Pharmaceutical firm renews at Bryant Park building
Address: 10 Bryant Park, Manhattan
Landlord: Property & Building Corp.
Tenant: Novartis
Lease size: 15,865 square feet
Lease length: Five years
Asset type: Office
Brokers: JLL represented the landlord. CBRE’s David Stockel represented the tenant.
Sales
Dentist acquires Jackson Heights 15-unit rental building
Address: 37-02 82nd St., Queens
Seller: Leonard Zangas
Buyer: Fereydoun Kahlili
Sale price: $11.4 million
Asset type: Mixed use
Financings
Victor Sigoura’s firm secures financing for Gramercy-area development projects
Addresses: 252, 254, 256 and 258 Third Ave.; 38 Gramercy Park North; and 37 Gramercy Park East, Manhattan
Owner: Legion Investment Group
Lender: MSD Partners
Loan amount: $34.8 million
Asset type: Mixed use
