Deals of the Day: April 15

Leases

‘In The Heights’ producer signs lease in Film Center Building

Address: 630 Ninth Ave., Manhattan 
Landlord: GFP Real Estate
Tenant: Aged in Wood Productions
Lease size: 2,429 square feet
Lease length: Five years 
Asset type: Office
Brokers: CBRE’s Jacob Rosenthal represented the tenant. Matthew Mandell represented the landlord in-house.

Global network for performing artists expands in Hell’s Kitchen

Address: 630 Ninth Ave., Manhattan
Landlord: GFP Real Estate
Tenant: International Society for the Performing Arts 
Lease size: 1,200 square feet 
Lease length: Five years 
Asset type: Office 
Brokers: Norman Bobrow & Co., Inc.’s Jacob Wolkenfeld represented the tenant. Matthew Mandell represented the landlord in-house.

Sales

Developer unloads former Mercantile Library site in Midtown

Address: 17 E. 47th St., Manhattan
Seller: Macklowe Properties
Buyer: 17 E47 Acquisition LLC
Sale price: $7.9 million
Asset type: Office

Financings

Former dorm turned migrant shelter scores mortgage

Address: 435 W. 238th St., Bronx
Owner: Stagg Group
Lender: Berkadia Commercial Mortgage
Loan amount: $10.4 million
Asset type: Multifamily