Leases
California-based lifestyle brand signs new lease in Midtown
Address: 209 W. 38th St., Manhattan
Landlord: GFP Real Estate
Tenant: Rylee + Cru
Lease size: 1,900 square feet
Asset type: Office
Broker: GFP Real Estate’s Matthew Mandell represented both the landlord and the tenant.
Knitting company extends lease on showroom and office space
Address: 209 W. 38th St., Manhattan
Landlord: GFP Real Estate
Tenant: Seventh Avenue Knits Corp.
Lease size: 1,800 square feet
Asset type: Office
Broker: GFP Real Estate’s Matthew Mandell represented both the landlord and the tenant.
Sales
Japanese-art-focused Upper East Side gallery relocates from East 63rd Street
Address: 8 E. 67th St., Manhattan
Seller: Andrea Brown
Buyers: Erik and Cornelia Thomsen
Sale price: $9.6 million
Asset type: Retail
Financings
Times Square Hotel secures project loan
Address: 2 Times Square, Manhattan
Owner: Apollo Global Management
Lender: Blackstone
Loan amount: $5.7 million
Asset type: Hotel
Crown Heights development the Eve completes refi
Address: 827 Sterling Place, Brooklyn
Owner: Haussmann Development
Lender: ACRES Capital
Loan amount: $40.8 million
Asset type: Multifamily
News update
The Charles Scribner’s Sons’ Building at 597 Fifth Ave. was auctioned off Wednesday in a court-ordered foreclosure sale with a minimum price of $150.2 million. The property went back to the lender after no other bidders stepped forward.
