Leases
K-pop label to open East Coast headquarters
Address: 427 Broadway, Manhattan
Landlord: Chetrit Organization
Tenant: hello82
Lease size: 6,200 square feet
Asset type: Retail
Brokers: Newmark’s Howard Kesseler, Jason Pruger, Jason Stein and Alex Kesseler represented the landlord. Bernstein Real Estate’s David Berger represented the tenant.
Global insurance and investment firm inks Midtown lease
Address: 1177 Sixth Ave., Manhattan
Landlord: Silverstein Properties
Tenant: Starr Insurance
Lease size: 49,300 square feet
Asset type: Mixed use
Brokers: Silverstein Properties’ Harlan Strader represented the landlord in-house with Cushman & Wakefield’s Lou D’Avanzo, Anthony LoPresti, Peter Kerans and Caroline Collins. Cushman & Wakefield’s John Picco and Alex Lachmund represented the tenant.
Sales
NYCHA commissioner’s estate sells 18-unit Crown Heights building
Address: 1327 President St., Brooklyn
Seller: Myrtle Whitmore
Buyer: 1327 President Street LLC
Sale price: $8.5 million
Asset type: Multifamily
Financings
Historic Gramercy social club mortgages property
Address: 16 Gramercy Park S., Manhattan
Owner: The Players
Lenders: Goodman Capital and 99 Investments
Loan amount: $15.6 million
Asset type: Mixed use
