Leases
Brooklinen leaving Brooklyn for Hudson Square
Address: 225 Varick St., Manhattan
Landlord: Hudson Square Properties (a joint venture of Trinity Church NYC, Norges Bank Investment Management and Hines)
Tenant: Brooklinen
Lease size: 32,000 square feet
Lease length: 10 years
Asset type: Office
Brokers: JLL’s Joseph Sipala and Ian Lipman represented the tenant. CBRE’s Howard Fiddle, Neil King, Paul Amrich, Zachary Price and Benjamin Joseph represented the landlord.
Italian cashmere firm inks West 57th Street lease
Address: 40 W. 57th St., Manhattan
Landlord: LeFrak
Tenant: Loro Piana
Lease size: 25,000 square feet
Asset type: Office
Brokers: CBRE’s Paul Amrich, Neil King and Evan Fiddle represented the tenant. CBRE’s Howard Fiddle, Benjamin Joseph, Arkady Smolyansky and Evan Fiddle represented the landlord, along with Meredith Jackness, Ray Kawas and Tim Johnson in-house.
Sixth Avenue property fully leased after retail deal
Address: 620 Sixth Ave., Manhattan
Landlord: RXR and Hudson Bay Capital
Tenant: Ulta Beauty
Lease size: 11,503 square feet
Lease length: 10 years
Asking rent: $175 per square foot
Asset type: Retail
Brokers: Katz & Associates’ Brian Katz represented the tenant. Ripco Real Estate’s Richard Skulnik, Lindsay Zegans, Ben Sabin and Mary Schwagerl represented the landlord, along with Daniel Birney in-house.
Sales
Long Island firm acquires half-built East Village project
Address: 180 Second Ave., Manhattan
Seller: Robert Stern
Buyer: AMBA 180 Holdings, LLC
Sale price: $9.2 million
Asset type: Mixed-use
Ditmars-Steinway condo development trades
Address: 22-19 33rd St., Queens
Seller: Janos Kanta
Buyer: Jay Lau
Sale price: $7.1 million
Asset type: Multifamily
