Leases
Midtown site inks long-term lease with financial firm
Address: 477 Madison Ave., Manhattan
Landlord: RFR Holding
Tenant: Treville Capital Group
Lease size: 18,412 square feet
Lease length: 10 years
Asset type: Mixed use
Brokers: CBRE’s Arkady Smolyansky and Alex D’Amario represented the landlord. JLL’s Peter Michailidis represented the tenant.
Sales
Jewish seminary in Borough Park changes hands
Address: 4622 14th Ave., Brooklyn
Seller: Beis Sefer Govoha Lebanos Sara Schenirer
Buyer: Bnos Chaya Draizy Foundation
Sale price: $7 million
Asset type: Religious
Home of Bell Boulevard Pharmacy in Bayside finds buyer
Address: 47-48 Bell Blvd., Queens
Sellers: Demetrios Tassopoulos and Leonides Papalas
Buyer: Majid Kahen
Sale price: $7.1 million
Asset type: Retail
Financings
Unfinished Penn District hotel gets building and project loans
Address: 255 W. 34th St., Manhattan
Owner: Maverick Real Estate Partners
Lender: Related Fund Management
Loan amount: $107.1 million
Asset type: Hospitality
