Leases
IBM adds 93,000 square feet to Midtown South lease
Address: 1 Madison Ave., Manhattan
Landlord: SL Green Realty Corp.
Tenant: IBM
Lease size: 362,092 square feet
Lease length: 15 years
Asset type: Office
Brokers: JLL’s Paul Glickman, Alex Chudnoff, Ben Bass and Diana Biasotti represented the landlord. JLL’s Patrick Murphy and Winston Schromm represented the tenant.
Sales
Housing developer buys closed Montefiore clinic in Fordham Heights
Address: 2532 Grand Concourse, Bronx
Seller: Matthew Bloomfield
Buyer: Maddd Equities
Sale price: $7.7 million
Asset type: Medical
Financings
Yorkville’s Strathmore luxury rental tower refinances
Address: 400 E. 84th St., Manhattan
Owner: The Related Cos.
Lender: TYKO Capital
Loan amount: $40 million
Asset type: Multifamily