Leases
Children’s apparel firm inks Garment District lease
Address: 148 W. 37th St., Manhattan
Landlord: Lefcourt Associates
Tenant: E-Play Brands
Lease size: 7,200 square feet
Lease length: Six years
Asking rent: $35 per square foot
Asset type: Office
Brokers: Adams & Co.’s Jeff Buslik represented the landlord. Adams & Co.’s Ben Levy and Brad Cohn represented the tenant.
Sales
Warehouse-turned-arts complex in Chelsea finds a taker
Address: 217 W. 21st St., Manhattan
Seller: Tannenbaum family
Buyer: Star Cinema Building LLC
Sale price: $23.8 million
Asset type: Office
Home of Yorkville’s 109-year-old Orwashers Bakery changes hands
Address: 308 E. 78th St., Manhattan
Seller: Abram Orwasher
Buyer: Peak Capital Advisors
Sale price: $14.6 million
Asset type: Mixed-use
Financings
Chelsea apartment building obtains new mortgage
Address: 246 W. 18th St., Manhattan
Owner: Reuben Pinner
Lender: SME Capital Ventures
Loan amount: $11.2 million
Asset type: Multifamily