Leases
Tech company takes space with Rudin
Address: 41 Madison Ave., Manhattan
Landlord: Rudin Management Co.
Tenant: SharkNinja
Lease size: 14,296 square feet
Lease length: 10 years
Asset type: Office
Brokers: Robert Steinman represented the landlord in-house. Hopkinson Associates’ Steven Jacobson represented the tenant.
Note: Empire State Development is supporting the lease with up to $920,000 in tax credits in exchange for SharkNinja committing to creating more than 45 new jobs.
Coat manufacturer renews by Times Square
Address: 1407 Broadway, Manhattan
Landlord: Shorenstein
Tenant: S. Rothschild
Lease size: 47,000 square feet
Lease length: 10 years
Asking rent: $58 per square foot
Asset type: Office
Brokers: Bob Forman represented the landlord in-house. Cresa’s Peter Sabesan and Matthew Feigen represented the tenant.
Sales
Renovated former factory finds taker in Long Island City
Address: 21-07 41st Ave., Queens
Seller: Stephen Meringoff
Buyer: Pearl Realty LLC
Sale price: $20.5 million
Brokers: Ripco Real Estate’s Stephen Preuss and Andreas Efthymiou represented the seller.
Financings
Midtown’s Hotel Giraffe refinances mortgage
Address: 365 Park Ave. S., Manhattan
Owner: Library Hotel Collection
Lender: Metropolitan Commercial Bank
Loan amount: $30 million
Asset type: Hospitality
