Deals of the Day: March 14

Leases

Legal Aid renews, expands on Staten Island

Address: 60 Bay St., Staten Island
Landlord: Muss Development
Tenant: The Legal Aid Society
Lease size: 29,467 square feet
Asset type: Office
Brokers: Bill Bergman represented the landlord in-house. CBRE’s Christopher Mansfield, Craig Reicher, Greg Maurer-Hollaender and Julia Passantem represented the tenant.

Rockrose lands new tenant by Madison Square Park

Address: 11 E. 26th St., Manhattan
Landlord: Rockrose Development
Tenant: Reckoner Capital Management
Lease size: Approx. 12,000 square feet
Asset type: Office
Brokers: Newmark’s William Cohen and Ariel Harwood represented the landlord. Newmark’s Neil Goldmacher and Josh Friedman represented the tenant.

Dentist office heads to LIC’s Gotham Point

Address: 56-03 Center Blvd., Queens
Landlord: Gotham Organization
Tenant: Hassan Khan
Lease size: 2,500 square feet
Lease length: 12 years
Asset type: Medical
Brokers: Lee & Associates NYC’s Brad Schwarz represented the landlord. Practice Real Estate Group’s Reed Wrisley represented the tenant.

Sales

Microtel Inn changes hands in Long Island City

Address: 29-12 40th Ave., Queens
Seller: Yan Po Zhu
Buyer: Muhammad Hameed
Sale price: $19 million
Asset type: Hospitality