Leases
Law firm renews on Park Avenue South
Address: 470 Park Ave. South, Manhattan
Landlord: Williams Equities
Tenant: Kellner Herlihy Getty & Friedman
Lease size: 10,427 square feet
Asking rent: $72 to $82 per square foot
Asset type: Office
Brokers: Colliers’ Michael Cohen, Andrew Roos, Mac Roos, Jessica Verdi and Rachel Kirkham represented the landlord.
Cycling nonprofit takes space at Industry City
Address: 4014 First Ave., Brooklyn
Landlord: Jamestown, Belvedere Capital and Angelo Gordon & Co.
Tenant: Bike New York
Lease size: 8,619 square feet
Lease length: 10 years
Asset type: Office
Brokers: Jeff Fein and Brad Blum represented the landlord in-house. Open Impact Real Estate’s Stephen Powers, Ethan Voligny and Kendall Elliott represented the tenant.
Advertising platform inks SoHo lease
Address: 10 Crosby St., Manhattan
Landlord: Madison Capital
Tenant: Sabio
Lease size: 8,425 square feet
Asset type: Office
Brokers: JLL’s Mitchell Konsker, Dan Turkewitz and Nicole Danyi represented the landlord. The Kaufman Organization’s Jared Sternberg and Elliot Warren represented the tenant.
Sales
Developer offloads Yorkville rental tower
Address: 501 E. 87th St., Manhattan
Seller: Soloviev Group
Buyer: A&E Real Estate
Sale price: $116.5 million
Asset type: Multifamily
Broker: S. Charatan Realty’s Jack Bick represented the seller.
Financings
Hawthorn Park luxury apartment building refinances
Address: 160 W. 62nd St., Manhattan
Owner: Glenwood Management Corp.
Lender: New York State Housing Finance Agency
Loan amount: $231 million
Asset type: Multifamily
