Deals of the Day: March 19

Leases

Santander renews with Sage

Address: 437 Madison Ave., Manhattan
Landlord: Sage
Tenant: Santander Group
Lease size: 191,667 square feet
Lease length: Seven years
Asset type: Office
Brokers: Michael Lenchner and Jack Brennan represented the landlord in-house. A Savills team including Mitti Liebersohn, Arthur Mirante and Ana Erickson represented the tenant.

Swim school opening new location on Upper West Side

Address: 1871 Broadway, Manhattan
Landlord: 62 West 62nd Street LLC
Tenant: Goldfish Swim School
Lease size: 9,000 square feet
Asset type: Retail
Brokers: Charter Realty represented the tenant.

Learning center moving flagship location to Union Street

Address: 655 Union St., Brooklyn
Landlord: Avery Hall Investments and Gindi Capital
Tenant: NY Kids Club
Lease size: 3,700 square feet
Asset type: Retail
Brokers: JLL’s Ryan Condren and George Danut represented the landlord. Cushman & Wakefield’s Jonathan Fein and Mitzi Flexer represented the tenant.

Sales

Trump lawyer Jay Sekulow’s charity offloads Midtown site

Address: 34 E. 61st St., Manhattan
Seller: Christian Advocates Serving Evangelism
Buyer: Albert Sultan
Sale price: $27.5 million
Asset type: Retail

Financings

Midtown Best Western secures loan

Address: 319-321 W. 38th St., Manhattan
Owner: 319 West 38th Street LP 
Lender: Industrial and Commercial Bank of China
Loan amount: $38 million 
Asset type: Hotel