Deals of the Day: March 20

Leases

Insurance firm heading to Midtown

Address: 1177 Sixth Ave., Manhattan
Landlord: Silverstein Properties
Tenant: H.W. Kaufman Group
Lease size: 11,000 square feet
Lease length: 10 years
Asset type: Office
Brokers: Cushman & Wakefield’s Lou D’Avanzo, Anthony LoPresti, Peter Kerans and Caroline Collins represented the landlord, along with Harlan Strader in-house. Savills’ Kirill Azovtsev, Shay Bolton and Alex Redlus represented the tenant.

Foundation inks lease for Chelsea space

Address: 322 Eighth Ave., Manhattan
Landlord: GFP Real Estate
Tenant: The Asian American Foundation
Lease size: 6,800 square feet
Lease length: Four years
Asset type: Office
Brokers: Allen Gurevich represented the landlord in-house. GFP Real Estate’s Matthew Colavita represented the tenant.

Discount appliance store coming to eastern Bronx

Address: 66 Westchester Square, Bronx
Landlord: Simone Development Cos.
Tenant: DLP Distribution
Lease size: 1,600 square feet
Asset type: Retail
Brokers: The landlord was represented in-house. E Realty Int’l. Corp.’s Steven Zhou represented the tenant.

Sales

105-unit Gowanus rental tower changes hands

Address: 237 11th St., Brooklyn
Seller: Trinity Place Holdings
Buyer: Shel Capital
Sale price: $68.5 million
Asset type: Multifamily

FiDi former stock certificate building trades in Ch. 11 sale

Address: 70 Broad St., Manhattan
Seller: Winta Asset Management
Buyer: Rialto Capital Advisors 
Sale price: $20 million
Asset type: Office

Financings

Developer secures new mortgage for Lenox Hill properties

Addresses: 252-254 and 260 E. 72nd St., and 257 and 259 E. 71st St., Manhattan
Owner: The Chetrit Group
Lender: G4 Capital Partners
Loan amount: $103.7 million
Asset type: Mixed use