Leases
Charter school taking space at The Wheeler
Address: 422 Fulton St., Brooklyn
Landlord: Tishman Speyer
Tenant: Brooklyn Prospect Charter School
Lease size: Approx. 150,000 square feet
Lease length: 35 years
Asset type: Education
Brokers: CBRE’s Mary Ann Tighe, Gerry Miovski, Joe Cirone, Zac Price and Masha Dudelzak represented the landlord, along with Megan Sheehan in-house. Newmark’s Ross Kaplan and Justin DiMare represented the tenant.
Parkinson’s nonprofit inks Plaza District lease
Address: 133 E. 58th St., Manhattan
Landlord: Jack Resnick & Sons
Tenant: The Parkinson’s Wellness Foundation
Lease size: 6,733 square feet
Lease length: 10 years
Asset type: Office
Brokers: Fran Delgorio and Brett Greenberg represented the landlord in-house. Compass’s Adelaide Polsinelli and Marc Shulman represented the tenant.
Sales
Vacant lot in Midtown acquired by Flushing developer
Address: 8 W. 45th St., Manhattan
Seller: Buchbinder & Warren
Buyer: Hiwin Group
Sale price: $38.5 million
Asset type: Development site
Financings
Watermark Capital refinances former Watchtower building
Address: 175 Pearl St., Brooklyn
Owner: Wolfe Landau
Lender: Bravo Capital
Loan amount: $65.9 million
Asset type: Office