Leases
Sandwich shop inks lease in the Penn District
Address: 330 W. 34th St., Manhattan
Landlord: Vornado Realty Trust
Tenant: Barney Brown
Lease size: 1,281 square feet
Lease length: 10 years
Asset type: Mixed use
Brokers: Jason Morrison represented the landlord in-house. Lee & Associates NYC’s Brad Schwarz, David Scher and Jordan Cohen represented the tenant.
Production agency extends Garment District lease
Address: 505 Eighth Ave., Manhattan
Landlord: GFP Real Estate
Tenant: In Record Time
Lease size: 10 years
Lease length: 5,202 square feet
Asset type: Office
Brokers: Allen Gurevich represented the landlord in-house. Newmark’s Cory Borg and Chris Mongeluzo represented the tenant.
Sales
Real estate investment trust unloads East Village rental building
Address: 151 Ave. A, Manhattan
Seller: Arbor Realty Trust
Buyer: Alchemy Ventures
Sale price: $10.8 million
Asset type: Mixed use
Financings
Woodside self-storage facilities secure loans
Address: 27-07 and 26-45 Brooklyn-Queens Expressway, Queens
Owner: AMERCO Real Estate Co.
Lender: PGIM Real Estate Loan Services
Loan amount: $25.1 million
Asset type: Industrial
