Leases
Charter school expands in Sunset Park
Address: 5323 Fifth Ave., Brooklyn
Landlord: Comjem Associates
Tenant: LEEP Dual Language Academy
Lease size: 37,924 square feet
Asset type: Education
Brokers: The landlord was represented in-house. Avison Young’s Martin Cottingham, Michael Gottlieb and Patrick Steffens represented the tenant.
Sales
Developer adds to Tribeca assemblage with shuttered textile business
Address: 34 Walker St., Manhattan
Seller: Eltibe Realty Corp.
Buyer: Damien Smith
Sale price: $11.6 million
Asset type: Mixed use
Japanese investor snaps up Yorkville rental building
Address: 322 E. 93rd St., Manhattan
Seller: Jacob Fulop
Buyer: Masaki Tsuda
Sale price: $10.5 million
Asset type: Multifamily
Teachers’ fund sells storefronts that include six-screen AMC theater at 78% loss
Address: 225 W. 83rd St., Manhattan
Seller: Nuveen Real Estate
Buyer: Namdar Realty Group
Sale price: $9.8 million
Asset type: Retail
Financings
Far Rockaway affordable housing project secures construction and other financing
Address: 19-19 Cornaga Ave., Queens
Owner: Brisa Builders Development and PMG Affordable
Lenders: Bank of America, New York City Department of Housing Preservation and Development, New York State Homes and Community Renewal and Federal Housing Trust Fund
Loan amount: $51.7 million
Asset type: Multifamily
