Deals of the Day: May 27

Leases

Abu Dhabi sovereign wealth fund manager boosts footprint at Seagram Building

Address: 375 Park Ave., Manhattan
Landlord: RFR
Tenant: Mubadala’s MIC Capital Partners
Lease size: 36,428 square feet
Asset type: Office
Brokers: RFR’s AJ Camhi and Paul Milunec represented the landlord in-house. CBRE’s Justin Aronson represented the tenant.

Sales

Francis Greenburger’s firm buys 38-unit rent-stabilized Ditmas Park site

Address: 323 E. 19th St., Brooklyn
Seller: Lightstone Management
Buyer: Time Equities
Sale price: $13.1 million
Asset type: Multifamily

Financings

Cypress Hills partially affordable development gets $18M

Address: 2667 Fulton St., Brooklyn
Owner: Aron Schwartz
Lender: JLL
Loan amount: $18.2 million
Asset type: Multifamily