New York City Commercial Real Estate News 
Winick Realty tapped to Market 3 Columbus Circle
Winick Realty Group LLC will exclusively represent 36,000 sq. ft. of retail space available at 3 Columbus Circle on behalf of SL Green Realty Corp. and The Moinian Group. Located at 57th Street and Eighth Avenue, the property is being marketed by Winick Realty Group LLC's CEO Jeff Winick and Executive Vice President Lori Shabtai, along with Associate Directors Kelly Gedinsky and Michael Gleicher. ...
Cosmic Studios Opens Expanded Studio in Williamsburg Neighborhood
Cosmic Studios has signed a 9,300-sq.-ft. lease at 345 Ten Eyck Street in the East Williamsburg neighborhood of Brooklyn. ...
Former Prince Hotel in SoHo Sells for $11M
Massey Knakal Realty Services’ Senior Vice President of Sales Robert Burton has sold 218-220 Bowery. Formerly known as the Prince Hotel, the building is located between Spring and Prince Streets in Manhattan’s SoHo neighborhood. The building sold in a transaction valued at $11 million....
111 Kent Gets New California-Based Ownership
California-based American Realty Advisors has acquired 111 Kent, a 62-unit luxury apartment complex in Brooklyn....
Global Food International Inks Lease to Occupy Times Square Space
Global Food International has signed a long-term lease to occupy approximately 25,000 sq. ft. on the ground floor and mezzanine level of 11 Times Square. The company plans to open a restaurant at the location, which will feature global cuisine. ...
Joint Venture Sets Its Sites on Industrial Acquisitions in NYC, NJ and Chicago
Jones Lang LaSalle’s Capital Markets and Industrial Services has arranged a programmatic joint venture equity vehicle between Sitex Realty Group (SRG) and State Teachers Retirement System of Ohio (OSTRS), which will seek to acquire more than $140 million of industrial real estate over the next two years....
Shovel-Ready Long Island Development Site Priced at $15M
A 51.65-acre, shovel-ready, fully entitled development site in Brookhaven Long Island has come on market priced at $15 million. Approved plans for the site include construction of a 408-unit senior housing project....
385 Union Ave. Nears Completion in Brooklyn with New Ownership
Madison Realty Capital (MRC) has purchased the note and deed of 385 Union Avenue in Brooklyn for approximately $21.5 million. The seller of the loan was a bank that had taken over the original failed lender on the project through an FDIC loss share deal....
Brooklyn Residential Property Sells for $24.5M
Massey Knakal has sold 204 Huntington Street located in Brooklyn’s Carroll Gardens neighborhood for $24.5 million....
Development Site at 100 Norfolk Goes for $8.7M
A development site located at 100 Norfolk Street on Manhattan’s Lower East Side was sold to an anonymous investor in an all-cash transaction valued at $8.7 million....
DelShah Acquires Senior Debt at Morgan Lofts in Manhattan
DelShah Capital (DelShah) has purchased the $11 million first mortgage debt on Morgan Lofts, located at 11 East 36th Street in Manhattan....
Metropolitan Realty Associates Refinances Jericho Atrium in Long Island
Metropolitan Realty Associates (MRA) announced that it refinanced Jericho Atrium, a Class A, 147,183-sq.-ft., two-story office building in Jericho, with an $18.5 million loan from Capital One Bank. MRA purchased the Jericho Atrium in July 2007 with Belvedere Capital and MRA’s long-time equity partner Angelo, Gordon & Co. LP. ...
Marcus & Millichap Arrange Sale of Brooklyn Mixed-Use Building
A private investor has claimed 711 5th Avenue, a 1,800-sq.-ft., mixed-use building located in Brooklyn for $470,000....
Hain Celestial Relocates Long Island Employees to New Corporate HQs in Lake Success
The Hain Celestial Group Inc., a natural and organic products company, has leased new office space in Lake Success in Nassau County. Its new, 86,000-sq.-ft. location will serve as its international corporate headquarters....
Dentsu Expands to Occupy 183,000SF on Avenue of the Americas
Dentsu Network signed a lease to occupy an additional 33,000 sq. ft. of office space at 32 Avenue of the Americas comprising the entire 25th and a portion of the 24th floor. This 33,000-sq.-ft. addition brings Dentsu to a total of 183,000 sq. ft. at the Tribeca-based building. The company plans to move into its expanded space this fall....
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