This Week's NY Deal Sheet
Uber and a Dutch bank expanded their offices while RFR Realty closed on a $206M West Village office building and the Carlyle Group secured a $168M mortgage from Deutsche Bank in a slower week of New York real estate deals.
TOP LEASES
Ride-share company Uber signed a 64K SF lease in the Terminal Stores building at 636-638 West 28th St. in Chelsea Piers. The lease is for 10 years and eight months. While 52K SF is a lease renewal from an initial deal signed in 2014, 12K SF is new office digs for the growing, embattled company. Asking rent in the deal was $50/SF. JLL's Alexander Chudnoff and Dan Turkewitz represented Uber while the landlord, Waterfront Realty, was represented in-house by Christopher Flagg and Peter Pachios.
***
Dutch bank ABN AMRO signed a lease renewal and expansion at SL Green's 100 Park Ave., taking the financial institution's total space to just over 54K SF. The bank signed a 10-year renewal deal for 43K SF — the entire 17th, 23rd and 24th floors — while also leasing the 25th floor, roughly another 11K SF. Asking rent was $82/SF. JLL's Christopher Kraus represented ABN AMRO, while a Cushman & Wakefield team of Tara Stacom, Barry Zeller, Justin Royce and Connor Daugstrup represented SL Green.
***
Glossier signed an 11-year deal for 26K SF of office space on the 10th floor of Stellar Management's One SoHo Square, becoming the second beauty company to take space in the complex after MAC Cosmetics. Asking rent was not immediately available, but the building goes for $80 to $120/SF. CBRE brokers Sinclair Li and Daniel Wilpon represented Glossier, while Brent Ozarowski, David Malawer, Andrew Peretz and Brian Waterman of NGKF represented Stellar Management.
TOP SALES
RFR Realty closed on a $206M purchase of 95 Morton St. in the West Village from Brickman. The eight-floor office building is 215K SF with PayPal the largest tenant, leasing 95K SF.
***
Savanna sold the retail condo at 10 Madison Square West for $97.5M three years after buying it for $60M. TIAA Global Asset Management subsidiary TH Global Real Estate bought the 21K SF space on Fifth Avenue. PetSmart occupies most of the space.
***
Landlord Michael Aryeh sold a rent stabilized, 52-unit apartment building with five retail spaces on the ground floor at 720 West 181st St. for $32M after buying it for $16M in 2014. Viaveb LLC, managed by Daniel Goldberg, is the new owner.
***
Ex-Galleon Group hedge fund manager Leon Shaulov and his successful makeup artist wife, Irina, are the latest residents to buy a condo at 56 Leonard St. The couple paid nearly $28M for a top floor penthouse unit.
***
Brooklyn has a new most-expensive condo. Colombian art dealer Lio Malca purchased a new triplex penthouse at 1 Main St. from developer Two Trees Management for a cool $15M while taking out a $10M mortgage on the property. Douglas Elliman's Monica Luque represented Malca, while Two Trees was repped by Corcoran Group's Frank Castelluccio and Nicholas Hovsepian.
***
Developer Abraham Brach bought an 8K SF garage at 814 Bedford Ave. in South Williamsburg, Brooklyn, for $12M from Selma Prezant.
***
Morris Weinberg bought a 26K SF, six-story mixed-use building at 77 Varet St. in Williamsburg for $11M. Ruben and Victor Azrak were the sellers. Both parties were repped by Bestreich Realty Group.
TOP FINANCING DEALS
The Carlyle Group secured a $168M mortgage from Deutsche Bank for its purchase of 60 office condos at 866 United Nations Plaza. The debt replaces and consolidates a $49.9M mortgage on the property with $118.2M in new financing.
***
Apollo Commercial Real Estate lent RedSky Capital $127M to refinance its Downtown Brooklyn development site spanning 547-589 Fulton St. The developer consolidated debt with the refinancing on more than a dozen buildings near the DeKalb Avenue subway station.
***
Citigroup provided RFR Realty with a $95M mortgage consolidating $58.5M in existing debt with a $36.5M gap mortgage for the 95 Morton St. acquisition listed above.
***
Capital One lent Sky Management $43.5M for a mortgage on its luxury apartment building at 501 East 74th St. The loan is for seven years and has a fixed rate of 3.9%. The loan consolidates previous debt on the property, including a $22M construction loan provided by Santander Bank in 2014. Debt was organized by Meridian Capital Group's Carol Shelby.
