This Week's NY Deal Sheet
Vanbarton Group has picked up Riverside Crossing, a 159k SF suburban-style shopping center at 237th Street and Broadway in the Kingsbridge section of the Bronx, for $133M.
It’s the latest acquisition by Vanbarton, which recently picked up properties like 31 Penn Plaza and 47-16 Austell Pl in LIC. Eastdil Secured’s Adam Spies and Doug Harmon repped the sellers, Metropolitan Realty Associates and Angelo Gordon & Co.
MORE TOP SALES
210-220 E 22ND St SSGA Owner LLC bought 220 East 22nd St from Broad Street Development for $73.8M.
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OTA Greene bought a four-building portfolio in Brooklyn from Jonathan Enterprises for $60.2M. The portfolio includes: 800 Bergen St, 369 Saint Marks Ave, 50 Greene Ave and 471 Vanderbilt Ave.
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La Scoula D’Italia Guglielmo Marconi bought 432 West 58th St from St. Luke's-Roosevelt Hospital Center for $55M.
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210-220 E 22ND Street SSGA Owner LLC bought 210 East 22nd St for $49.2M.
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HP 680 St. Nicholas Housing Development Fund Co bought 680 St. Nicholas Ave from 680 SN LLC for $41M.
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Essence Global Investments bought 157 West 57th St from Extell for $24.6M.
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JDK Realty bought 24 North Moore St from CPM Holdings for $9.2M.
[Top sales data courtesy of: Reonomy]
EXECS
Jennifer Cattier has joined Almanac Realty Investors as general counsel and chief compliance officer. Prior to joining Almanac, Jennifer was director and senior counsel for Deutsche Bank. Before that, she worked for 12 years at Morgan Stanley, covering its private investment funds businesses, including as senior counsel and as chief compliance officer for its merchant banking and real estate investing division.
LEASES
Nestlé Health Science signed a 180k SF lease at the New Jersey Center of Excellence, 1041 Route 202/206 in Bridgewater, NJ. JLL’s Craig Eisenhardt, Robert Ryan and Scott Stange repped the landlords, Advance Realty and CrossHarbor Capital Partners.
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Shiseido Comestics signed a 70k SF lease at 900 Third Ave. Savills Studley’s John Mambrino repped the tenant. JLL’s Clark Finney repped the landlord, Paramount Group.
SunGard Financial Systems signed a 41k SF lease at Jersey City’s Harborside Plaza. JLL’s Aaron Ellison and Tyler Vandegrift repped the tenant. The landlord, Mack-Cali, was repped in-house by Tom Savoca and a CBRE team.
Delos signed a 10-year, 22k SF HQ lease at 860 Washington Ave, as the building’s first tenant. JLL’s Aaron Ellison and Joseph Armano repped Delos. Cushman & Wakefield’s Stuart Romanoff, Ross Eisenberg, Amy Fox and Josh Goldsmith repped the ownership, a JV between Property Group Partners and Romanoff Equities.
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IMG Worldwide signed an 18k SF expansion lease at 304 Park Ave South. CBRE’s Michael Laginestra, Rocco Laginestra, Christopher Mansfield and Brian Dooley repped IMG Worldwide. Howard Tenenbaum and Gary Rosen repped the landlord, SL Green, in-house.
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The Social Edge signed a 12k SF lease at 1001 Sixth Ave. The Viza Group’s Deborah Constable repped the tenant. ABS Partners’ Jay Caseley repped the landlord.
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New 32 America signed an 11k SF lease at 34 West 33rd St, and Tous Les Jours Bakery signed a 7,600 SF lease in the building. Adams & Co’s David Levy repped both sides on both deals.
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L’Oreal will take a total of 10k SF at 565 Fifth Ave: a 1k SF retail space and 9k SF on the second floor that’ll be used as a training facility. CBRE’s Andrew Goldberg and Preston Cannon repped the tenant. Winich Realty Group’s Jeff Winick, Hal Shapiro and Lee Block repped the landlord, the Chetrit Group, along with Juda Chetrit, who repped the landlord in-house.
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Allstate Power Vac signed a 5k SF lease at 330 Morgan Ave in Brooklyn. M&S Levy Co’s Michael Levy repped the tenant. Kalmon Dolgin Affiliates’ Fred Rufrano repped the landlord.
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Sushi Tatsu signed a 3,800 SF lease at 175 Franklin St in Tribeca. City Connections Realty’s Elizabeth Kaneko repped the tenant. Eastern Consolidated’s James Famularo repped the landlord.
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Leyton Astor Clothing Co signed a 2,200 SF lease at 199 Mott St. Sinvin Realty’s Steve Rappaport repped the tenant. Devon Binns repped the landlord, Alfa Development, in-house.
Bluestone Lane Coffee, Chop’t Creative Salad Co and Flywheel Sports have each signed retail leases at 51 Astor Pl. Square footages haven’t been announced. RKF’s Jonathan Krieger repped Bluestone. Esquire Properties’ Craig Hantgan repped Chop’t. Thor Retail Advisors’ Matthew Seigel and Skye Taylor repped Flywheel. SRS Real Estate Partners’ Patrick Smith, Corey Zolcinski and Matt Ogle repped the landlord, Minskoff Equities.
