New York City — A joint venture between Madison Capital and an undisclosed global real estate investment management firm has sold a 7,018-square-foot, single-tenant retail property occupied by Citibank in Manhattan’s Upper East Side neighborhood for $24.5 million.
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New York City — SL Green Realty Corp. and The Moinian Group have signed a 23-year, 43,000-square-foot lease with Nordstrom to anchor three levels of retail space at 3 Columbus Circle in Manhattan.
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New York City — HFF has arranged $89 million in refinancing for a retail and office building located at 401 W. 14th St. in the Meatpacking District.
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New York City — Thor Equities has signed an agreement to sell the retail condo at 445 Fifth Ave. in Midtown Manhattan to Harbor Group International for $68 million.
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New York — J.P. Morgan is the lead lender of the $150 million acquisition financing for 520 Fifth Avenue, a development site located at the southeast corner of 43rd Street and Fifth Avenue in Manhattan.
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New York — Holliday Fenoglio Fowler LP (HFF) has arranged the $44 million refinancing of a fully occupied retail condominium located in Manhattan’s Chelsea neighborhood.
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New York City — SL Green Realty Corp. has inked a 10-year lease with Adidas to occupy retail space at its 115 Spring St. property in the Manhattan neighborhood of SoHo.
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New York — Pembrook Capital Management LLC has secured a $20 million first mortgage loan for the acquisition of a retail property located in Manhattan’s Upper West Side.
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With several new projects under construction and demographics in the boroughs changing, New York’s retail scene is evolving. Roundtable moderated by Jerrold France and Randall Shearin
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New York — “We are pleased to attract such prestigious, well-known retail anchors in these three strategically-located properties,” says Brett Herschenfeld, managing director of SL Green Retail.
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