Deals & Dealmakers

The deal will give Extra Space five more locations in NYC W. P. Carey and Extra Space Storage have entered into net lease agreements for 36 self-storage

Newmark Grubb Knight Frank has been named exclusive leasing agent for the landmarked Pencil Factory at 74 Kent Street, a 37,745 s/f fully renovated retail/office

THE SONY BUILDING The Chetrit Group has reversed its plan to turn the Sony Building at 550 Madison into uber luxury condos and instead sold the property for $1.

Equity Office has signed a new lease with investment advisory firm Cyrus Capital Partners L.P. to move its headquarters to 23,356 s/fat Park Avenue Tower

Fidelity Information Services has signed a lease for approximately 35,000 s/f of office space at 1 New York Plaza in a sublease brokered by Colliers International.

The National Association of Realtor’s venture capital arm, Second Century Ventures, announced in a investment in start-up Propy. Propy is a blockchain

Governor Andrew Cuomo has vowed to veto any 421a legislation that does not include protections for union labor. In a speech during the Building and Construction

The Durst Organization announced that the Bank of Montreal’s BMO Capital Markets has signed a 15-year lease for 215,056 s/f on the 9th and 29th through

The Rudin Family announced the closing of a $425 million refinancing of 32 Avenue of the Americas, one of the most historically significant telecom buildings

● RUDDER PROPERTY GROUP Witkoff sells office condo for $52M Rudder Property Group announced the sale of two full floor office condos at 420 Fifth Avenue totaling $52.

While uncertainty remains over the economic impact of a Donald Trump presidency, real estate executives have zeroed in on a point of optimism, the president-elect’s

Adams & Co. Real Estate brokered an 11,032 s/f new lease for New 32 America, on the 32nd Street side at 34 West 33rd Street in the heart of New York’s K-Town.