Deals & Dealmakers
SELLING POINTS: Orbach sells Canterbury for $32.5M, Barings buys industrial sites
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● AVISON YOUNG Orbach sells The Canterbury The Orbach Group has sold The Canterbury rental building on the Upper West Side for $32.5 million.
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Selling points: 6 Columbus Circle generating international interest, Hakimian corners LIC office market
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Cushman & Wakefield All the world loves a prime development site Global interests are rumored to be jostling for a development site adjacent to the city’
Deals & Dealmakers
On The Scene: Cush & Wake announce exclusives, EPIC closes sales
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AGENTS Cushman & Wakefield announced the following exclusive assignments: • The sale of 90 Crossways Park Drive West, a two-story office building that
Deals & Dealmakers
SELLING POINTS: Tech Alley apartment building fetches $18M; Former typewriter giant selling Williamsburg portfolio
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● EASTERN CONSOLIDATED Ko-Rec-Type portfolio offers developers a ‘blank canvas’ Eastern Consolidated is marketing the Ko-Rec-Type Williamsburg
Leases
LEASES: Okada & Company announced a 5,654 s/f lease at 541 West 25th Street
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NEW YORK SAM STEIN The Kaufman Organization announced that Marley Spoon, a global meal delivery service that partners with celebrity chef Martha
Deals & Dealmakers
Facebook leases 1.5M s/f at Hudson Yards
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Hudson Yards today announced it has completed a lease with Facebook for over 1.5 million square feet of office space across 30 floors and three buildings
Featured
Co-working grows up after WeWork drama
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Melanie Gladwell of Cushman & Wakefield with coworking and flex leaders (L-R) Dan Zakai, John Arenas, Enrico Sanna, Ryan Simonetti, Andrew Kupiec
Debt & Equity
Innovo recaps LIC property with $438M financing
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 Innovo Property Group (IPG), a New York City-based investment and operating company founded by Andrew Chung and backed by Nan Fung Group, has closed on
Deals & Dealmakers
Pele scores Times Square store
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Carlton Architecture designed the new store with stadium seating and big screen games. Photos by Rob Lowell Pelé, the legendary Brazilian soccer player
Banking and Finance
$11M deal for Connecticut hall
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Cushman & Wakefield served as the exclusive advisor in the procurement of $11.5 million acquisition financing for National Hall, a 41,957 s/f office
Deals & Dealmakers
Chetrits’ buy Rudins’ One Whitehall for $181M
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Cushman & Wakefield announced the sale and financing of One Whitehall Street, a 366,209 s/f full-block mixed-use office building in the Financial District.
Banking and Finance
Worldʼs first institutional co-living fund aiming to raise $850M
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DTZ Investors (DTZI), a specialist European real estate fund manager, and The Collective, the global co-living platform, have jointly launched the world’s