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Deals & Dealmakers

LEASES: CBRE reps Neiman Marcus in midtown office deal; CPEX helps Uber settle into Crown Heights

CBRE announced the firm’s latest under-15,000 s/f office leasing transactions in Manhattan.
• CBRE’s Adam Foster and Michael Monahan represented Stila Styles in a 14,851 s/f renewal for part of the 35th floor at 1 Liberty Plaza. Sublandlord Cleary Gottlieb was represented by Moshe Sukenik of NKF.
• CBRE’s Alice Fair, James C. Ackerson and Sacha Zarba represented BrightEdge in a 12,682 s/f expansion lease for part of the eighth floor at 685 Third Avenue. Owner Unizo Holdings Company was represented Matthew Astrachan, Frank Doyle, Jonathan Fanuzzi, Clark Finney and Dan Santagata of JLL.
Joseph A. Fabrizi represented Neiman Marcus Group Inc. in a 10,092 s/f lease for the entire sixth floor at 42 West 39st Street. Owner Adams & Company Real Estate was represented in-house by David L. Levy and Brett Maslin.

JOE FABRIZI

Michael Affronti and Silvio Petriello represented Drake Star Partners in a 7,168 s/f renewal and expansion for part of the 20th floor at 950 Third Avenue. The term is for eight years and owner Naomi Altholz was represented by Jared Horowitz and Josh Gosin of NKF.
William Iacovelli, Michael Monahan and Mark Ravesloot represented Stroock & Stroock & Lavan LLP in a 6,850 s/f renewal for the part of the 37th floor at 767 Third Avenue. Owner William Kaufman was represented by Michael Lenchner of Sage Group Associates.
William Iacovelli represented MyWebGrocer Inc. in a 6,667 s/f lease for the entire eighth floor at 8 West 40th Street. Owner Resnick & Sons was represented by David Harrell of Cresa Partners.
William Iacovelli, Michael Monahan and Mark Ravesloot represented TPG Architecture in a 6,228 s/f expansion for the part of the fourth floor at 132 West 31st Street. Owner VanBarton Group was represented by JLL.
• CBRE’s Paul J. Amrich, Emily Jones, Neil King and Patrice Meagher represented owner Callahan, Ivanhoe Cambridge and Swig in a 9,820 s/f lease at 1411 Broadway with Cameron Engineering for part of the sixth floor. The term is for seven years.
Edward Goldman represented owner Federation of Jewish Philanthropies of New York in an 8,626 s/f renewal at 130 East 59th Street with RRE Ventures for part of the 17th floor. The term is for 11 years and the tenant was represented by Mark Boisi of C&W.
Eric Deutsch, Christie Harle, Benjamin Joseph, Jason Pollen, Howard Fiddle and Mary Ann Tighe represented owner Edge Fund Advisors in an 8,264 s/f expansion lease at 1540 Broadway with Ernst & Young for part of the 25th floor. The tenant was represented by Samuel Clark of C&W.
Willian Iacovelli and Patrick Moroney represented sublandlord Zibby in a 6,500 s/f lease at 151 West 25th Street Avenue with Enstoa for the entire ninth floor. The tenant was represented by Joshua R. Berger of Norman Bobrow & Company Inc.
Joseph A. Fabrizi and Brett Kaye represented owner Zar Property NY LLC in a 5,500 s/f lease at 42 Greene Street with Trade Winds Markets for the entire second floor. The tenant was represented by David Glassman at Colliers.
Christopher Corrinet, Benjamin Friedland, John Isaacs, Jason Pollen and Willis Trotsky represented Deerfield Management Company in an 11,181 s/f lease for the entire 45th floor at 780 Third Avenue. CBRE’s Meghan Allen, Paul J. Amrich, Anthony Dattoma and Neil King represented owner TIAA-CREF.
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RICH NOVAK

The CPEX Office Sales & Leasing Team has completed a lease agreement with Uber for nearly 5,000 s/f at 1028 Franklin Avenue in Crown Heights. Uber has opened a Greenlight Hub, an in-person support center for its driver-partners. Located on the eastern border of Prospect Park, 1028 Franklin Avenue is a standalone building with three new storefronts, a new HVAC system, and an open floor plan with 856 square feet of mezzanine office space. CPEX’s Office Team, consisting of Rich Novak and Gina Damond, represented the landlord, LargaVista Companies. Sacha Zarba and Alice Fair of CBRE represented the tenant.
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Serkan Piantino, the former founder of Facebook’s New York office and co-founder of Facebook’s Artificial Intelligence Research team, has leased space for his new startup at the William Kaufman Organization’s 2 Gansevoort Street. The firm, Spell Inc., is the first tenant to a sign a lease in WKO’s Swivel office suites on the 7th floor of the nine-story, landmarked office property. Spell Inc. is expected to move from its current 100 Avenue of the Americas location to its new 3,604 s/f pre-built in the building this month. Michael Lenchner, Vice President and Director of Leasing at Sage Realty Corporation, represented building ownership and the tenant in the transaction. Asking rents were $95 psf.
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Ripco Real Estate secured a 2,800 s/f lease for Village Den at 225 West 12th Street in the West Village. The fast-casual diner is being re-opened by “Queer Eye” cast member Antoni Porowski along with partners Eric Marx and Lisle Richards, with a projected opening date for September. While terms were not disclosed, a team of Ripco brokerage professionals including Lindsay Zegans and Richard Skulnik represented the Village Den in the transaction. Gary and Chris Dana from Douglas Elliman represented ownership.
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Haryn Intner of Admiral Real Estate recently brought the following new retailers to Larchmont:
• MF3 futness studio leased space at 2106 Boston Post Road,;
• Larchmont Natural, a natrual grocers run by June and Edward Lu, opened at 1919 Palmer Avenue;
• Longford’s Ice Cream opened a new store at 1941 Palmer Avenue. Longford’s has several locations, including a store in Rye.
• Bu-Tique, a beauty boutique, expanded at 1949-1955 Palmer Avenue. Bu-Tique offers professional makeup and beauty services for special events, weddings, classes and parties.
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Hunt Corporate Services, Inc. announced that Silber Investment Properties has leased 12,076 S/F of office space at 125 Newtown Road, Plainview. The tenant was represented by Alan Yaffe of United Realty. David G. Hunt represented the landlord, Anton-Cerrone Associates, in the lease negotiations. Silber Investment Properties is a real estate brokerage company based on Long Island and specializes in the acquisition and disposition of retail investment properties all throughout the country. Silber is relocating from Hicksville and will be joining tenants Transtar Industries and VidaBox in occupying the building that is now fully leased.

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