Lease Beat

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Creutzfeldt-Jakob Foundation Relocates to New York

The Creutzfeldt-Jakob Disease Foundation, a non-profit organization supporting Creutzfeldt-Jakob Disease patients and their families, has arranged a lease to relocate its headquarters from Akron, Ohio to New York, The Commercial Observer has learned.

The foundation closed a 2,205-square-foot deal at 341 West 38th Street, Scott Galin, principal at Handler Real Estate, said yesterday.

The foundation moved into the new space in mid-January, according to Florence Kranitz, president of the Creutzfeldt-Jakob Disease Foundation. Read More

Midtown South

The Midtown South submarket of Manhattan may have peaked.

Midtown South Submarket May Have Peaked

With rents on a high and vacancy rates inching upward, the Midtown South commercial market may have reached its healthiest point.

Both Midtown and Midtown South – perhaps the tightest market in the country –experienced an increase in vacancy rates this past year, according to numbers released Monday by Cushman and Wakefield, rising to 10.3 Read More

Sales Beat

12 East 13th Street will be converted to luxury condos.

More Luxury Condos Coming to Greenwich Village

East 13th Street, LLC., – a partnership of DHA Capital and Continental Properties – has closed on the purchase of a 45,000+ square foot parking garage in Greenwich Village. The property, which sold Dec. 5 for $32 million at slightly more than $700 per square foot, is located at 12 East 13th Street and will Read More

Lease Beat

1361

Avantus Renal Therapy Leases 23,000 Square Feet in Harlem

Avantus Renal Therapy has signed a 15-year, 23,000-square-foot at 1361 Amsterdam Avenue, a 130,000-square-foot, 5-story office building in the Manhattanville section of Harlem.

The kidney dialysis company — part of largest kidney dialysis corporation in the country — is building out the entire 2nd floor and a portion of the ground floor, where a separate entrance and reception area will be located, said Arthur Draznin, an executive managing director with Newmark Grubb Knight Frank who represented owner Janus Properties. Read More

Lease Beat

Courtesy of Google

S&N Opens in East Harlem

S&N Discount Inc has inked a deal to open in East Harlem.

The new discount store will occupy 6,000 square feet in the single-story building at 2033 Third Avenue between 111th and 112th Street. The space is split between 5,000 square feet on the ground level and 1,000 square feet of basement space.

S&N Discount will Read More

Lease Beat

200 Park Avenue South

Law360 Grows In Union Square

Portfolio Media Inc., owner of the popular law industry news site Law360, is expanding into almost 8,400 square feet at 200 Park Avenue South.

The company is based out of 860 Broadway and is subleasing the new office from William Grant & Sons, a tenant in 200 Park Avenue South. Portfolio Media is taking the Read More