New York City

Stonehenge Partners’ Ofer Yardeni and Joel Seiden have sold one of the first properties they ever acquired here, a 90,000-square-foot, 95-unit mixed-use residential/retail building at 401 W. 56th St. in Manhattan’s Hell’s Kitchen neighborhood. Yardeni and Seiden bought the property, now known as Stonehenge 56, out of bankruptcy in 1995, when the entire tenant roster was on a rent strike; it was their third acquisition since founding the company. Eastern Consolidated’s Alan Miller represented Stonehenge in the $38-million sale, while his colleague Peter Carillo, procured the buyer, 56 Scarlett Associates, an affiliate of Orin Management which plans further improvements. Attorneys in the transaction were Matthew E. Kasindorf and David G. Moss of Meister Seelig & Fein LLP for the seller and Steven R. Uffner of Goldberg Weprin Finkel & Goldstein LLP for the buyer.

Mizuho Capital Markets Corp. has signed a 15-year renewal on its 39,000 square-foot lease at 1440 Broadway, where it has occupied the top two floors since 2001. Brian Waterman and Lance Korman of Newmark Knight Frank represented Mizuho; Jordan Berger of Monday Properties represented the landlord. The renewal follows the 56,242-square-foot Macy’s expansion of its office space at 1440 Broadway.

Staffing firm Modis Inc. has leased the entire 21,677-square-foot fourth floor of SL Green Realty Corp.’s 521 Fifth Ave. It’s the first deal signed there since SL Green took 100% control of the property earlier this month. Sloan Rhulen of CB Richard Ellis acted on behalf of Modis in the 10-year deal, while Amy Schustek represented SL Green in-house.

In another full-floor deal within the SL Green portfolio, IMS Health Transportation Corp. has signed a 14,206-square-foot, 10-year lease at 485 Lexington Ave. Jones Lang LaSalle’s Lisa Kiell negotiated for IMS, while David M. Kaufman acted on behalf of SL Green in-house. 

Upscale accessories retailer Mulberry has signed on for 10,700 square feet at 134 Spring St. in Soho. The store will serve as the British lifestyle brand’s flagship location in New York City and will be its third store in Manhattan. Robert K. Futterman & Associates’ Karen Bellantoni and Beth Rosen represented the landlord, Calliope Associates, LP. Mulberry was represented by Joel Isaacs and Joshua Lewin of Isaacs and Co.

Coldwell Banker Commercial Hunter Realty’s Peter E. Sabesan and David Dannick have arranged a long-term office lease for 7,986 square feet on the 11th floor of 39 Broadway for Industrial Technology & Assistance Corp. ITAC, which has a mission of keeping manufacturing and technology jobs based in New York City, is expected to move in next month. The new tenant was represented by Sabesan and Danick; landlord Broadway 26 Waterview LLC represented by Tom Hettler of the Lawrence Group.

Long Island

A 5.32-acre development site at 1715 Vanderbilt Motor Pkwy., adjacent to the 10th fairway of the Hamlet Wind Watch Golf Club in Hauppauge, NY, is being marketed by Eastern Consolidated, which is asking $12 million. The site is fully approved for a 13-story, 150-unit luxury condominium tower, and existing plans call for a development of approximately 425,000 square feet. “Residential buildings of this proposed size effectively do not exist on the eastern half of Long Island and such approvals are rarely granted, since communities seek to limit both height and density in favor of single family homes, villas, and townhouses in planned horizontal neighborhoods,” says Eastern Consolidated’s Brian Ezratty, in a release.

Boston

The Boston office of Holliday Fenoglio Fowler has secured a $6.4-million refinancing for Mystic Commerce Center, a two-building, 252,474-square-foot industrial facility in Chelsea, MA. Working on behalf of landlord Combined Properties Inc., HFF’s Greg LaBine and Janet Krolman placed the five-year, fixed-rate loan with PPM Finance on behalf of Jackson National Life Insurance Co.  Loan proceeds will replace the existing first mortgage debt.

New York State

Cole Real Estate Investments has closed on its $84.5-million purchase of the corporate headquarters of HealthNow New York, Inc, the parent company of BlueCross BlueShield of Western New York. JLL’s Peter Nicoletti and Joseph Garibaldi represented seller Duke Realty in the sale of the 430,458-square-foot, Class A office building located at 257 W. Genesee St. in Buffalo. HealthNow is leasing space there through 2024.