NEW YORK CITY—Two outer boroughs and varying parts of Manhattanhave gained either new tenants leasing space—in both the office andretail sectors—or new investors in the wake of investment salesdeals, as showcased in this latest wrap up of deals.

Citizen Watch Company of America has signed along-term lease for 22,818 square feet of space at the Hippodromebuilding at 1120 Ave. of the Americas. Located between43rd and 44th streets, the Edison Propertiesasset features 617,000 square feet of space. Cushman &Wakefield's Gus Field, MichaelBurgio and David Berke brokered the dealon behalf of the landlord. Citizen was represented in thetransaction by William Iacovelli and MarkRavesloot of CBRE.

Kalbridge Associates, LLC, a joint venture ofthe Kalikow Group and WaterbridgeCapital, has sold three adjoining five-story multifamilybuildings located at 113-117 Elizabeth St., in Nolita, to theDaniels brothers of A.D. Real EstateInvestors for $26 million. Alex Heydt ofTOWN Residential represented the seller in thedeal. The buyers were represented by Joe Messinaand Stephen Ferrara of TOWN Residential.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.