Bond Broker Doubles Up Downtown

New York City

Bond broker Chapdelaine & Co. has leased an additional 35,000 square foot floor at Jack Resnick & Sons’ 199 Water St., doubling its corporate headquarters to 70,000 square feet. The company renewed its existing lease for another 15 years co-terminously with its expansion space. Patrick Heeg of Jones Lang LaSalle represented Chapdelaine in the long-term renewal/expansion leasing transaction while Resnick’s Dennis P.  Brady and Brett Greenberg represented the building owner.

Foreign currency management firm FX Concepts has leased an entire 23,000-foot tower floor for its corporate headquarters at Cohen Brothers Realty Corp.’s 3 Park Ave. The company expects to relocate from its current offices at 225 W. 34th St. during the second half of 2011. A Cushman & Wakefield team headed by Charles Borrok represented FX Concepts in the nearly 13-year lease, while David Nevins of Cohen Brothers Realty Corp. represented the building owner.

Law firm Murphy & McGonigle PC has leased the last available tower-floor pre-built office at The Rudin Family has completed two separate full-floor office leases at 55 Broad St.in Lower Manhattan. In one, management consulting firm Reputation Institute has leased the 10,105-square-foot 21st floor for its New York headquarters. In the other, Incisive Media, the London-based business to business information provider, has leased the similarly-sized 22nd floor. Eugene Baumstein of Rudin Management, the leasing and managing agent for the property, represented the landlord in both 10-year leasing transactions. Adam Foster and Matthew Jacobs of CBRE represented Reputation Institute while Leon Manoff and Robert Goodman of Colliers International represented Incisive Media.

Muss Development has brought in Panera Bread to 345 Adams St. for the eatery’s first Brooklyn location. Robert C. Greenstone of Greenstone Realty Corp. represented Muss Development in the 15-year deal for 4,500 square feet, and Thomas A. Rettaliata of RIPCO Real Estate Corp. represented Panera Bread.

Marcus & Millichap’s Marco Lala arranged the $10.2-million sale of a seven-building apartment portfolio near Fordham University and Kingsbridge Armory in the Bronx. The seller was Zar Property NY LLC; the buyer was Fortress CD LLC. The 155,000-square-foot portfolio includes 148 apartments.

Cignature Realty Associates said it has closed the $6.05-million sale of a six- story, 15,883-square-foot walkup multifamily at 156-158 Sullivan St. in Manhattan to Benchmark Real Estate Group, LLC.  Cignature represented both the buyer and the seller, a real estate investment company.

Highcap Group’s Josh Goldflam has arranged the sale of a three-story, 13,500-square-foot multifamily property at 484 Humboldt St. in the Greenpoint neighborhood of Brooklyn for $5.12 million. He represented both the seller and purchaser on this off-market transaction, which signed and closed within five days.

A four-story, 8,534-square-foot, 16-unit apartment building at 230 E. 32nd St. has just traded for $3.1 million to Croman Real Estate. Eastern Consolidated’s Aliza Avital and Alan P. Miller represented the seller, Harry Field Realty, and procured the buyer.

Beech Street Capital provided a $20.9-million loan to refinance an eight-building multifamily complex at 2114-2170 Crescent St. in Queens. The 10-year, fixed-rate transaction was originated by Meridian Capital, and the borrower was Aris Crescent LLC. 

Westchester County

Lord & Taylor will open a new, 80,000-square-foot location to anchor Forest City Enterprises’ Ridge Hill outdoor retail/mixed-use development currently under construction in Yonkers, NY. It will be the first new, full-line Lord & Taylor to open since the Landmark Mall location in Alexandria, VA in 2001. A Forest City spokesman tells GlobeSt.com there were no brokers in the deal.

Connecticut

100 South Shore Dr., a 44,000-square-foot office building in East Haven, CT, has sold to South Shore Drive LLC for $3.4 million.  Steven Inglese of New Haven Group represented the seller, Marcy Realty, while Tom Dineen represented the buyer in the transaction. 

Boston

In one of the year’s largest office lease transactions in Merrimack Valley, Mitchell Jacoby of CresaPartners in Boston recently represented Comcast Corp. in a 98,281-square-foot lease renewal at 330 Billerica Rd. in Chelmsford, MA. The landlord, Principal Financial Group, was represented by Kevin Malloy of Lincoln Property Co.; Comcast has been at the location for more than a decade.