989 6th Ave. is 91,050-sf, 21-story building owned and managedby Himmel and Meringoff Properties. The fully occupied building'stenants include Coleman Research Group LLC, National JewishOutreach Program and United Alliance Foundation Inc. Azita Aghravi,senior director at Eastern Consolidated, is said to be Chetrit'sbroker. Eastern Consolidated declined to comment.

Chetrit's other buy lands him the 131,900-sf, 97.7%-occupied 240W. 37th St. The 3,000 sf available in the building is on the marketfor $12 per sf, according to a source. Major tenants includeKesselman Trimmings Inc., Biana Liquidators and Auctioneers LLC andRina Rossi Inc. Grubb & Ellis' Vin Carrega and Neil Helman weremarketing the property. They both declined to comment on the deal.Alan Helman of Walter and Samuel is said to be representing Chetritin the deal. He did not return calls seeking comment about thepending sale.

Walker tells GlobeSt.com that Chetrit will likely renovated thebuilding, he will "have no choice because in order to come out ontop when you buy a building at that price, eventually you need togets rents to the upper $20s per sf. The unusually large floorplates for a side-street building, great light and "nice bones"Walker says made the building attractive. The downside he saw wasthat most of the leases don't expire until 2010 or 2011.

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