NEW YORK CITY — JLL has arranged a $19 million loan for the refinancing of a portfolio of five multifamily buildings totaling 42 units in Brooklyn. Known as the Edifice Portfolio, the newly renovated buildings are located at 431-433 Wythe Ave. and 313 S. 4th St. in Williamsburg and 19-21 Columbia Place in Brooklyn Heights. Jillian Mariutti and John Flynn of JLL arranged the loan through City National Bank on behalf of the borrower, local investment firm Edifice Real Estate Partners.
NEW YORK CITY — Candid Health, a provider of healthcare revenue cycle software, has signed a 28,687-square-foot office lease in Midtown Manhattan. The lease term is seven years, and the space is located on the third floor of the building at 675 Avenue of the Americas. Justin Haber, Kyle Riker and Emma Gill of JLL represented the tenant in the lease negotiations. Anthony Sciacca and Scott Gutnick of Newmark, along with internal agents Jeffrey Gural and Alphie Toro, represented the landlord, GFP Real Estate.
NEW YORK CITY — Perplexity has signed an office lease expansion in Manhattan’s Union Square area. The AI platform now occupies 22,000 square feet across two full floors within the adjoining buildings at 841-853 Broadway. Andrew Wiener, Robert Fisher and Henry Korzec represented the landlord, The Feil Organization, in the lease negotiations on an internal basis. Marcella LaHara, Derek Feinman and Adam Spector of Newmark represented Perplexity.
POUGHKEEPSIE, N.Y. — Regional brokerage firm The Kislak Co. Inc. has negotiated the $8.3 million sale of Hamilton Garden Apartments, a 58-unit building in Poughkeepsie, located north of New York City. The property consists of seven two-story buildings that were built between 1925 and 1965 and house studio, one- and two-bedroom units, as well as onsite laundry facilities. Janet Bortz of Kislak brokered the deal. The buyer and seller were not disclosed.
NEW YORK CITY — Zeta Charter Schools will open a 35,000-square-foot temporary high school facility in the Washington Heights area of Upper Manhattan. The lease term is two years, and the space is located within St. Rose of Lima Catholic Church. Lindsay Ornstein and Alexander Smith of OPEN Impact Real Estate represented Zeta Charter Schools in the lease negotiations. The landlord, the Archdiocese of New York, was self-represented.
WHITE PLAINS, N.Y. — ACRES Capital Corp. has provided a $96 million construction loan for 70 Westchester, a new multifamily project in White Plains, located north of New York City. The number of units and floor plans was not disclosed, but residences will be furnished with quartz countertops and “high-quality” kitchen and bathroom finishes. Amenities will include a pool, private dining room, coworking lounge, rooftop terrace, fitness center and an esports lounge. Completion is slated for fall 2027. The developer was also not disclosed.
NEW YORK CITY — Locally based brokerage firm TerraCRG has negotiated the $6.1 million sale of a 7,200-square-foot mixed-use building located at 390 Court St. in Brooklyn’s Carroll Gardens neighborhood. Chase Bank occupies the building’s ground-floor retail space, and Cobble Hill Ballet previously occupied the space on the upper floors. Rémi Norris and Matt Cosentino of TerraCRG represented the seller, an undisclosed family office, in the transaction. The buyer was also not disclosed.
NEW YORK CITY — Marcus & Millichap has brokered the $5.6 million sale of an 11,850-square-foot industrial building in Brooklyn. Constructed in 1931, the building at 30 Richards St. is located in the Red Hook neighborhood and includes two drive-in doors, mezzanine storage and second-floor office space. Jesse Kay and Jakub Nowak of Marcus & Millichap represented the seller in the transaction. Haritini Pandis of Compass Real Estate represented the buyer. Both parties requested anonymity.
NEW YORK CITY — Withers has signed a 33,000-square-foot office lease in Midtown Manhattan. The international law firm is relocating its New York headquarters from 430 Park Avenue to the 54th floor of 30 Rockefeller Plaza. Cynthia Wasserberger, Michael Berg, Bobby Blair and Sofia Bruno of JLL represented Withers in the lease negotiations. Blythe Kinsler and Kate Walker represented the landlord, Tishman Speyer, on an internal basis.
NEW YORK CITY — Locally based brokerage firm Brax Realty has arranged the $10.2 million sale of a multifamily development site in the Long Island City area of Queens. The site at 42-73 and 42-71 Hunter St. can support 24,885 buildable square feet of residential product. Cole Kinney Leonhardt of Brax Realty represented the buyer and seller, both of which requested anonymity, in the transaction.
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