NEW YORK CITY — Lincoln Market will open a 35,809-square-foot grocery store at 660 W. 42nd St. in Midtown Manhattan. The store will be located within the River Place apartment complex and will be the grocer’s ninth overall. Scott Sher of Katz & Associates represented Lincoln Market in the negotiations for the 20-year lease. Sean Moran, Steven Soutendijk, Alan Schmerzler, Michael O’Neill and Taylor Reynolds of Cushman & Wakefield represented the landlord, Silverstein Properties. The opening is slated for the fourth quarter.
LAKE GROVE, N.Y. — Regional grocer Wegmans Food Markets will open a 101,000-square-foot store in Lake Grove, a hamlet on Long Island. The store, which will be the grocer’s first on Long Island, will be located at 3270 Middle Country Road and has a grand opening date of Wednesday, Feb. 26. Wegmans expects to employ about 500 people at the store on full- and part-time bases.
SEAFORD, N.Y. — Regional brokerage firm Horvath & Tremblay has arranged the $8 million sale of a single-tenant retail building in Seaford, located on Long Island. CVS has occupied the property at 350 N. Broadway since 2004 and has nine years remaining on its current lease term. Bob Horvath and Todd Tremblay of Horvath & Tremblay represented the undisclosed seller in the transaction. The name and representative of the buyer were also not disclosed.
NEW YORK CITY — William Grant & Sons has signed a 27,160-square-foot office lease in Manhattan’s Flatiron District. The liquor distiller and distributor plans to take occupancy of the entire second and part of the third floor at 902 Broadway, a 20-story building that was originally constructed in 1911, in summer 2025. Joseph Messina and Charles Gerace of JLL represented the tenant in the lease negotiations. Max Koeppel internally represented the owner, the Rosen Family.
NEW YORK CITY — Cushman & Wakefield has arranged the $17 million sale of an 11,183-square-foot retail condominium located at 2688 Broadway in Manhattan. The space comprises 8,158 square feet on the ground floor and 3,025 square feet on the lower level and is leased to CVS Health Corp., which has 15 years remaining on the lease. Andrew Berry and Charlie Gravina of Cushman & Wakefield represented the buyer, French investment firm Corum Asset Management, in the transaction. The seller was not disclosed.
NEW YORK CITY — M&T Realty Capital Corp. has provided a $204.9 million Fannie Mae loan for the refinancing of a 584-unit apartment tower in the Long Island City area of Queens. The 26-story building at 46-10 Center Blvd. houses studio, one-, two- and three-bedroom residences and one ground-floor retail space totaling 7,733 square feet. Amenities at the property include a fitness center, multiple lounge areas, coworking space and a rooftop terrace. The building is LEED certified. Michael Casey of M&T Realty Capital originated the debt on behalf of the borrower, locally based investment and development firm TF Cornerstone. The loan features a 35-year amortization schedule and full-term, interest-only payments. According to Casey, the loan underwriting offered the borrower “a very competitive structure.” M&T Realty Capital Corp., a Fannie Mae DUS lender, is a wholly owned subsidiary of M&T Bank that provides financing for multifamily properties, commercial income properties and healthcare facilities. In addition to apartments, TF Cornerstone owns more than 1 million square feet of retail space throughout New York City and 2.5 million square feet of office properties in Washington, D.C., and New York City, including Carnegie Hall Tower. — Kristin Harlow and Taylor Williams
NEW YORK CITY — Global Holdings will undertake a $30 million renovation of 99 Park Avenue, a 26-story, 600,000-square-foot office building in Midtown Manhattan. Designed by VOCON, the capital improvement program will feature a reimagined lobby and updated amenity spaces, including a conference center, speakeasy, barbershop and salon and an entertainment lounge with a bowling alley and golf simulator. Completion is slated for early 2026. Global Holdings has also recently secured several lease renewals and expansions at 99 Park Avenue, including a deal with Metropolitan Commercial Bank for a 52,677 square-foot extension covering floors 12-13 and a 26,802-square-foot new lease for the entire 11th floor. In addition, Philadelphia-based real estate investment firm Lubert-Adler signed an eight-year lease expansion covering 7,674 square feet for a portion of the 19th floor. Paul Glickman, Diana Biasotti, Kristen Morgan and Harrison Potter of JLL represented Global Holdings in the lease negotiations.
NEW YORK CITY — Cushman & Wakefield has arranged the $48 million sale of two office and retail buildings totaling 144,251 square feet — 128,032 square feet of office space and 16,219 square feet of retail space — in Midtown Manhattan. The buildings are located at 303 W. 42nd St. and 300 W. 43rd St. in the Times Square area and were recently renovated. Retail users include Chick-fil-A, Smashburger, 7-Eleven, Little Italy Pizza and Dunkin’. Andrew Berry and Charlie Gravina of Cushman & Wakefield represented the sellers, a pair of limited liability companies, in the transaction. The buyer was a partnership between Blake Partners, JAM Real Estate Partners and The Straus Group.
NEW YORK CITY — The Federative Republic of Brazil has renewed and expanded its office space at 220 E. 42nd Street, a 37-story building in Midtown Manhattan, by 65,331 square feet. The consulate general has renewed and extended its existing 30,030-square-foot lease. In addition, the Brazilian Mission to the United States will occupy 23,066 square feet, and the Brazilian Financial Office will occupy 12,235 square feet. Harry Blair, Tara Stacom, Barry Zeller and Pierce Hance of Cushman and Wakefield represented the landlord, SL Green, in the lease negotiations. Peter Trivelas and Justin Royce, also with Cushman & Wakefield, represented the tenant.
COMMACK, N.Y. — New York-based B2K Development has completed Sutton Landing, a 65-unit active adult community in the Long Island hamlet of Commack. Sutton Landing is a resort-style property in the community’s downtown area that is reserved for renters age 55 and over. The property exclusively offers two-bedroom units and amenities such as a pool, fitness center and a game room. The first move-ins are now underway, and rents start at $4,500 per month.