Houlihan Lawrence Commercial facilitates $2.1 million retail sale
BROKERAGE Jack Resnick inks 28,970 s/f office lease at 880 Third Ave.
EASTCHESTER, NY Houlihan Law- rence Commercial, a division of Houlihan Lawrence, facilitated the sale of a 3,200 s/f retail building at 17-19 Mill Rd. The sale price was $2.1 million. Michael Scrima, director/asso- ciate real estate broker of the SG Realty Team at Houlihan Lawrence Commercial with Sean Campbell, real estate salesperson at Houlihan Lawrence Commercial represent- ed the buyer and seller. QUEENS, NY Thomas Galo of RTL represented the landlord in a retail lease at 41-05 29 th St. in Long Island City, securing Astra Hospitality for the building’s ground-floor retail space. Astra Hospitality signed a 10- year lease for 2,407 s/f at the base of the property’s 86-unit luxury condominium tower in the Queens Plaza North neighborhood. The asking rent for the space was $85 per s/f. Galo represented the landlord, Hazelton Capital Group & SB Development, in the trans- action. Victor Terzi of Isaacs & Company represented the tenant. Astra Hospitality is a new hospitality group led by an experi- enced restaurateur behind several
MANHATTAN, NY Jack Resnick & Sons publicized four lease agreements totaling 28,970 s/f at 880 Third Ave., its 18-story boutique office tower located in the Plaza District. Resnick welcomes financial institution Private Export Funding Corp. (PEFCO), which signed a 13- year lease for 9,577 s/f across the entire 9 th floor. PEFCO relocated to its new space from 675 Third Ave. Nonprofit Finance Fund will relocate to 8,393 s/f across the entire 12 th floor this summer from 5 Hanover Sq. in Lower Manhattan as part of a 12-year lease. The Permanent Mission of Be- lize to the United Nations signed a 12-year lease and will relocate from 675 Third Ave. to 4,345 s/f on the 13 th floor later this summer. Resnick agreed to a seven-year lease extension with FHS Risk Management for 6,655 s/f across the entire 14 th floor. The insurance consulting firm has been a tenant in the building for over two decades. Jack Resnick & Sons was repre- sented by an in-house team of Brett Greenberg and Adam Rappaport. PEFCO and the Permanent Mis- sion of Belize to the United Nations was represented by Gordon Ogden and Ava Beganovic of Bradford Allen. Nonprofit Finance Fund was
17-19 Mill Road - Eastchester, NY
Galo of RTL signs Astra Hospitality to 2,407 s/f at 41-05 29 th St.
courtesy of Jack Resnick & Sons.
represented by Lindsey Orenstein, Stephen Powers and Sasha Perlov of OPEN Impact Real Estate. FHS Risk Management was represented by Zev Holzman and Jordan Ka- liner of Savills. “We’re pleased to have PEFCO, Nonprofit Finance Fund and the Permanent Mission of Belize make 880 Third their new home, while continuing our long-standing rela- tionship with FHS,” said Jonathan Resnick, president of Jack Resnick & Sons. “These transactions reflect the resurgence of the Third Ave. corridor and the overall strength of the Midtown office market.”
Manhattan and Brooklyn con- cepts, including Red Sorghum, Blue Willow, Ye’s Apothecary and Bar Baserri. The Long Island City location will debut as a café and wine bar concept.
The property is located in a retail corridor of Long Island City, with nearby tenants including Finback Brewery, FER, Planet Fitness and Pueblo Querido Cof- fee Roasters.
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