Deals of the Day: Nov. 19

Leases

Chubb signs on as 550 Madison’s anchor tenant

Address: 550 Madison Ave., Manhattan
Landlord: Olayan Group
Tenant: Chubb
Lease size: 240,000 square feet
Asset type: Office
Brokers: The landlord was represented by CBRE.

Read more about the deal here.

Sales

HUBB NYC buys 3 apartment buildings on Upper East and Upper West Side

Addresses: 514 E. 88th St., 182-186 Columbus Ave., Manhattan
Seller: AIR Communities
Buyer: HUBB NYC
Sales price: Approx. $38.4 million
Asset type: Multifamily

Okada & Company buys Chelsea warehouse

Address: 109 W. 24th St., Manhattan
Seller: Montauk Rug and Carpet Corp.
Buyer: Okada & Company
Sales price: Approx. $16.3 million
Asset type: Industrial

Lonicera Partners buys Downtown Brooklyn mixed-use building

Address: 287 Livingston St., Brooklyn
Seller: 287

→ Continue reading at Crain's New York Business

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