Deals of the Day: April 22

Leases

Three tenants recommit to Plaza District office 

Address: 485 Madison Ave., Manhattan 
Landlord: Jack Resnick & Sons
Tenants: Zuckerman Spaeder LLP, Pembrook Capital Management and Nyca Partners
Lease size: 25,000 square feet
Lease term: Five years, for Pembrook Capital and seven years for Nyca Partners. Zuckerman’s term is not known. 
Asset type: Office space 
Brokers: Adam Rappaport and Brett Greenberg represented Jack Resnick & Sons in-house for all transactions. Corey Borg of Newmark represented Pembrook Capital Management. Joseph Gervino of Avison Young represented Zuckerman Spaeder. Nyca Partners’ representation is unknown.

Sales

Newly constructed building sells across the street from Rockefeller Center 

Address: 12 W. 48th Street 
Seller: Cydonia W48 LLC
Buyer: 12 West 48th Street

→ Continue reading at Crain's New York Business

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