American Realty Capital buys Interior Design Building for $32.7 Million
A deed recorded yesterday, July 8th 2010, shows that American Realty Capital has bought the Interior Design Building at 306 East 61st Street for $32,755,955, or $561 per square foot. The building features 51,640 square feet of office space and 6,700 of retail space. American Realty Capital has invested in several properties in New York…
Retail Spaces For Lease in New Developments
We have taken a look at several retail spaces available for lease in new developments across Manhattan. 1. 150 Amsterdam Avenue 150 Amsterdam Avenue is the site of a new 42-story rental designed by Handel Architects, according to Curbed. Two retail spaces, totaling 22,691 square feet are available for lease in the building, according to…
Retail Spaces Available for Lease on Madison Avenue
The retail corridor on Madison Avenue, between 57th and 72nd Streets, has historically been one of the most expensive retail stretches in the City. Retail leases have ranged between $750 and $1250 per square foot, according to a retail report compiled by brokerage Cpex Real Estate which analyzed new leases finalized between July 2009 and…
Strong start for NYC Commercial Property Segment
New York City has already seen a strong start for the year in the commercial properties sector with 3 recorded sales over $50,000,000 since the beginning of 2010. In comparison with the past year, the biggest transaction in January 2009 was a $11.75 million deal in the Bronx, involving an apartment building and an adjacent…
NYC Map Plots Vacant Retail Space
Part of our effort to build a comprehensive commercial listings engine in New York City (please refer to The Real Deal article for details) is to empower our users with new and unique search tools. One of our new tools is a retail space vacancy map. We now map vacant stores across New York City,…
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