Bruck of Time Equities completes three loans totaling $7.482 million

Stuart Bruck of Time Equities, Inc closed the following three loans totaling $7.482 million: * A $2.5 million loan closed that was secured by a five-story walk-up apartment building with 10 apartments. All of the apartments have two bedrooms. The building is located at 316 Second Ave. on the East Side. * A $2.2 million loan which was secured by a leasehold mortgage. The leasehold was structured with a 90-year term which benefits from five sub-leases to retail stores on Columbus Ave. The loan had an interest rate of 4.57% for five years. * A financing structure totaling $2.782 million secured by a five-story walk-up apartment building with two stores and 22 four room apartments. The building is located on 502 Amsterdam Ave. at 85th St. The loan was structured with a $582,000 first mortgage and a line of credit in the amount of $2.2 million. Interest payments on the line of credit will only be due if funds are drawn upon.

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Meridian Capital Group arranges 10-year retail lease for Mess at 236 West 10th St.

Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10^thSt. in Greenwich Village

Houlihan Lawrence Commercial sells residential development site for $2.1 million

Houlihan Lawrence sells development site for $2.1m

GFP Real Estate signs Knit Illustrated to 4,051 s/f five-year lease at 247 West 37th St.

GFP R.E. signs Knit Illustrated to 4,051 s/f at 247 West 37th St.

The Feil Organization signs 15-year, 46,000 s/f renewal with Thompson Coburn LLP at 488 Madison Ave.

Feil signs 46,000 s/f renewal with Thompson Coburn at 488 Madison Ave.

Cushman & Wakefield arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma, LLP

C&W arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma

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