Carlton arranges equity, debt recapitalization of 104 West 40th St. tower

According to Carlton Advisory Servicesâ€š chairman Howard Michaels, Carlton has successfully arranged the equity and debt recapitalization of 104 West 40th St., a 22-story class A office tower. Carlton was engaged by Myers Mermel, one of Manhattan's most highly acknowledged leasing experts, to assist in the recapitalization of the asset at a market valuation in order for Mermel to buy out his investment partner. Carlton accessed a major insurance company who provided 95% of the equity capital along with favorable financing to effect the recapitalization on very favorable terms for the sponsor. In addition to Michaels, the transaction team was headed by Carlton senior executives Michael Campbell, partner, and John Bralower, managing director.

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Horizon Kinetics relocates new headquarters to Tishman Speyer’s Rockefeller Center

Manhattan, NY According to Tishman Speyer investment boutique Horizon Kinetics Asset Management LLC will relocate its current New York office to 18,713 s/f on the 27^th floor of 1270 Avenue of the Americas at

JLL Capital Markets facilitates $30.75 million sale of 1 North Main St. to KABR Group

JLL facilitates $30.75m sale of 1 North Main St. to KABR

Hanna Commercial Real Estate brokers Agri-Plastics 64,000 s/f manufacturing facility lease at Uniland’s 2 Steelworkers Way

Hanna Comm'l. brokers Agri-Plastics 64,000 s/f lease at Uniland’s 2 Steelworkers Way

Delisle and Monahan of Island Associates lease 45,000 s/f to Giunta’s Meat Farms at Strathmore Commons

Island Associates leases 45,000 s/f to Giunta’s Meat Farms

Delisle and Monahan of Island Associates broker 1,110 s/f lease extension for Kings Insurance

Island Associates brokers 1,110 s/f lease extension for Kings Insurance

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