Freidus of Andover Realty brokers $22 million sale of 40,500 s/f Manhattan parking facility

For the second time, Steve Freidus, president of Andover Realty, Inc., has brokered the sale of the Avis parking facility at 234 East 54th St. He generated a price of $22 million. It is believed to be one of the highest prices paid by a user or private investor for a free-standing multi-story parking garage in the area. Several years ago, Freidus brokered the sale of the same Avis property on behalf of the Tisch family and Charles Benenson. The price was $12.2 million. The 40,500 s/f facility is one of the largest garages that has been sold since the year 2000. In addition to brokering the Avis property for an aggregate consideration of $35 million, Freidus has also negotiated the sale of the garage at 161 West 132nd St. for $5.2 million and 439 East 77th St. for $12.3 million. Andover Realty has brokered 1 million s/f of parking facilities in the New York metro area.

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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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