Mark Zborovsky & Co. closes sale of 16 unsold sponsor units

A block of 16 unsold sponsor units in Greystone Condominium at 127 West 82nd St. has just been sold, according to Mark Zborovsky, president of Mark Zborovsky & Co., Inc. The property is a 10-story pre-war building located two blocks off Central Park in the Upper West Side area and sold for just under $6 million. According to Zborovsky, the market of unsold sponsor unit blocks is still very active. Although the purchases of rent-regulated sponsor unit blocks have always been difficult to finance, the current lack of general financing has not affected this segment of New York real estate yet. This marks the eigth bulk sale of sponsor units Mark Zborovsky has closed on this year.

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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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Columns and Thought Leadership

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Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.

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