Time Equities acquires 176,000 s/f Midtown South building: $70.5m

Time Equities Inc. (TEI) recently purchased a 176,594 s/f commercial property at 127-135 W. 33rd St. from Savanna Partners and The City Investment Fund for $70.5 million. Plans for the property include retaining the retail portion for long-term rental income and possible conversion to office condominiums for the non-retail space. Francis Greenburger and Bijan Karimian of Time Equities Inc., represented TEI, while Woody Heller and Will Silverman of Studley Inc., represented the seller in the transaction. Built in 1960, the 16-story building boasts an attended lobby and 24/7 access. The property, known as The Children's Wear Building, has 19,000 s/f of retail space.

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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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