Ernst & Young ’s 19.9k-SF new lease (tenant broker: Cushman & Wakefield’s Ted Stratigos ) Berdon ’s 16.1k-SF long-term renewal Nathan’s Famous ’ 12.6k-SF relocation (tenant brokers: CB Richard Ellis’ Vincent LaManna and Fountainhead Enterprises’ Jeffrey Lichtenberg ) Capital One Bank ’s 2.9k-SF renewal and 1.7k-SF expansion. ***

***

InvaGen Pharmaceuticals ’ 25.8k-SF lease at 600 Old Willets Path in Hauppauge Yale Associates ’ 23.3k-SF commitment at 25 Orville Dr. in Melville.  in Hauppauge (tenant broker: CB Richard Ellis’ Vincent LaManna ) Austin Travel ’s 20k-SF renewal at 265 Spagnoli Rd. in Bohemia (tenant broker: Oxford & Simpson’s Jeffrey Wax ) EG Systems ’ 23k-SF lease at 65 Engineers Rd. ***

Rechler Equity signed 220k-SF in recent Long Island deals, negotiated by the firm’s Harry Stavro , including:

Sales Transactions SL Green acquired a $7.6M leasehold position at 420 Lexington Ave ., also known as the Graybar Building. The transaction falls on the heels of SL Green’s purchase of W&M Properties ’ (now known as Malkin Properties ) leasehold position to simplify the ownership of the property. Cushman & Wakefield Sonnenblick Goldman advised SL Green.

Jericho Plaza in Jericho , Long Island, saw five lease transactions totaling 93.3k-SF. The Rochlin Organization’s Adam Rochlin negotiated these leases on behalf of owner Onyx Equities :

***

MiddleBrook Crossroads , an industrial development at I-287 and US Route 22 in Bridgewater , NJ, saw 100k-SF of leases. The deals, negotiated by owner Advance Realty’s Brian Banaszynski , include: Steps to Literacy ’s 31.2k-SF renewal; Bridgewater Vehicle ’s 26.5k-SF extension; Delancy Tool ’s 24k-SF extension,  Publishers Circulation ’s 14.6k-SF renewal; Mercury Insurance ’s 10.1k-SF expansion; and Northeast Power Dry ’s new 7.2k-SF lease.

Massey Knakal sold 39 co-op units at 3260 Netherland Ave. in the Bronx for $2.7M cash. Twenty-five are free market, and 14 of them are rent-stabilized. The firm’s Karl Brumback and Paul Smadbeck exclusively handled the transaction.

Lease Transactions

Franco Apparel renewed its 148k-SF warehouse/distribution lease at 210 Docks Corner Rd. in South Brunswick , NJ. CB Richard Ellis’ Scott Belfer and Lou Belfer represented the tenant.

***

Regal Wear purchased a 48k-SF warehouse at 15 Triangle Blvd. in Carlstadt , NJ from Ninth Avenue Equities for $3.6M. Team Resources’ Greg Sholom and David Cantor represented the buyer, while CB Richard Ellis’ Bill Waxman represented the seller.

1330 Avenue of the Americas saw three new leases totaling 12.4k-SF. Jones Lang LaSalle’s Frank Doyle , Cynthia Wasserberger , and David Kleiner repped owner CWCapital Asset Management in all the deals:

***

Robert Wood Johnson Foundation ’s 10-year, 4.7k-SF

Travelers ’ 35.9k-SF renewal and 4.3k-SF expansion (tenant broker: Jones Lang LaSalle’s Robert Ageloff )

Aeroflex Incorporated ’ 50.5k-SF renewal at 350 Kennedy Drive in Hauppauge

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Glens Falls Armory fails to sell at auction
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