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Recent Commercial Real Estate Transactions

2017-08-30 5 Dailymotion

Recent Commercial Real Estate Transactions<br />Buyer: Ling Jiou Mountain Buddhist Society<br />Buyer’s Broker: Leslie Wang, Essential New York Real Estate<br />Seller: 219 East 60th Street Partners LP<br />Seller’s Brokers: Clint Olsen, Alex Woodlief and Will Conrad, Cushman & Wakefield<br />$144,012 approximate annual rent<br />243 West 30th Street (between Seventh and Eighth Avenues)<br />A digital video publisher has signed a three-year lease, with yearly rent increases of three percent,<br />for 3,300 square feet on the 11th floor of this 12-story 1925 Midtown South building.<br />219 East 60th Street (between Second and Third Avenues)<br />A Buddhist group has bought this vacant 5,200-square-foot, mixed-use, five-story building, with original woodwork, ceiling-height pocket doors<br />and open floor plan offices in the design district in Midtown East.<br />The video publisher is also a digital film distributor<br />and the owner of four over-the-top channels — Yuyu, Midnight Pulp, AsianCrush and Cocoro, which are available on multiple platforms and devices without having to go through services like Comcast, Spectrum or Netflix.

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