Flex warehouse operator ReadySpaces has leased 90,000 square feet of space in a Chetrit-owned industrial property in Ridgewood, Queens, according to the tenant’s brokers. The 10-year deal at 59-10 Decatur Street, between Forest and Myrtle avenues, is ReadySpaces’ first lease in New York City, The Real Deal reported last week. The brokers involved in the deal declined to provide the asking…
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Andrew Chung’s Innovo Property Group is making another big bet on an industrial project in the Bronx. The plan would be a windfall for owners Joshua and Jack Guttman, whose company, Pearl Realty Management, bought the site for $24 million in 2016. The Guttmans would remain part of the project as a lender. Jack Guttman did…
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Legal services firm Prime Clerk has expanded its lease at the former Liberty View Industrial Plaza in Sunset Park, Brooklyn, Commercial Observer has learned. David Junik, Steve Nadel, Mark Caso and Nechama Liberow of Pinnacle Realty represented the building. Read more at The Commercial Observer
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The New York City Department of Transportation is nearing a deal to lease a vacant 92,000-square-foot building at 101 Varick Avenue in East Williamsburg, Brooklyn, Commercial Observer has learned. David Junik and Abraham Lowy of Pinnacle Realty are handling the transaction for the landlord and declined to comment. Read more at Commercial Observer
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