Wednesday June 19, 2013
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| Jason Kidd On Hand for Launch of Dwight School Athletic Facility in East Harlem |
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BY AL BARBARINO
The Dwight School’s newly refurbished 40,000-square-foot athletic facility opened last week in East Harlem and the Brooklyn Nets’ new head coach Jason Kidd was on hand to give it his personal stamp of approval.
Stephen Spahn, the school’s chancellor and a former Dartmouth all-American basketball player, class of 1963, said the former NBA star is just one member of the school’s extended family showing support.
“The basketball world is very small and Jason is a friend,” he said, recalling that he once guarded New York Knicks legend Bill Bradley. “I have told him that I challenge him to a free throw contest. I was a great free throw shooter.”
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| 1450 Broadway Welcomes Taiwanese Airline |
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BY GUS DELAPORTE
EVA Airways, the second largest Taiwanese airline, has signed a lease for the entire 3,771-square-foot 31st floor at 1450 Broadway, where asking rents for the tower range from $65 to over $70 per square foot.
“EVA Air might not be a household name to you and me but it is a major corporate tenant,” Jonathan Fanuzzi, broker at Jones Lang LaSalle, who represented the landlord The Zar Group, told The Commercial Observer. Mr. Fanuzzi declined to comment on the exact term of the airline’s lease, but did say it was between five and 10 years.
The property at 1450 Broadway, which was acquired by The Zar Group for $204 million in 2011 from a partnership comprised of The Chetrit Group, The Moinian Group and Minskoff Equities, is currently undergoing a significant renovation, including a redesigned lobby.
To read the full story, click here
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| Petland Roars Into Stuyvesant Town |
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BY BILLY GRAY
In another instance of turnaround at The Shops at Peter Cooper Village and Stuyvesant Town, Petland signed a 15-year, 1,909-square-foot lease at 332 First Avenue, The Commercial Observer has learned. It will be next door to Second Time Around, a consignment shop that in April inked a deal at 334 First Avenue.
Scott Galin and Darell Handler of Handler Real Estate represented the tenant. Bruce Spiegel and William Bergman of Rose Associates represented Peter Cooper Village and Stuyvesant Town. Asking rent was $110 a foot.
“This location is highly visible from the street, and Petland will enjoy the steady foot traffic along this eastern portion of First Avenue near 18th Street,” said Mr. Spiegel in a prepared statement.
To read the full story, click here
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