Sept. 6, 2017 | News
Eastern Consolidated Arranges $52 Million Construction Loan for Luxury Condominium Development in Tribeca
Eastern Consolidated’s Capital Advisory Division has secured a $52 million bank loan to finance the construction of 65 West Broadway, a 23-unit luxury residential condominium development with ground floor retail that will span the entire block of West Broadway between Warren and Murray Streets in Tribeca.
Managing Director Adam Hakim and Director James Murad arranged the loan with a construction lending bank on behalf of the sponsor Cape Advisors.
“The 23 luxury condos will feature 10 to 12-foot ceiling heights, oversized windows, and high-end finishes and fittings across 42,000 square feet on floors two through 10,” Hakim said. “The one, two, three, and four bedroom units will range in size from 855 square feet to 3,360 square feet and nearly half will have private outdoor space. The building’s amenities will include a doorman, fitness room and resident lounge.”
Sept. 7, 2017 | News
Eastern Consolidated Secures Prime SoHo Space for Celebrity Tattoo Artist Bang Bang
Celebrity tattoo artist Bang Bang, whose clients include Rihanna, Lebron James, Katy Perry, Miley Cyrus, and Justin Bieber, plans to open a second Manhattan location at 62 Grand Street after signing a lease arranged by Eastern Consolidated’s Retail Leasing team.
Senior Director and Principal James Famularo represented the landlord, and Associate Director Greg Goldberg represented Keith “Bang Bang” McCurdy in negotiating a 10-year lease for the space, which offers 12-foot high ceilings, 2,200 square feet on the ground floor, and 2,200 square feet on the lower level.
Goldberg initiated the search after seeing a request on Snapchat from tattoo artist JonBoy. He later learned that JonBoy would start working for Bang Bang after they secured a second location.
“Social media is playing a greater role in the real estate market today and I was pleasantly surprised to learn from JonBoy that he was looking for space for Bang Bang, the greatest tattoo artist in the world,” Goldberg said. “I spent several months showing Bang Bang locations in SoHo, but ultimately he decided on the space at 62 Grand Street.”