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Roundup

Real Estate Roundup 2.7.20

120 Wall Street (Credit: CoStar)

Real Estate Roundup:

Leasing

Strand Book Store will open a new location at 450 Columbus Avenue. (Gothamist)

Target will replace the longtime Union Square supermarket The Food Emporium at the base of the Zeckendorf Towers in 2023. The big-box retailer signed a 16-year lease for 32,579 SF at Empire State Realty Trust’s 10 Union Square East. Asking rent on the deal was $183 per SF. (NYPost)

Hydra Studios, a new membership-based wellness chain that offers nap suites, showers and meditation rooms, is opening its first standalone location at Silverstein Properties120 Wall Street. The company inked a 10-year lease for the 4,220-square-foot storefront. (CO)

Data analytics firm Alteryx has signed a seven-year, 18,017 SF office lease for the the sixteenth floor of Savanna’s 19 West 44th Street. (CO)

Other news

The Moinian family will break ground on its new, $200 million Hudson Arts Building at 220 Eleventh Avenue next week. The boutique office project will take up the entire blockfront between West 25th and 26th streets. (NYPost)

East West Bank is moving to foreclose on the loans secured by the Selina Chelsea NYC property, citing a missed payment last month. In a complaint filed in state court Monday, the bank said it issued two mortgages totaling $31 million in 2013, but the borrower — a limited liability company led by Mexican hotel magnate Moises Micha — is in default. (TRD)

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