News

Compleat Sculptor Moving to Chelsea

The unique supply store The Compleat Sculptor is moving to 110 W. 19th St. in Chelsea. Its new, 13,500-square-foot lower level space has an entrance on the ground floor of the eight-story office building. Lowe’s and The Container Store are down the block at Sixth Avenue. Jake Bank and Joseph Italiaander of ABS Partners Real Estate represented the tenant in the 10-year deal...
Read the article

MetLife Lends $51M to Refinance SI Outdoor Shopping Center

MetLife has provided a $51 million loan to Pergament Properties to refinance the 360,000-square-foot Pergament Mall at 2795 Richmond Avenue in Staten Island, NY, Commercial Observer has learned. The 15-year, full-term and interest-only loan has a rate of 4.02 percent, sources told CO. The property is located adjacent to the massive, 1.3-million-square-foot Staten Island Mall on Richmond Avenue. Robert Altman, a co-managing partner at ABS Altman Warwick—a capital markets advisory shop that operates under ABS Partners Real Estate—originated the debt on behalf of the borrower...
Read the article