State of Play Hospitality group has signed a lease to open Flight Club, a technology-enabled darts gaming facility, at 31 Union Square West in Flatiron, Manhattan. This will be the group’s first venue in Manhattan, and its ninth lease for the Flight Club brand in North America. The location will be a global flagship for the brand.
IPA Capital Markets, a division of Marcus & Millichap, announced the refinancing of 580 Broadway, a 12-story Class A office and retail property located in Soho, Manhattan. The refinancing package totaled $50 million. The building was constructed in 1900 and is located between Houston and Prince Streets. Maxi Capital Group, Sabal Investment Holdings, and GDSNY provided the $50 million office loan for the project.
The Hudson Companies and Housing Works recently celebrated groundbreaking for The Lirio, a mixed-use development located at 364 West 54th Street in Hell’s Kitchen, Manhattan. The project will transform a vacant parking lot into 112 permanently affordable homes, office space for the MTA, and neighborhood retail space. It was designed by CetraRuddy and is being built in partnership with the New York City Department of Housing Preservation & Development, the Metropolitan Transportation Authority, and other partners.The Lirio will provide 67 units of supportive housing for formerly homeless individuals, including 59 units targeted for long-term survivors of HIV/AIDS, 44 affordable homes for families earning between 30 and 120 percent of area median income, and one superintendent unit. Beyond that, the property will be home to approximately 30,000 square feet of office space for the MTA and retail space along Ninth Avenue.
Permits have been filed to expand a ten-story structure into a 29-story mixed-use building at 219 East 42nd Street in Midtown East, Manhattan. Located between Second and Third Avenues, the former Pfizer headquarters is a short walk east of the Grand Central-42nd Street subway station, serviced by the 4, 5, 6, and 7 trains. Metro Loft is listed as the owner behind the applications and has plans to convert the commercial buildings into 1,500 apartments.
