Gil Robinov and 801 Second Avenue

The Permanent Mission of Paraguay signed a 10-year lease for 3,500 square feet of office space at 801 Second Avenue at 43rd street, relocating from its previous 3,000-square-foot space on the fourth floor of 211 East 43rd Street. NAI Global New York City’s Gil Robinov and Jesse Teitel represented the mission, working with Jack Forgash of Tri-Realty Management Corp., who owns the building. The transaction is valued at approximately $1.4 million. The mission will occupy its new space beginning Aug. 1. TRD

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The Singapore government paid $29.5 million for a 40,000-square-foot
garage building near the United Nations that will be converted to
office space, a broker on the deal said. The Government of the Republic of Singapore closed on the purchase of
318 East 48th Street, between First and Second avenues, Oct.1,
according to Gil Robinov, executive managing director at brokerage NAI
Global New York City, who represented the southeast Asian nation. The seller was Chapman Consulting Group, an owner and operator of
garages, and was represented by David Noonan at Newmark Knight Frank, a
statement from NAI Global said. Note: Correction appended.
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