New York

$45M portfolio trade includes Gawker offices

198, 202 and <a class="lavamap_link" style="text-decoration: none !important; color: inherit; box-shadow:none !important; pointer-events: none; cursor: default;" href="https://lavamap.com/property/208-Elizabeth-Street-New-York-NY-10012/1004920010-0" target="_blank" data-address="208%20Elizabeth%20Street%2C%20New%20York" data-label="208%20Elizabeth%20Street" data-url="https%3A%2F%2Flavamap.com%2Fproperty%2F208-Elizabeth-Street-New-York-NY-10012%2F1004920010-0" data-bbl="1004920010" data-blockValue="00492" data-lotValue="0010" data-zipcode="10012" data-bldgArea="23%2C970" data-bldgDepth="94" data-bldgFront="51" data-landUse="Comm%20%26%20office%20buildings" data-lotArea="5%2C018" data-lotFront="51.25" data-lotDepth="97.92" data-retailArea="5%2C000" data-resArea="0" data-officeArea="15%2C000" data-garageArea="0" data-strgeArea="3%2C970" data-factryArea="0" data-otherArea="0" data-bldgClass="O5" data-primaryZoning="C6-2" data-commercialOverlay="" data-far="6.02" data-buildable="30%2C208" data-airRights="6%2C222" data-propertyNeighborhood="Nolita" data-latitude="40.722202286033" data-longitude="-73.9940858244532" data-moreList="%5B%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FviewOnMap.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F208-Elizabeth-Street-New-York-NY-10012%5C%2F1004920010-0%22%2C%22urlLabel%22%3A%22View%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2Fownership.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F208-Elizabeth-Street-New-York-NY-10012%5C%2F1004920010-1%22%2C%22urlLabel%22%3A%22View%20Ownership%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FleaseComps.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Ftherealdeal.com%5C%2Fnew-research%22%2C%22urlLabel%22%3A%22TRData%22%7D%5D" data-articleList="%5B%5D" rel="noopener">208 Elizabeth Street</a>

198, 202 and 208 Elizabeth Street

The gossip blog Gawker has a new landlord, after a four building portfolio traded along Elizabeth Street in Nolita in a $45.2 million deal financed by Deutsche Bank.

Sources told the New York Observer that New Rochelle, N.Y.-based S.W. Management — run by Stanley Wasserman and his sons Alan and Mark — acquired four buildings from Ozi Management located at 198-200, 202, 204-206 and 208-210 Elizabeth Street.

Gawker has leased the top floor of the four-story 208-210 Elizabeth Street building — which includes 15,000 square feet of office space and 5,000 square feet of retail — for nearly five years.

The four-story 204-206 Elizabeth Street building features 15,000 square feet of office space, where the seller, Ozi Management is keeping an office. The other two properties — both six stories and total approximately 15,000 square feet — are mostly residential buildings. [NYO] –Christopher Cameron

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New York

$45M portfolio trade includes Gawker offices

198, 202 and <a class="lavamap_link" style="text-decoration: none !important; color: inherit; box-shadow:none !important; pointer-events: none; cursor: default;" href="https://lavamap.com/property/208-Elizabeth-Street-New-York-NY-10012/1004920010-0" target="_blank" data-address="208%20Elizabeth%20Street%2C%20New%20York" data-label="208%20Elizabeth%20Street" data-url="https%3A%2F%2Flavamap.com%2Fproperty%2F208-Elizabeth-Street-New-York-NY-10012%2F1004920010-0" data-bbl="1004920010" data-blockValue="00492" data-lotValue="0010" data-zipcode="10012" data-bldgArea="23%2C970" data-bldgDepth="94" data-bldgFront="51" data-landUse="Comm%20%26%20office%20buildings" data-lotArea="5%2C018" data-lotFront="51.25" data-lotDepth="97.92" data-retailArea="5%2C000" data-resArea="0" data-officeArea="15%2C000" data-garageArea="0" data-strgeArea="3%2C970" data-factryArea="0" data-otherArea="0" data-bldgClass="O5" data-primaryZoning="C6-2" data-commercialOverlay="" data-far="6.02" data-buildable="30%2C208" data-airRights="6%2C222" data-propertyNeighborhood="Nolita" data-latitude="40.722202286033" data-longitude="-73.9940858244532" data-moreList="%5B%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FviewOnMap.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F208-Elizabeth-Street-New-York-NY-10012%5C%2F1004920010-0%22%2C%22urlLabel%22%3A%22View%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2Fownership.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F208-Elizabeth-Street-New-York-NY-10012%5C%2F1004920010-1%22%2C%22urlLabel%22%3A%22View%20Ownership%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FleaseComps.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Ftherealdeal.com%5C%2Fnew-research%22%2C%22urlLabel%22%3A%22TRData%22%7D%5D" data-articleList="%5B%5D" rel="noopener">208 Elizabeth Street</a>

198, 202 and 208 Elizabeth Street

The gossip blog Gawker has a new landlord, after a four building portfolio traded along Elizabeth Street in Nolita in a $45.2 million deal financed by Deutsche Bank.

Sources told the New York Observer that New Rochelle, N.Y.-based S.W. Management — run by Stanley Wasserman and his sons Alan and Mark — acquired four buildings from Ozi Management located at 198-200, 202, 204-206 and 208-210 Elizabeth Street.

Gawker has leased the top floor of the four-story 208-210 Elizabeth Street building — which includes 15,000 square feet of office space and 5,000 square feet of retail — for nearly five years.

The four-story 204-206 Elizabeth Street building features 15,000 square feet of office space, where the seller, Ozi Management is keeping an office. The other two properties — both six stories and total approximately 15,000 square feet — are mostly residential buildings. [NYO] –Christopher Cameron

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