New York & Tri-State + Apartments | March 25, 2021

CushWake Markets Residential, Mixed-Use Portfolio Across Downtown and Midtown

Cushman & Wakefield has been retained to arrange the sale of The Metro Portfolio, a 13-building portfolio located mainly in Lower Manhattan and totaling 112,300 square feet. The firm’s Robert M. Shapiro, Michael Gembecki, Andrew Berry, Nicholas Kontos, Austin Fabel and Charlie Gravina are leading marketing efforts.

“The Metro Portfolio is a rare collection of 13 residential and mixed-use properties located throughout some of Manhattan’s most desirable neighborhoods,” said Gembecki. “Featuring highly-desirable retail storefronts in thriving residential markets, this portfolio boded well during the pandemic and is poised to appreciate substantially when the city fully reopens.”

The Metro Portfolio contains 161 rental apartments, 11 retail storefronts and four commercial units. It includes 101-109 W. 10th Street, 473 Sixth Ave., 191-197 Seventh Ave., 335 W. 19th St., 312 W. 21st St., 357-359 W. 22nd St., 320-326 W. 55th St. and 329-333 W. 55th St.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).