New York & Tri-State + Retail | May 5, 2021

Greystone Secures Retail Leases in Harlem, Brooklyn

Greystone has secured two long-term leases at its mixed-use properties in Harlem in Northern Manhattan and Park Slope in Brooklyn. Both leases were negotiated by Daniel D. DePasquale of Katz & Associates.

At 69 E. 125th St. in Harlem, Greystone leased 3,500 square feet to Detect, a COVID-19 data collection center. The retail space was previously occupied by the Mike Bloomberg presidential campaign.

At 225 4th Ave. in Brooklyn, Greystone leased 1,850 square feet to UPS for 10 years, adding an important amenity for the residents of the 12-story, 63-unit property, which was completed in 2018.

“We are thrilled with the addition of UPS in Park Slope and Detect in Harlem – both services that are highly critical to living in New York City today and will provide added convenience to our tenants and the surrounding communities alike,” said Thomas Ryan, head of Greystone Development.

Pictured: 69 E. 125th 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).

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