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School Construction Authority Pays $21M For Brooklyn Building

School Construction Authority Pays $21M For Brooklyn Building
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Recent Commercial Real Estate Transactions

ON THE SCENE: Latest middle market sales, exclusives

ON THE SCENE: Latest middle market sales, exclusives
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ON THE SCENE: Latest middle market sales, exclusives

SALES The McSam Hotel Group has sold a 7,000 s/f, three-story building at 152 West 24th Street between Sixth and Seventh Avenues (pictured top) for $7.68 million. Joe Genovese of Lee Odell Real Estate represented the seller. Savills represented the buyer, Bideawee animal welfare and pet adoption organization. The nonprofit will re-locate from its Midtown East location and, following a comprehensive renovation of the building, the property will serve as a state-of-the-art pet adoption center. Bideawee projects a move in date of fall 2021. The current Manhattan location, at 410 East 38 Street, is expected to be listed for sale in Spring 2021. In the adjacent open-air lot that Bideawee also purchased, the organization will launch an Animal Enrichment and Training Center, which will be home to a dog play and exercise area for resident dogs. The project’s architect of record is TMA, Ted Moudis & Associates, and planning and design are being imagined and implemented by RFA, Rauhau

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