Peter Carillo, Principal/Senior Managing Director of HKS Real Estate Advisors and Ben Tapper, Senior Managing Director of Lee & Associates NYC, have negotiated a 99-year leasehold at 777 Eighth Avenue, between West 47th and West 48th Streets. Carillo and Tapper represented the property owner, 777 Eighth LLC, and Joseph Genovese of Lee Odell Real Estate represented the tenant, TSGL Eighth Avenue LLC, a developer who plans to erect a 200-key hotel. This is the second leasehold that Carillo and Tapper have created for this owner in this neighborhood in the last three years.
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