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NEWS

Copy Of - Bank of the Ozarks Lends $40M on SMA Equities’ Lower East Side Development

December 20, 2017
 

SMA Equities has scored a $39.5 million construction loan from Bank of the Ozarks for its 88-unit apartment building at 255 East Houston Street in the Lower East Side, Commercial Observer has learned.

Stallone-backed boxing gym Rumble inks lease for entire UES building The fitness chain picked SMA Equities property for third Manhattan outpost

May 22, 2017
 

Rumble, the trendy boxing gym concept backed by investors such as “Rocky” star Sylvester Stallone and Justin Bieber, has inked a deal for its third Manhattan location.

The chain is leasing an entire five-story building owned by landlord Samy Mahfar at 1495 Third Avenue between East 84th and 85th streets, sources told The Real Deal. The 12,500-square-foot, 10-year deal is valued at about $1 million a year, sources added.

Boxing Gym Backed by Stallone, Bieber Opening Upper East Side Outpost

May 23, 2017
 

A boxing gym that counts Sylvester Stallone and Justin Bieber as investors is planning to open a location on Third Avenue by the end of the year, according to the company and reports. 

Rumble, which has a location in Chelsea and is planning another in NoHo this summer, just signed a lease for 1495 Third Ave., between East 84th and 85th streets, The Real Deal reported.

4heads Artist-run Non-Profit’s 10th Season Spring Benefit and Concert Fundraiser at 113 Stanton Street

March 14, 2017

NEW YORK – 4heads will mark its 10th anniversary as one of New York City’s leading artist-run 501(c (3), non-profit charitable organizations with a spring benefit concert and art auction, entitled “Year X of 4heads and GIAF,” on Wednesday, March 15, 2017 from 7 p.m. to 10 p.m. at 113 Stanton Street, between Ludlow and Essex Streets. The event space, donated by Samy Mahfar of SMA Equities, comprises approximately 3,500 square feet on two floors, including, including a 2,000-square-foot ground level open area.

Black Tap Cooks Up Fourth Location at 177 Ludlow Street

February 13, 2017

NEW YORK – Black Tap Craft Burgers & Beer (“Black Tap”) has signed a 10-year lease for its fourth location at SMA Equities’ 177 Ludlow Street, between Houston and Stanton Streets. Black Tap was long admired in food-lovers’ circles for Michelin star-awarded chef Joe Isidori’s burgers, and it experienced a meteoric rise in popularity when its Crazy Shakes went viral on social media.

SMA Equities Spreads Holiday Cheer to LES Community and Beyond

December 23, 2016
 

NEW YORK – In the spirit of the Christmas and Chanukah holiday season, SMA Equities is spreading joy by donating funds, services, and goods to various groups serving the community on the Lower East Side of New York City.  Planned charitable programs for 2017 include participating in local food pantries, working with senior housing groups, and continuing the pop-up art gallery programs in commercial spaces available in SMA Equities-owned properties.

Clicks to Bricks: Online Athletic Apparel Line Opens Debut Store

December 16, 2016
 

NEW YORK – SMA Equities has arranged a knockout lease for Roots of Fight’s first brick-and-mortar location. The brand is known for its celebration of boxing and martial arts achievements through apparel. The popular online brand can now be found at 130 Allen Street around the block from the East Coast MMA Fight Shop at 131 Orchard Street, sharing a contiguous wall.

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