Target Leases 48,798 SF In Harlem Mixed-Use Project With Affordable Housing And Museum

The lease transaction involves a mixed-use property located at 121 W 125th St, New York, NY, 10027. Target signed a lease in April for 48,798 square feet in this new-construction building. The $242 million mixed-use project in Harlem will also include 170 units of affordable housing and a civil rights museum. Richard Skulnick represented Target in the deal, while BRP, Dabar Development, L+M Development Partners, Taconic Partners, and the Prusik Group were represented in-house.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: Not provided
• Address: 121 W 125th St, New York, NY, 10027
• Market: New York
• Tenant's Rep: Richard Skulnick
• Landlord: Prusik Group
• Square Feet: 48,798

The negotiations for the lease were spearheaded by Richard Skulnick, representing Target, in securing 48,798 square feet in the new-construction building. The collaboration also involved BRP, Dabar Development, L+M Development Partners, Taconic Partners, and the Prusik Group, each contributing to different aspects of the deal.