{"id":171451,"date":"2026-03-22T20:06:34","date_gmt":"2026-03-22T20:06:34","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/171451\/"},"modified":"2026-03-22T20:06:34","modified_gmt":"2026-03-22T20:06:34","slug":"bfc-partners-doubling-floor-space-in-move-to-manhattans-17-state-st","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/171451\/","title":{"rendered":"BFC Partners doubling floor space in move to Manhattan’s 17 State St."},"content":{"rendered":"

BFC Partners, one of the city\u2019s leading pioneers in affordable housing development, outgrew its tiny Brooklyn digs. So it\u2019s doubling its floor space in a move to 14,000 square feet at RFR\u2019s 17 State St. in Manhattan.<\/p>\n

BFC has created and preserved more than 15,000 affordable apartments in all five boroughs and expanded to Buffalo and Syracuse. Its largest current projects are a three-building complex on Surf Avenue in Coney Island and 9 Essex Crossing in Manhattan.<\/p>\n

\"The
\n17 State Street is a 42-story office tower in the Financial District of Lower Manhattan. ZnoopTree \u2013 stock.adobe.com<\/p>\n

Joe Ferrara, a BFC partner, termed the move \u201can important milestone for us that represents thr growth of our team and the evolution of our services.\u201d<\/p>\n

A Cushman & Wakefield team represented BFC in the new lease.<\/p>\n

Lungi, a Sri Lankan\/South Indian restaurant with Michelin \u201cbib gourmand\u201d honors, is making the leap from Manhattan to Queens.<\/p>\n

The restaurant, which will remain at 1166 First Ave. on the Upper East Side, will add a second outpost at 31-19 Newtown Lane in Astoria. The 15-year lease is for 5,000 square feet, one of the neighborhood\u2019s largest dining venues. The asking rent was $400,000 a year.<\/p>\n

The landlord, Phoenix Management, was repped by prolific Meridian Retail Leasing president James Famularo with Jacob Mayer and Marcelo Demoraes. Famularo said Lungi, led by Mervyn Winston and chef\/partner Albin Vincent, \u201cbrings together an extraordinary group of chefs each contributing their own culinary traditions and techniques.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"BFC Partners, one of the city\u2019s leading pioneers in affordable housing development, outgrew its tiny Brooklyn digs. So…\n","protected":false},"author":2,"featured_media":171452,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[288,75,84,83,9,24,63,122,3274,466],"class_list":["post-171451","post","type-post","status-publish","format-standard","has-post-thumbnail","category-manhattan","tag-business","tag-manhattan","tag-manhattan-headlines","tag-manhattan-news","tag-new-york","tag-new-york-city","tag-nyc","tag-queens","tag-realty-check","tag-upper-east-side"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/171451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=171451"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/171451\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/171452"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=171451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=171451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=171451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}