The Real Deal New York

Urban Compass inks lease for new office in Lever House

Fast-growing startup will occupy the 14th floor of the RFR Realty-owned building

September 29, 2014 08:30AM

From left: Robert Reffkin, Leonard Steinberg and Lever House at 390 Park Avenue

From left: Robert Reffkin, Leonard Steinberg and Lever House at 390 Park Avenue

Urban Compass is expanding to Park Avenue’s Lever House.

The firm will occupy the 14th floor of the RFR Realty-owned property, Crain’s reported. Brokers and the company’s new development team will be housed at the 10,700-square-foot space at Park Avenue and 54th Street.

The start-up moved into its current headquarters at 19 Union Square West earlier this year, after outgrowing its former space.

Crain’s reported that Urban Compass president Leonard Steinberg, the top broker who left Douglas Elliman to join the firm earlier this year, called Lever House one of his favorite buildings during a recent interview.

This marks the firm’s second lease this year in an RFR-owned building. Urban Compass also inked a lease for 25,000 square feet at 90 Fifth Avenue, according to Crain’s.  [Crain’s] — Claire Moses

  • Two Piece and Biscuit

    That’s not cheap space. They better make some $$$.

  • heyo!

    Definite funding source providing them some financial backing
    36,000 sq ft of space snapped up like that.

  • Joe Schmo

    WTF?

  • marknroses

    probably should get right to scoring exclusives on Billionaire’s row only a few blocks north!

  • art

    HUH?!
    How an hell does a start up real estate company such as UC have the $$$ to pay rent for a place like this?
    Not even DE or Corcoran could afford the rent?
    Go figure with all those investors and where are they getting all this MONEY$$$ something is not right here ???

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