The Real Deal New York

Massey Knakal consolidates, renews lease at 275 Madison

Firm to take two-floor, 41,000-square-foot spread

July 02, 2014 02:50PM

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From left: James Nelson, Paul Massey, Jr. and 275 Madison Avenue

From left: James Nelson, Paul Massey, Jr. and 275 Madison Ave.

Commercial brokerage Massey Knakal Realty Services is consolidating its offices, currently spread among various spots on four floors at 275 Madison Avenue, into just under 41,000 square feet on two floors.

The brokerage will take 40,738 square feet on the 42-story, 185,250-square-foot building’s second and fourth floors. The spread will be connected by an internal staircase, and the firm has signed on for a 15-year lease, the New York Post reported.

The move consolidate’s Massey Knakal’s current spread, which includes a number of spots on the building’s third, ninth, 10th and 14th floors.

Bill Montana, Kurt Handschumacher and Howard Poretsky of Savills Studley represented Massey Knakal in the expansion deal, while RFR was represented in-house by Oliver Katcher and Gregg Popkin. [NYP, 1st item]Julie Strickland

  • Harry Potzer

    you would have thought that they would just buy their own place

    • no-permits

      it would limit moves like this for them. a lot of brokers don’t own property.

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