The Real Deal New York

Posts Tagged ‘Newmark Grubb Knight Frank’

  • zirinsky

    36 East 57th Street, Jane Goldman and Sol Goldman

    Solil Management, the company that controls the assets of late real estate mogul Sol Goldman, has unloaded a five-story Midtown East commercial property with 37,000 buildable square feet for $65.3 million, according to property records filed with the city today. [more]

  • From left: United Charities Building at 287 Park Avenue South and entrance

    The United Charities Building at 287 Park Avenue South

    A rare 110,000-square-foot Renaissance Revival building in Gramercy could soon be sold. [more]

  • 307 5th and Dennis Karr

    307 Fifth Avenue and Dennis Karr

    A Bejing-based hamburger chain indebted to high- and low-brow American grub has inked a lease to open its first U.S. restaurant on a stretch of Fifth Avenue in NoMad that just happens to be bookended by Shake Shack and McDonald’s.

    Uncle Sam Fast Food has signed a 5,600 square-foot retail lease at 307 Fifth Avenue, where it expects to open its first U.S. flagship store by year’s end. [more]

  • 105 Madison Avenue

    105 Madison Avenue

    Two new tenants have signed on for more than 22,000 square feet of space at A&R Real Estate’s 105 Madison Avenue.

    Structural engineering firm GACE Consulting Engineers inked the larger of the two deals, picking up a 13,350-square-foot spread on the 20-story building’s sixth floor. Relocating from 31 West 27th Street, the engineering company plans to move into its new space in October or November. [more]

  • (Credit: Maurice Mayfield)

    (Credit: Maurice Mayfield)

    The Madison Avenue Baptist Church officially sold its historic parish house, according to property records filed with the city yesterday.  [more]

  • barry-gosin

    Barry Gosin

    New York-based brokerage Newmark Grubb Knight Frank is breaking into South America, having recently partnered with four companies there to refer clients and exchange research.

    Talks with the South American companies had ended in April after several months. Newmark will be known as Newmark Grubb Brazil in Brazil, Newmark Grubb BACRE in Argentina, Newmark Grubb Contempora Servicios Inmobilarios in Peru and Chile, and Newmark Grubb Fonnegra Gerlein in Colombia. Financial services titan BGC Partners bought Newmark in 2011. [more]

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  • 152 West 57th Street

    152 West 57th Street

    Anthony Edson and William Sheoris, two of the founders of hedge fund Stone Tower Capital, have inked a 5,000-square-foot space on the 27th floor of the Carnegie Hall Tower for their new venture, Fair Oaks Capital.

    The new hedge fund will set up shop above the duo’s original Stone Tower space at 152 West 57th Street, which snagged a 4,500-square-foot space in the tower’s base back in 2003. That spread eventually expanded to 30,000 square feet before the company was acquired by Apollo in 2012 and relocated to 9 West 57th Street. [more]

  • mark-weiss-metlife

    Mark Weiss and 200 Park Avenue

    The International Property Measurement Standards Coalition, a global alliance of real estate groups, intends to unveil a new system next month for measuring square footage at office buildings worldwide. The system would not be mandatory, and could reduce the size of buildings and therefore lessen their value.

    New York City real estate executives, however, said it is unlikely that building owners will voluntarily follow the new standards if it could result in losing money. [more]

  • brian-and-jeffrey-feil-and-853-broadway2

    From left: Brian and Jeffrey Feil and a rendering of 853 Broadway

    The cosmetics company MAC signed a new 15-year lease for a portion of the ground floor in the Feil Organization’s 853 Broadway, fronting on Union Square South. One person familiar with the deal said would it be a record rent for the park area. [more]

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  • pruger-roseman-rkf

    From left: Jason Pruger, Jeffrey Roseman and Robert Futterman at past RECon conventions in Las Vegas

    Tomorrow a temporary but fundamental shift will impact the city’s commercial real estate industry. The center of gravity will shift 2,500 miles west as the bulk of the city’s real estate players decamp for Las Vegas for several days to participate in the annual conference hosted by the International Council of Shopping Centers. [more]

  • From top left: Neil Goldmacher, Mark Weiss and 345 Park Avenue

    From top left: Neil Goldmacher, Mark Weiss and 345 Park Avenue

    The Blackstone Group is sticking with its 345 Park Avenue space, having renewed its lease and picked up an additional 38,846 square feet.

    The deal adds the 27th floor to Blackstone’s spread, an expansion that brings the investment and advisory firm’s space to a total of 489,495 square feet in Rudin Management’s building. The deal extends the firm’s lease to 2027. [more]

  • Jeffrey Rosenblatt

    Jeffrey Rosenblatt

    Commercial broker Jeffrey Rosenblatt is leaving industry giant Newmark Grubb Knight Frank for a boutique firm. [more]

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  • 655-third

    655 Third Avenue and Karen Kuznick

    The Big East Conference, a collegiate league which competes in NCAA Division I sports, has landed an office at Durst Organization’s Midtown East tower at 655 Third Avenue.

    The 10-year lease covers the 13,740-square-foot seventh floor, which will undergo a full renovation. Asking rent for the space is $54 per square feet, according to CoStar Group data cited by the New York Post. Durst leasing associate Karen Kuznick represented the landlord in-house, while Newmark Grubb Knight Frank brokers Jeffrey Rosenblatt and Bill Harvey represented the tenant. [more]

  • macys

    112 West 34th Street and Scott Gottlieb

    Macy’s is relocating several office divisions from the Hippodrome building into a Herald Square building near its store there.

    The 120,000-square-foot office space at Empire State Realty Trust’s 112 West 34th Street will span the third, fourth and seventh floors. Asking rent was in the mid-$50s per square foot. Those groups at the company were based out of 1080 Sixth Avenue, on a long-term lease. [more]

  • From left: Renderings of 860 and 837 Washington Street and a Warby Parker store

    From left: Renderings of 860 and 837 Washington Street and a Warby Parker store

    Once home to hundreds of slaughterhouses and packaging plants, the Meatpacking District is undergoing a dramatic makeover, one that involves the construction of a number of sleek office towers. In turn, those new structures are attracting a whole new breed of upscale retail tenants into the area. [more]

  • jekyll

    From left: Sam Domb, the old Jekyll & Hyde facade at 1409 Sixth Avenue, and interior of new outpost

    Developer Ron Domb of the Empire Hotel Group plans to convert the former site of themed restaurant chain Jekyll & Hyde into an office complex, according to building permits filed with the city late last week. [more]

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  • 211-east-43rd

    211 East 43rd Street and William Cohen

    Meadow Partners’ 211,000-square-foot Midtown East office building is undergoing a $15 million makeover.

    The private equity firm plans to open up the layouts with built-to-suit and pre-built spaces. Such a renovation is designed to satisfy the influx of tech and media tenants in the building, located at 211 East 43rd Street. The new space will allow for six outdoor terraces, as well as provide a new lobby and upgraded elevators. Recently signed tenants include Caliber Associates, the UN missions of Mauritius and Costa Rica, and AWS Construction. Newmark Grubb Knight Frank brokers David Emden and William Cohen have served as exclusive leasing agents. [more]

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  • From left: A model showcasing a Louis Vuitton collection, 130 Fifth Avenue and Olnick's Bruce Simon

    From left: A model showcasing a Louis Vuitton collection, 130 Fifth Avenue and Olnick’s Bruce Simon

    Time to pop the bubbly. LVMH Moët Hennessy, the French conglomerate behind haute brands such as vintner Moët & Chandon and fashion house Louis Vuitton, is taking new office digs at 130 Fifth Avenue in the Flatiron District, The Real Deal has learned. [more]

  • From left: 11 Madison Avenue and Joseph Harbert

    11 Madison Avenue and Joseph Harbert

    More marquee financial companies are choosing to stay in their current office locations rather than upgrading to Manhattan’s much-trumpeted new towers, according to the latest data.

    Information collected by brokerage Newmark Grubb Knight Frank found that five of the six biggest New York leases since the end of 2012 have been renewals. [more]

  • From left: Michael Mandel and Andrew Phillips

    From left: Michael Mandel and Andrew Phillips

    Commercial real estate information firm CompStak has hired Andrew Phillips from Newmark Grubb Knight Frank to be their new director of enterprise sales, the company announced in a release today.

    “Andrew’s deep experience in the financial sector will allow us to broaden our reach to an entirely new customer base,” CompStak CEO Michael Mandel said in the release. While at NGKF, Phillips started the firm’s loan sales business and handled over $1 billion in distressed asset sales. [more]