The Real Deal New York

Posts Tagged ‘Newmark Grubb Knight Frank’

  • 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]

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  • 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]

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  • 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]

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  • 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]

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  • 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]

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  • 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]

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  • Kenji Ota

    Kenji Ota

    Former Newmark Grubb Knight Frank managing director Kenji Ota has jumped ship for Cushman & Wakefield, according to a press release from Cushman.

    Ota joined Cushman as an executive director, departing a post in which he was responsible for business development and account management for commercial property owners and retail tenants, as well repositioning and property upgrades. [more]

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  • Barry Gosin

    Barry Gosin

    UPDATED, 11:40 a.m., January 27: Newmark Grubb Knight Frank’s chief executive officer Barry Gosin believes that the firm can be among the country’s top three commercial brokerages.

    Speaking from the World Economic Forum in Davos last week, Gosin said that NGKF had aggressively expanded following its acquisition by BGC Partners and was poised for continued national growth. [more]

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  • James Kuhn

    James Kuhn

    From the January issue: James Kuhn is president of the commercial brokerage Newmark Grubb Knight Frank. He joined Newmark & Company Real Estate in 1992, after 15 years of owning and managing real estate with investor Bernard Mendik, with whom he acquired 6,000 apartments and more than 11 million square feet of office space, including office towers like 2 Penn Plaza. [more]

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  • From left: Mark Weiss, Moshe Sukenik and 1540 Broadway

    From left: Mark Weiss, Moshe Sukenik and 1540 Broadway

    National law firm Duane Morris renewed its lease for 89,000 square feet at the Bertelsmann building at 1540 Broadway, The Real Deal has learned. [more]

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  • Flushing theater building trades for $30M

    December 19, 2013 08:39AM
    RKO Keith theater in Flushing

    RKO Keith theater at 135-35 Northern Boulevard in Flushing

    The long-vacant RKO Keith’s theater building in Queens’ Flushing neighborhood has traded hands for $30 million. The buyer, New York-based Jerry Karlik’s JK Equities, intends to construct a 17-story, mixed-use apartment tower at the 135-35 Northern Boulevard site. [more]

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  • east-harlem

    Lenny Sporn, and 125th Street between Madison and Park

    In a bid to jumpstart activity in a long-neglected section of East Harlem, the Joel Schreiber-led Waterbridge Capital has plans to build a 210,000-square-foot tower with retail and apartments.

    The developer entered contract to buy five neighboring sites near the intersection of East 125th Street and Park Avenue for $37 million. The project would involve tearing down a hotel and low-rise retail sites currently there. [more]

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  • tumblr

    35 East 21st Street, Tumblr’s David Karp and NGKF’s Daniel Levine

    Blogging platform Tumblr is expanding its territory inside Centaur Properties’ 35 East 21st Street in Midtown South.

    The company moved into a 5,000-square-foot space there in 2010. Then the office ballooned to 30,000 square feet two years later. Now Tumblr will occupy 50,000 square feet of the 100,000-square-foot property. It also has access to a private, 7,000-square-foot roof deck that serves as an entertainment space. [more]

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  • A rendering of the East Harlem Media, Entertainment & Cultural Center

    A rendering of the East Harlem Media, Entertainment & Cultural Center

    The Proton Center, a research facility that develops proton therapies for cancer patients, is in talks to take about 120,000 square feet in a planned 1.7 million-square-foot complex in East Harlem. [more]

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  • 1301 Avenue of the Americas

    1301 Avenue of the Americas

    Newmark Grubb Knight Frank has landed the exclusive management of leasing at Paramount Group’s 45-story office tower at Sixth Avenue and 53rd Street, marking the first time the property owner has tapped an outside firm to market one of its buildings. [more]

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  • lionsgate

    From left: “Hunger Games” star Jennifer Lawrence, 530 Fifth Avenue and David Falk

    Jamestown Properties and Rockwood Capital signed film distributor Lions Gate Entertainment, which releases the “Hunger Games” films, to their Midtown East office tower, 530 Fifth Avenue. [more]

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  • From left: Bruce Mosler and 1290 Sixth Avenue

    From left: Bruce Mosler and 1290 Sixth Avenue

    Publisher Hachette Book Group has inked a deal for 137,000 square feet at Vornado Realty Trust’s 1290 Sixth Avenue, filling more than half of a block to be vacated by longtime tenant Microsoft. [more]

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  • Joseph Stettinius, Jr.

    Joseph Stettinius, Jr.

    Commercial real estate firm Cassidy Turley may soon be partnering up, merging with or selling outright to Newmark Grubb Knight Frank or the Blackstone Group.

    The firm reportedly hired JPMorgan as an advisor over the summer, aiming to drum up equity and accelerate expansion plans. The goal is to find a match before the end of 2013. JPMorgan asked NGKF, Blackstone and Andrew Farkas’ Island Capital to provide a valuation of Cassidy along with investment proposals, according to a news report. [more]

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