BHS to open downtown Fifth Avenue office this summer

New York /
Jan.January 31, 2014 06:30 PM

Residential brokerage Brown Harris Stevens has inked a deal to open its new downtown office, at 130 Fifth Avenue between 17th and 18th streets, this summer, a spokesperson for the brokerage told The Real Deal exclusively.

The new 13,000-square-foot space, located on the second floor of the Olnick Organization-owned Class A office building, will have 64 desks for brokers.

The office will be designed by architecture firm Gabellini Sheppard Associates, the company behind the design of retail spaces for brands like Saks, Armani and Vera Wang.

Meanwhile, BHS will close its Village office at 2 Fifth Avenue, with the agents from that space moving into the firm’s new digs. The Tribeca office, at 43 North Moore Street, will remain open.

The building at 130 Fifth Avenue is also home to companies such as Interbrand, a division of advertising giant Omnicom, Worth Global Style Network and Korey Kay & Partners.

BHS has a 15-year lease on the space. Eric Cagner of Newmark Grubb Knight Frank represented the landlord in the lease deal, while Joel Burris of Brown Harris Stevens Commercial Services represented the tenant.

The deal comes just two months after BHS announced that it was nearly doubling the size of its flagship office at 445 Park Avenue. The company leased the entire 12th floor at the commercial office tower, between East 56th and East 57th streets, in addition to its current space on the 11th floor, last year.


Related Articles

arrow_forward_ios
Rachel Glazer (Credit: BHS)
BHS’ top Downtown agent jumps to Compass
BHS’ top Downtown agent jumps to Compass
BHS’ chief of tech, communications out amid internal shakeup
BHS’ chief of tech, communications out amid internal shakeup
BHS’ chief of tech, communications out amid internal shakeup
Bess Freedman and Robert Reffkin (Credit: Studio Scrivo)
“Unequivocally not selling:” BHS accuses rival of stoking sale rumors
“Unequivocally not selling:” BHS accuses rival of stoking sale rumors
(Illustration by Kevin Cifuentes for The Real Deal with Getty Images, James Gagliardi of Modern Media)
PHOTOS: Brown Harris Stevens turns 150
PHOTOS: Brown Harris Stevens turns 150
(Getty)
Hamptons home prices dip, but North Fork’s hit another record
Hamptons home prices dip, but North Fork’s hit another record
Reed and Delphine Krakoff along with 54 East 64th Street (Getty, Google Maps)
Fashion bigwig sells townhouse for $36M after two price cuts
Fashion bigwig sells townhouse for $36M after two price cuts
200 East 83rd Street, Alexa Lambert, Alison Black, Shelton Smith
Naftali’s 200 East 83rd Street tops Thursday’s 10 priciest resi sales
Naftali’s 200 East 83rd Street tops Thursday’s 10 priciest resi sales
Brown Harris Stevens CEO Bess Freedman and Serhant's Ryan Serhant
Ryan Serhant offered to coach Brown Harris agents. It didn’t go well.
Ryan Serhant offered to coach Brown Harris agents. It didn’t go well.
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...