Piquet Realty nabs second New York office spot at 555 Madison

Space to accommodate 100 agents

New York /
Apr.April 24, 2014 04:55 PM

Florida-based Piquet Realty, which acquired the Portman Group’s brokerage arm Portman Realty earlier this month, has inked a lease for a new New York City locale in the Coates Building.

The 1,000-square-foot spread at 555 Madison Avenue at East 56th Street will accommodate roughly 100 agents, according to a release from Piquet. A spokesperson for the firm did not specify which floor of the 33-story building will house the firm, but noted that the lease comes with an option to expand up to 10,000 square feet.

“This building, in a prime Manhattan location, gives us the base for our planned expansion in the New York market,” Cristiano Piquet, president of Piquet Realty, said in the release. The firm’s other Manhattan location is in Hudson Square at 160 Varick Street, according to Piquet’s website.

Piquet, which has ties to the Brazilian investor community, also picked up Portman Realty Management in the recent acquisition — a unit that manages over 1 million square feet in New York. — Julie Strickland


Related Articles

arrow_forward_ios
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
 Fredrik Eklund and the property (Getty, Steve Frankel)
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
CW Realty's Cheskie Weisz and an aerial of the development site at 296 4th Avenue, 288 4th Avenue, 21 Denton Place (CW Realty, Google Maps)
Cheskie Weisz plans 200 Gowanus apartments
Cheskie Weisz plans 200 Gowanus apartments
SoftBank founder Masayoshi Son, Fortress Investment Group principal Peter Briger (Wikipedia, Long Arc Capital, Getty)
Fortress on chopping block as owner SoftBank bleeds
Fortress on chopping block as owner SoftBank bleeds
Toby Moskovits with the Williamsburg Hotel (Sasha Maslov, Google Maps)
Eastdil and A&G seek to broker sale of bankrupt Williamsburg Hotel
Eastdil and A&G seek to broker sale of bankrupt Williamsburg Hotel
From left: Howard Hughes CEO David O’Reilly and Jean-Georges Vongerichten in front of the Tin Building at the Seaport (Photo Illustration by Steven Dilakian with Getty Images, Howard Hughes and Twitter/arcofnyc)
Howard Hughes buys stake in Jean-Georges
Howard Hughes buys stake in Jean-Georges
From left: Savitt Partners Bob Savitt and Tory Burch with 11 West 19th Street
Tory Burch staying put at Savitt’s 11 West 19th Street
Tory Burch staying put at Savitt’s 11 West 19th Street
arrow_forward_ios

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

Loading...