Compass expands Fifth Avenue headquarters by 25K sf

Brokerage takes two extra floors at Aby Rosen's 90 Fifth in Union Sq.

New York /
Feb.February 21, 2017 02:40 PM

Compass is expanding its global headquarters, signing a lease for an extra 25,000 square feet in Union Square.

The deal will see the venture capital-backed residential brokerage taking an additional two floors at Aby Rosen’s 90 Fifth Avenue until the year 2025, the Commercial Observer reported. It brings the company’s total square footage at the building to 115,000 square feet across the third through 11th floors. The asking rent on the vacant floors was $86 per square foot, the landlord told the publication. Architecture firm Vocon is designing the space, and the firm plans to move in at the beginning of fall.

Late last month, Compass inked a 10-year lease for 8,700 square feet at the Laureate at 2150 Broadway. In total, the venture capital-backed firm has three office in Manhattan, including one at 390 Park Avenue in Midtown. It also has two Brooklyn offices — one in Park Slope and in another in Williamsburg.

JLL’s Jon Fanuzzi represented Rosen’s RFR Realty, and Cushman & Wakefield’s Ethan Silverstein represented Compass. [CO]Miriam Hall


Related Articles

arrow_forward_ios
Gene Martinez (Compass)

Gene Martinez, early Compass recruit, dies

Gene Martinez, early Compass recruit, dies
(Photo illustration by The Real Deal)

This office redeveloper is going all in

This office redeveloper is going all in
Clare Newman with Governors Island (Credit: Governors Island, Getty Images)

Governors Island redevelopment opposed as excessive

Governors Island redevelopment opposed as excessive
Blackstone's Ken Caplan (iStock; Blackstone)

Industrial now 36% of Blackstone’s RE portfolio

Industrial now 36% of Blackstone’s RE portfolio
Almanac Realty Investors managing director Matthew Kaplan (Almanac Realty; iStock)

Workforce housing investor gets $320M boost

Workforce housing investor gets $320M boost
Corcoran to sublet 50K sf in IBM Building

Corcoran to sublet 50K sf in IBM Building

Corcoran to sublet 50K sf in IBM Building
 Robert Morse, executive chairman of Bridge Investment Group, one of the major Opportunity Zone investors focusing on real estate.  (Bridge, Stanford)

Opportunity Zone investments got a boost in 2020

Opportunity Zone investments got a boost in 2020
333 Johnson Avenue with Royalton Capital’s Jin Lee, Sciame Construction's Frank Sciame and Normandy Real Estate Partners' Finn Wentworth (Royalton Capital, Sciame, Normandy)

Normandy sued by former partners for hiding Netflix deal

Normandy sued by former partners for hiding Netflix deal
arrow_forward_ios

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

Loading...