Once-troubled tower at 625 Broadway sees revival due to creative tenants

A Noho office building that had fallen into receivership has experienced an unlikely revival, Real Estate Weekly reported.

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The 12-story office tower at 625 Broadway, at Houston Street, has seen an uptick in leasing since Howard Kesseler, a managing director at Newmark Knight Frank, and his associate Jordan Gosin, an associate director, started focusing on creative tenants, REW said.

“It’s a nice creative mix in here and a lot of tenants want to be in the area,” Gosin said. Five floors remain at the building and lucrative incentive packages, including free build-out and free rent, are being offered there. [REW]