New York

Kaufman sells 100-104 Fifth Avenue, brokers deal for tenant

<a class="lavamap_link" style="text-decoration: none !important; color: inherit; box-shadow:none !important; pointer-events: none; cursor: default;" href="https://lavamap.com/property/104-5-Avenue-New-York-NY-10011/1008177502-0" target="_blank" data-address="104%205%20Avenue%2C%20New%20York" data-label="100-104%20Fifth%20Avenue" data-url="https%3A%2F%2Flavamap.com%2Fproperty%2F104-5-Avenue-New-York-NY-10011%2F1008177502-0" data-bbl="1008177502" data-blockValue="00817" data-lotValue="7502" data-zipcode="10011" data-bldgArea="250%2C671" data-bldgDepth="140" data-bldgFront="133" data-landUse="Comm%20%26%20office%20buildings" data-lotArea="16%2C085" data-lotFront="133.42" data-lotDepth="140" data-retailArea="16%2C926" data-resArea="0" data-officeArea="224%2C260" data-garageArea="0" data-strgeArea="0" data-factryArea="0" data-otherArea="9%2C485" data-bldgClass="R0" data-primaryZoning="C6-4M" data-commercialOverlay="" data-far="10" data-buildable="160%2C850" data-airRights="-89%2C754" data-propertyNeighborhood="Flatiron" data-latitude="40.7370503865041" data-longitude="-73.9933111923163" data-moreList="%5B%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FviewOnMap.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F104-5-Avenue-New-York-NY-10011%5C%2F1008177502-0%22%2C%22urlLabel%22%3A%22View%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2Fownership.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F104-5-Avenue-New-York-NY-10011%5C%2F1008177502-1%22%2C%22urlLabel%22%3A%22View%20Ownership%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FleaseComps.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Ftherealdeal.com%5C%2Fnew-research%22%2C%22urlLabel%22%3A%22TRData%22%7D%5D" data-articleList="%5B%5D" rel="noopener">100-104 Fifth Avenue</a> and Kaufman's Grant Greenspan

100-104 Fifth Avenue and Kaufman's Grant Greenspan

The Kaufman Organization, a landlord and brokerage firm, is having success at 100-104 Fifth Avenue.

The company sold the 17-story Midtown South building in partnership with Invesco for $230 million, and then brokered a deal with one of its former tenants there, Crain’s reported. Clarion Partners bought the tower, which Kaufman had purchased for $93 million in 2010, as previously reported.

Leadership Directories, which provides online contact information for business and government workers, will move to 1407 Broadway, a building owned by the Lightstone Group and leased exclusively by Kaufman. The 1.1-million-square-foot building is between West 38th and West 39th streets. The tenant signed a 10-year lease for 12,370 square feet on part of the third floor. Asking rent was $47 per square foot.

Grant Greenspan, a principal at the Kaufman Organization and agent for 1407 Broadway, arranged the deal for the tenant, Crain’s said. [Crain’s]Mark Maurer

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New York

Kaufman sells 100-104 Fifth Avenue, brokers deal for tenant

<a class="lavamap_link" style="text-decoration: none !important; color: inherit; box-shadow:none !important; pointer-events: none; cursor: default;" href="https://lavamap.com/property/104-5-Avenue-New-York-NY-10011/1008177502-0" target="_blank" data-address="104%205%20Avenue%2C%20New%20York" data-label="100-104%20Fifth%20Avenue" data-url="https%3A%2F%2Flavamap.com%2Fproperty%2F104-5-Avenue-New-York-NY-10011%2F1008177502-0" data-bbl="1008177502" data-blockValue="00817" data-lotValue="7502" data-zipcode="10011" data-bldgArea="250%2C671" data-bldgDepth="140" data-bldgFront="133" data-landUse="Comm%20%26%20office%20buildings" data-lotArea="16%2C085" data-lotFront="133.42" data-lotDepth="140" data-retailArea="16%2C926" data-resArea="0" data-officeArea="224%2C260" data-garageArea="0" data-strgeArea="0" data-factryArea="0" data-otherArea="9%2C485" data-bldgClass="R0" data-primaryZoning="C6-4M" data-commercialOverlay="" data-far="10" data-buildable="160%2C850" data-airRights="-89%2C754" data-propertyNeighborhood="Flatiron" data-latitude="40.7370503865041" data-longitude="-73.9933111923163" data-moreList="%5B%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FviewOnMap.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F104-5-Avenue-New-York-NY-10011%5C%2F1008177502-0%22%2C%22urlLabel%22%3A%22View%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2Fownership.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Flavamap.com%5C%2Fproperty%5C%2F104-5-Avenue-New-York-NY-10011%5C%2F1008177502-1%22%2C%22urlLabel%22%3A%22View%20Ownership%20on%20LavaMap%22%7D%2C%7B%22icon%22%3A%22https%3A%5C%2F%5C%2Fcdn.lavamap.com%5C%2Fwp-lavamap-link%5C%2Fpublic%5C%2Fimg%5C%2FleaseComps.svg%22%2C%22url%22%3A%22https%3A%5C%2F%5C%2Ftherealdeal.com%5C%2Fnew-research%22%2C%22urlLabel%22%3A%22TRData%22%7D%5D" data-articleList="%5B%5D" rel="noopener">100-104 Fifth Avenue</a> and Kaufman's Grant Greenspan

100-104 Fifth Avenue and Kaufman's Grant Greenspan

The Kaufman Organization, a landlord and brokerage firm, is having success at 100-104 Fifth Avenue.

The company sold the 17-story Midtown South building in partnership with Invesco for $230 million, and then brokered a deal with one of its former tenants there, Crain’s reported. Clarion Partners bought the tower, which Kaufman had purchased for $93 million in 2010, as previously reported.

Leadership Directories, which provides online contact information for business and government workers, will move to 1407 Broadway, a building owned by the Lightstone Group and leased exclusively by Kaufman. The 1.1-million-square-foot building is between West 38th and West 39th streets. The tenant signed a 10-year lease for 12,370 square feet on part of the third floor. Asking rent was $47 per square foot.

Grant Greenspan, a principal at the Kaufman Organization and agent for 1407 Broadway, arranged the deal for the tenant, Crain’s said. [Crain’s]Mark Maurer

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