Icon Trading signs 10,000 sf lease in Midtown
The Kaufman Organization recently brokered two deals totaling 14,500 square feet of office space in Midtown.
Icon Trading inked a nine-year lease for 10,000 square feet of showroom, e-commerce and warehouse space at 230 West 38th Street. Elliot Warren of Kaufman represented the tenant while Jay Caseley and Andy Udis of ABS Partners Real Estate represented the landlord. The asking rent was $28 per square foot.
In another Kaufman-brokered deal, Selerity, a financial data and media company, signed on for 4,500 square feet in a move that brings their offices from New Jersey to Midtown. Warren and Howard Rosenblum represented the tenant while Neil Polon represented landlord Empire Management in the deal. The asking price on the space was $38 per square foot.
“There has been a lot of movement in the office market this summer. Many of the clients I work with are looking to grow and need larger offices in prime Manhattan locations. Midtown West is convenient and offers great value for these companies because of the access to transportation as well as proximity to their clients,” Warren said in a release. — Julie Strickland
Correction: An earlier version of this post misstated the broker representation for the landlord and tenant. Kaufman represented the tenant, while ABS Partners represented the landlord.