News: Brokerage

ABS Partners brokers three leases totaling 23,244 s/f

New York, NY ABS Partners Real Estate completed three leases totaling 23,244 s/f.

The first lease was an 8,194 s/f  renewal for Gide Loyrette Nouel, LLP at 120 West 45th St., also known as Tower 45. The Paris-based law firm will continue to occupy the 19th floor of the building, which is located between Sixth Ave. and Broadway. Tower 45 was sold for $365 million by SL Green to Kamber Management this past July.

Alan Friedman, a senior managing director at ABS Partners, represented the tenant, while Steven Levy, principal of Kamber Management, represented the landlord in-house.

ABS Partners also secured an 11,750 s/f lease at 8 West 38th St. for Dessy Group. The designer and manufacturer of bridesmaid and occasion dresses will occupy the entire eighth floor of the Garment District building by this spring.

Andy Udis and Ron Zimmerman of ABS Partners Real Estate represented the landlord, Fraglow Realty.

In the third lease, ABS secured 3,300 s/f at 220 East 23rd St. for CourseHorse, an education-focused website that partners with schools to offer a wide variety of classes in one easy to navigate online location. The company is relocating its headquarters to the fifth floor of the building, located between Second and Third Avenues in Gramercy Park.

A range of additional office spaces remain available for immediate occupancy at 220 East 23rd St., which is being marketed by ABS Partners.

Zimmerman represented the landlord, ELK 220 East 23rd LLC., while Jason Lund of Newmark Grubb Knight Frank represented CourseHorse.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,