News:
Brokerage
Posted: February 10, 2026
Bradford Allen completes office penthouse lease
Manhattan, NY Bradford Allen has completed a 31,494 s/f lease for the penthouse at 805 Third Ave. in Midtown Manhattan for the South African Consulate.
The transaction was executed by Bradford Allen’s Glenn Isaacson, executive vice president, New York, and Tony Builder and Ava Beganovic, senior associates, in partnership with Marc Horowitz, executive vice president and national director of leasing at Cohen Brothers Realty Corp. Michael Goldman of Cresa represented the tenant.
“805 Third Ave. continues to attract tenants looking for high-quality, move-in-ready space in a prime Midtown location,” Isaacson said. “The penthouse offering, paired with access to a private outdoor terrace, aligned well with the consulate’s needs.”
Cohen Brothers is a New York-based owner, developer and operator of commercial real estate with a long-standing presence across Manhattan, including a portfolio of office properties throughout Midtown.
“We’re pleased to welcome the South African Consulate to 805 Third Ave.,” said Horowitz. “The lease reflects our ongoing commitment to maintaining the building as a reliable, well-positioned option for a wide range of users.”
The consulate selected 805 Third Ave. for its efficient layout, limited build-out requirements and proximity to its existing Third Ave. location, allowing for a smooth transition with minimal disruption.
Located in Midtown East, 805 Third Ave. offers access to regional transportation, nearby dining and key landmarks including Grand Central Terminal, the Chrysler Building and Central Park.
Tags:
Brokerage
New York City
MORE FROM Brokerage
SoHo emerges as America’s most active trophy retail market as investors prioritize quality, Adirondack Capital Partners finds
Manhattan, NY Investors are increasingly concentrating capital in the country’s most coveted retail corridors, with SoHo emerging as the nation’s most active trophy retail market,
Quick Hits
Columns and Thought Leadership
Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,
A fresh start - by Shallini Mehra and Amit Doshi
For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman
July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
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
