CBRE Group, Inc. arranges 4,000 s/f lease for Drake Design Associates at 67 Irving Place

CBRE Group, Inc. has represented Drake Design Associates in its 4,000 s/f lease of the entire 12th floor of 67 Irving Place. Drake Design Associates is the namesake design firm of renowned interior designer Jamie Drake, who has completed countless interiors for the likes of Madonna and New York City Mayor Michael Bloomberg, including the renovation of Gracie Mansion and various rooms at City Hall. CBRE's Stuart Siegel, Matthew Bergey and Daniel Bodner negotiated on behalf of Drake Design Associates. Drake Design Associates will move from 315 East 52nd Street once renovations are complete. The asking rent was $52 per s/f. "Mr. Drake was attracted to both the neighborhood and the unique style of 67 Irving Place," said Bodner. "The 12th floor is the top floor of the building and features high ceilings, windows on four sides and multiple skylights." "Downtown has evolved into a design mecca and this beautiful space at 67 Irving Place allows me to be near many of my clients," said Mr. Drake. "The vibrant nature of the space embodies the spirit of the diverse design industry." Also known as Gramercy Centre, 67 Irving Place is a 12-story, 44,860 s/f building situated between 18th and 19th Streets.