Posted: December 13, 2010
Cushman & Wakefield lease 66,000 s/f at Cohen Brothers' 622 Third Avenue
According to owner/developer Charles Cohen, Cooper Square Realty, Inc. has signed a long-term lease for 66,000 s/f at 622 Third Ave They leased the entire 14th and 15th floors and a portion of the 16th floor at the 39-story tower. Mark Jaccom and Mark Friedman of Colliers International represented Cooper while the Cushman & Wakefield team of Bruce Mosler, Arthur Mirante, Joseph Cabrera and David Glassman, exclusive agents for the property, along with David Nevins of Cohen Brothers, represented owner.
"We're delighted that discriminating space users, and in this case one of New York's leading real estate firms, continue to be attracted to our buildings," said Cohen, president and CEO of Cohen Brothers Realty Corp.
Cooper Square's property portfolio is comprised of more than 400 condominiums, cooperatives, and rental properties with an aggregate value of over $5 billion. The company manages over 60,000 residences that are home to more than 200,000 people, including distinctive lifestyle properties, luxury residential towers, new developments, prewar landmark buildings, and apartment complexes.
The tower at 622 Third Ave. has been the beneficiary of upgrading, including major improvements to its outdoor plaza, lobby and public spaces from plans by noted architectural firm Moed de Armas & Shannon. Thomas Balsely & Associates served as landscape architect for the outside public spaces and lighting of the building was designed by Howard Brandston.
Cohen heads a multi-faceted real estate development company that owns and manages over 12 million s/f of Manhattan, West Side Los Angeles, Houston and Florida Galleria commercial space. In addition to 622 Third Ave., his other New York properties include 623 Fifth Ave., 135 East 57th St., International Plaza at 750 Lexington Ave., 3 East 54th St., 805 Third Ave., 3 Park Ave., 475 Park Ave. South, and the D&D Building at 979 Third Ave.
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