News: Brokerage

Exbo Group relocates to 740 Broadway in NoHo, signs new lease for 6,031 s/f

Manhattan, NY According to GFP Real Estate, LLC, Exbo Group, Inc., a boutique financial consulting firm that provides growth-stage companies and investors with high quality finance, accounting, and advisory services, has signed a new three-year lease for 6,031 s/f of built-to-suit office space on the seventh floor of 740 Broadway in NoHo.

Neith Stone of GFP Real Estate LLC, as well as Robert Silver, Anthony Sciacca, and Brittany Silver of Newmark represented the landlord, Lafayette-Astor Associates, LLC in the transaction. Jason Majlessi of Venture Commercial and Remy Liebersohn of Cushman & Wakefield represented the tenant. Exbo Group, Inc. is expected to move in this October; the space was previously occupied by Direct Agents.

"GFP's ability to deliver a quality turnkey space at a great price made 740 Broadway a bit of a no-brainer for our client,” said Majlessi. “The Landlord's team made it easy for Exbo to design the perfect space for their current and future needs.”

“740 Broadway has become a hub for tech and finance-related companies seeking cool, flexible office space in a dynamic neighborhood,” said Stone. “The building’s blend of historic charm and modern amenities makes it an ideal location for firms like Exbo Group that are looking to grow and thrive in a vibrant environment.”

Built in 1912, 740 Broadway is a 12-story, 152,000 s/f loft building designed by architect Francis H. Kimball in Beaux-Arts style. Situated on the Southeast corner of Broadway and Astor Place in NoHo, the landmarked building offers a combination of history and modern appeal. Tenants enjoy views wrapping around the corner, high ceilings, and flexible floorplates. The building's recent renovation includes a lobby featuring architectural media walls showcasing nature scenes.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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,
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
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.