Fisher of Feil Org. facilitates three leases totaling over 38,985 s/f

Manhattan, NY According to Robert Fisher, director of commercial leasing for The Feil Org., the firm closed three leases:

• Ernst & Young has renewed and expanded at 841 Broadway for a total of 27,000 s/f.
• Digital Currency Group signed a 11,985 s/f lease at 250 Park Avenue South. 
• Bulletproof has signed a new long-term lease for the entire eighth floor of 257 Park Ave. South. 

The new and expanded leases bring Feil’s Midtown South portfolio to 98% occupancy.

“These leases represent significant expansions for all three companies, all of whom are poised for more growth in the future. Our ability to accommodate this growth has been a key factor in making these transactions happen. The close proximity of the buildings in the portfolio gives our tenants the flexibility to add space when needed,” said Robert Fisher, director of commercial leasing for The Feil Org. “EY has been a valued tenant at Feil’s 841 Broadway for some time, and we welcome DCG and Bulletproof, which are two of the most dynamic companies in their respective fields.”

Fisher represented The Feil Org. in all three leases. Samuel Clark and Charlie Stephens of Cushman & Wakefield represented Ernst & Young. Michael Mathias of Savills Studley represented Digital Currency Group. Bulletproof was represented by Michael Thomas and Aidan Campbell of Colliers International.

Built in 1912, the 20-story 257 Park Ave. South (known as the Gramercy Park Building) is located between 20th and 21st Streets in the heart of the active Flatiron District/Union Square/Gramercy Park area. Neighborhood landmarks and sites include the legendary Pete’s Tavern, Baruch College, Shake Shack, and the Flatiron Building, as well as Gramercy, Union Square, and Madison Square Parks. 

Also known as The Roosevelt Building, the eight-floor 841 Broadway has been spectacularly renovated to include upgraded elevators, a modernized lobby, and more than 52 newly installed windows providing tenants with cityscapes unmatched in the area. At the base of 841 Broadway is one of New York City’s busiest subway stations and one of the most easily accessed areas in the borough.

Situated at the southwest corner of 20th St., 250 Park Ave. South is located directly across from Feil’s 257 Park Ave. South in the Midtown South area. Built in 1911, the 12-story building boasts 130,000 s/f, including a distinctive neo-Gothic limestone façade and an elegantly restored lobby dominated by an ornate vaulted ceiling and decorative moldings.

The Feil Org. is a private, established commercial real estate firm headquartered in New York City. A powerful force in real estate for over 65 years, the company owns and operates a nationwide portfolio of over 26 million s/f of retail and commercial space, and over 5,000 residential rental units. The Feil Organization also maintains regional offices in Chicago, New Orleans, St. Petersburg, and on Long Island.