News: Brokerage

GFP Real Estate signs three new leases at 630 Ninth Ave. totaling 3,733 s/f

Manhattan, NY GFP Real Estate, LLC signed three new leases at 630 Ninth Ave., also known as The Film Center Building, totaling 3,733 s/f.

Matthew Mandell of GFP R.E. represented the landlord, GFP Real Estate, in all three transactions.

The city of New York, represented by the Dept. of Citywide Administrative Services, signed a long-term lease for 1,878 s/f on the second floor, which will be occupied by Manhattan Community Board 4 for its general and executive office use. Sean Wilson of CBRE represented the City of New York.

In the second transaction, A. Elizalde LLC, a hair stylist, makeup artist, signed a new five-year lease for 955 s/f on the 12th floor, where Elizalde will operate a hair cutting studio, HighLoNYC. Tim Intravia of Conrad Real Estate represented the tenant.

In the third transaction, The Forest of Arden, Inc. and Squid Pro Quo, Inc. jointly signed a new three-year lease for 900 s/f on the eighth floor. Mandell represented the tenant. 

Built in 1929 by architect Ely Khan, 630 Ninth Ave. is a 13-story office building comprising more than 275,000 s/f. The newly renovated building once only catered to businesses involved in theater, film and music and is in Hell’s Kitchen neighborhood, just moments away from the Theater District. The location provides access to many dining options and transportation services, including the Port Authority Bus Terminal, The NY Waterway Ferry, the Lincoln Tunnel, and multiple subway lines.

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
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.
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
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,