News: Brokerage

GFP Real Estate signs two new leases at 100 Crosby St.

New York, NY GFP Real Estate, LLC has completed two new lease transactions totaling 8,021 s/f at 100 Crosby St. The historic building is now 100 percent leased.

Donna Vogel, senior managing director of GFP Real Estate represented the landlord, GFP Real Estate, in the below transactions.

“100 Crosby St. is known as one of the best office buildings in SoHo and has continued to see strong demand for its prime location just off Prince Street and gracious lobby entrance on cobblestone-clad Crosby St.—we are excited to see the building completely leased up, a rarity in today’s market,” said Vogel.

Runway Growth Capital, a leading venture debt lender supporting passionate entrepreneurs building great businesses, signed a seven-year lease for 6,072 s/f on the sixth floor. The company will use the space for general and executive offices.

Troy Elias and Nick Masi of Cushman & Wakefield represented the tenant, Runway Growth Capital, in the transaction.

ES Windows NY LLC, a manufacturer of aluminum and glass windows for commercial and residential buildings, signed a three-year lease for 1,949 s/f on the fifth floor. ES Windows will use the space for its New York showroom.

Arie Abadi of AA Management NYC represented the tenant, ES Windows, in the transaction.
 

MORE FROM Brokerage

REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium

Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired  CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
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