News:
Brokerage
Posted: May 24, 2022
GFP Real estate signs branding agency QNY Creative to a 3,964 s/f lease
New York, NY GFP Real Estate, LLC has signed QNY Creative to a 7-year lease for 3,964 s/f of office space on the 35th floor of 515 Madison Ave.
QNY Creative provides branding services, including everything from brand development, packaging and web design, content strategy, search engine marketing and community management. The branding agency works with a wide variety of lifestyle brands, including well-known companies like Ferrari, L’Oréal and National Geographic Unique Lodges of the World.
“515 Madison has open-floor plans paired with oversized windows overlooking the Empire State Building, a perfect fit for creative firms like QNY, which also liked that ownership is located within the building,” said Martin McGrath, senior managing director of GFP Real Estate.
McGrath of GFP Real Estate and William Grover of Newmark represented the landlord, while Diego Rodino di Miglione, Ricky Ryan and Richard Nocom of Cushman & Wakefield represented the tenant in this lease transaction.
Tags:
Brokerage
MORE FROM Brokerage
Berger and Koicim of Marcus & Millichap sell 17-unit multi-family for $8.8 million
Manhattan, NY Marcus & Millichap negotiated the sale of 207 E. Fourth St., a 17-unit mixed-use multi-family property the East Village. The asset sold for $8.8 million. “This transaction underscores
.jpg)
Quick Hits
Columns and Thought Leadership
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
AI comes to public relations, but be cautious, experts say - by Harry Zlokower
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
.gif)