News: Brokerage

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.

MORE FROM Brokerage

Industrial Realty Group acquires 422,727 s/f distribution facility in south St. Paul

St. Paul, MN Industrial Realty Group, LLC (IRG) acquired a 422,727 s/f industrial distribution facility located at 411 Farwell Ave. in south St. Paul. The property was formerly the headquarters of The Sportsman’s Guide, an online and
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.
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
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,