News: Brokerage

Greenspan, Heaner and Warren of Kaufman Org. handle 5,702 s/f lease

45 West 27th Street - Manhattan, NY

Manhattan, NY According to the Kaufman Org., London-based design agency, Design Bridge, has signed a 5,702 s/f, full-floor lease on the seventh floor at 45 West 27th  St. (45W27), the newly brought to market office building in  Kaufman’s Madison Sq. portfolio. Design Bridge has a global presence in London, Amsterdam and Singapore and is now marking its 30th year anniversary with the expansion of its New York City footprint.

“We are thrilled to welcome Design Bridge, a world-renowned agency, as the first office tenant to 45W27,” said Grant Greenspan, principal of Kaufman. “With several leases already out for other floors in the building, we are confident 45W27 will continue to experience leasing success, as tenants are attracted to the high quality space with unique amenities in a central location.”

Kaufman’s Greenspan, Michael Heaner and Elliot Warren represented the landlord, 45 W 27 Leasehold LLC.

Grant Greenspan, The Kaufman Org.

Since launching in 1986, Design Bridge has specialized in brand design, strategy and corporate identity. The agency counts international brands such as Unilever, Mondelez, Guinness and Lipton among its client roster. Guinness tapped Design Bridge for one of the agency’s most notable projects – reimagining the Guinness harp, a globally recognized brand mark after its 250th anniversary.

Relocating from SoHo to accommodate the company’s growth, Design Bridge will be moving into its new full-floor space at 45W27 in spring 2017. The modern, pre-built space features new bathrooms, hardwood floors, high ceilings and tech amenities. Design Bridge will also be doing additional cosmetic work.

45W27 offers top-line capabilities that meet the technology, broadband and security needs of its tenants. The firm teamed up with Design Republic, a notable architectural design firm, to create a lobby with custom-designed, illuminated, three-dimensional wooden fins and elevators with glassed back walls that reveal custom graffiti art. The building’s ideal NoMad location puts Design Bridge’s employees in close proximity to numerous subway stations, including the R, W, 4, 5, and 6 lines.  

45W27 is the last building in Madison Square Portfolio with a variety of expansion opportunities available for prospective tenants to encompass multiple floors. The other buildings within the portfolio include 19 West 24th St., which is at full occupancy and 15 West 27th  St. currently at 85 percent occupancy.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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.
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,
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