News: Brokerage

CBRE arranges 8,367 s/f lease at 61 West 23rd St. for The Action Network

Manhattan, NY CBRE has completed an 8,367 s/f office lease at 61 West 23rd St. The Action Network, a sports media company featuring news and analysis focused on sports betting in the United States, inked a long-term lease on the second floor of the seven-story, luxury loft office property located in the Flatiron District. 

The CBRE team of Paul Amrich, Neil King, Alexander Golod and Meghan Allen spearheaded the leasing campaign at 61 West 23rd St. and represented the ownership, 61 West 23rd Street LLC, in the negotiations. The asking rent was $78 per s/f. 

“With its recent redevelopment, 61 West 23rd Street offers a distinguished product in the Flatiron District. We are thrilled to welcome Action Network to the building and continue to attract highly regarded tenants alike,” said Colleen Wenke, president, Taconic Development Advisors, as Ownership’s development advisor.

Built in 1887 and modernized in 2021, 61 West 23rd Street is a historic property with newly created loft-style office space with boutique floor plates, high ceilings and prebuilt availability.  The building features a restored façade, brand-new attended lobby, new freight lobby and new elevator cabs. Ownership welcomed new retail tenants including Sisu Cosmetics and Empire State of Wine. The building is located one block west from Madison Square Park and close to all major subway lines.

MORE FROM Brokerage

Residential real estate consultancy and brokerage firm Nancy Packes, Inc. rebrands as NPI

Manhattan, NY The NYC-based premier residential real estate consultancy and brokerage firm, Nancy Packes Inc., has rebranded as NPI. Helmed by Seth Rosner, most recently the firm’s managing partner and now president, the company has been intricately involved in hundreds of Tri-State new developments and conversions, spearheading the full project life cycle, from assessment/pre-dev.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The art of investing in real estate - by Thomas Donovan

The art of investing in real estate - by Thomas Donovan

Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
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.