Falk, Cagner, Wang and Franzel of Newmark Grubb Knight Frank retained as exclusive agent for Kenneth Cole Corporate Headquarters at 707 11th Avenue
New York, NY Newmark Grubb Knight Frank (NGKF) has been retained as the exclusive agent of Kenneth Cole’s corporate headquarters at 707 11th Ave. Situated on the corner of 50th St. and 11 th Ave., floors three, four and five totaling 65,000 rentable s/f, are available on a direct basis. NGKF president New York Tri-State region David Falk, senior managing director Eric Cagner, managing director Greg Wang and associate Jonathan Franzel will be marketing the space on behalf of Kenneth Cole, currently the building’s single tenant and owner.
The available third, fourth and fifth floors have a separate entrance with a private lobby on 11th Ave. The three floors are comprised of side core floor plates, which present the open-concept environment that is popular with many creative companies today. Additional building features include exposed brick, original wood beams, an abundance of windows, a potential 2,000 s/f terrace, a fully-operational cafeteria available to all building tenants and access to an 8,000 s/f shared event space with 20-ft. high ceilings.
“We think the building’s unique architectural features will resonate with creative tenants that are finding it challenging to find unique, well priced space in today’s market,” said Cagner. “The lobby and private entrance also allow for a unique branding opportunity that few buildings can offer.”
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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