News: Brokerage

GFP Real Estate signs a 5,130 s/f seven-year lease

Manhattan, NY According to GFP Real Estate, LLC, Architectural Partnership Atelier (APA), a MBE firm that has provided comprehensive services in architecture, planning and interior design for more than 36 years, has signed a seven-year lease for 5,130 s/f of general and executive office space on the fifth floor of 200 Varick St. in Hudson Square.

Jeffrey Gural and Rhonda Singer of GFP Real Estate represented the landlord, 200 Varick Street DE LHC LLC, and the tenant, APA, in the direct lease transaction. 

“APA has been a valued tenant at 200 Varick for over 30 years, and we're proud of the strong relationship we've built over that time,” said Singer. “We're thrilled we could accommodate their expansion within the building so the firm can continue to thrive here for years to come."

A tenant for more than 30 years, the new lease marks a significant expansion for APA, which previously occupied a 2,345 s/f space on the fifth floor at the building. APA’s new space was occupied by Carver Edison Inc. 

Built in 1927 and designed by architect Frank S. Parker, 200 Varick St. is a 12-story, 490,000 s/f office building located in Hudson Square. The property features oversized windows with four exposures; new mechanicals; and brand-new elevators with a lobby boost system, increasing efficiency and reducing wait times. Major tenants at the building include Film Forum, AHRC New York City, Reservoir Media, Omnicom Group, and Neufeld Scheck Brustin Hoffmann & Freudenberger, LLP, among others. 200 Varick St. offers access to the 1 train, located at the building’s doorstep, as well as the C and E trains on nearby Spring Street.

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.
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
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