News: Brokerage

Kaufman and Rascob of Kaufman Organization broker 7,000 s/f lease

According to The Kaufman Organization, Printmaker International, Ltd., a textile design company, has signed a five-year lease for 7,000 s/f at 470 Seventh Ave. Steven Kaufman and Barbara Raskob of the Kaufman Organization represented the landlord while Marc Schoen of Savitt Partners, LLC represented the tenant. The space was formerly occupied by Sababa Global Productions. Printmaker International was founded 23 years ago as a sample textile design company. Today the company has expanded to custom artwork, have an in-house studio and specialize in silk fabrications. Printmaker International will use the entire sixth floor to operate its independent brand strategy design firm. 470 Seventh Ave. is located in the Garment District and was built in 1925. This 12-story building features a concierge and 24/7 access. Tenants include Web Collage, Inc., MTA and The Design Council. Retail tenants include: Bread Factory, Hale & Hearty Soups, Starbucks and Joseph Bechor & Rock & Soul Electronics. The Kaufman Organization, with over 85 years experience and 6.9 million s/f of owned or managed space, has long been considered one of the most prominent and well-respected real estate companies in the New York metropolitan area. The company offers a fully integrated spectrum of leasing and management services to diverse owners and tenants and is continually looking to build its portfolio through property acquisitions.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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.
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