News: Brokerage

Newmark signs three tenants to 185 Broadway

Manhattan, NY Newmark Retail has secured three new leases at 185 Broadway on behalf of SL Green Realty Corp. (NYSE: SLG). The leases, to tenants One Medical, Wells Fargo and T-Mobile, total 12,228 s/f. Newmark's vice chairman Ariel Schuster, senior managing director Ross Berkowitz, director Mitch Heifetz and associate director Jason Wecker represented the landlord on all three transactions.

"The addition of these well-known providers to the area marks an important shift in the retail landscape of the Financial District," said Berkowitz. "The neighborhood is attracting best-in-class tenants to a revamped retail market repositioning itself to meet the needs of both the area's workers and residents."   

One Medical is taking space on the entire second floor spanning 7,072 s/f. Wells Fargo secured the north corner ground floor retail space totaling 2,086 s/f. T-Mobile signed for 3,070 s/f along the ground floor space, just south of Wells Fargo.   

185 Broadway is located in Downtown Manhattan and provides a flagship street retail presence in the neighborhood's most concentrated retail corridor with neighbors including Urban Outfitters, Century 21, Anthropologie, Gap and Zara. 

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
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
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