News: Brokerage

The Moinian Group leases 18,000 s/f in five West Gramercy Assocs.’ locations

Manhattan, NY The Moinian Group has signed 18,000 s/f of new leases across five properties in the Flatiron district.

Gabriel Whitman, vice president of commercial leasing at The Moinian Group and Gregg Weisser, director of commercial and retail real estate at The Moinian Group, represented the landlord, West Gramercy Associates, LLC.

The new tenants consist of:

Yinova Management Co. signed a 5,000 s/f lease for the acupuncture clinic at 37 West 17th St. Armano Real Estate represented Yinova.

PlayPlay, the leading online video maker for businesses, signed a 5,000 s/f lease at 53 West 21st St. Raise Commercial Real Estate worked alongside The Moinian Group to represent the landlord and Cushman & Wakefield represented PlayPlay.

Tej Beauty Enterprises, Inc. signed a 3,000 s/f lease at 10 West 18th St. for the skincare brand. Integrity SQ represented Tejin.

Kids at Work, the early childhood class and activity purveyor, signed a 2,500 s/f lease at 147 West 24th St. Tristate Commercial represented Kids at Work.

LineLeap, a line services platform, signed a 2,500 s/f lease at 29 West 17th St. Cushman & Wakefield represented LineLeap.

These five properties make up a portion of The Moinian Group’s West Gramercy commercial portfolio, comprised of seven buildings totaling 122,000 s/f and located within the Midtown South office district.

Each property within the portfolio are steps away from major subway lines, a world-class range of dining options, hotels and nightlife. Offer amenities including newly renovated, single tenant full floors, open layouts, private bathrooms, pantries and 24/7 building access.

“Working in tandem with West Gramercy Associates, we’re thrilled to have facilitated leases with a diverse range of tenants as the Midtown South market continues to exhibit a robust leasing velocity,” said Nick Berger, director of commercial leasing at The Moinian Group. “Flatiron’s central location coupled with the access to excellent public transportation continue to create a vibrant neighborhood that attracts a wide variety of great companies.”

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