News: Brokerage

Kaufman Organization leases 5,418 s/f at 19W24

Grant Greenspan,
The Kaufman Org.

Manhattan, NY According to The Kaufman Org., Wilson Daniels Wholesale, LLC, an importer and distributor of fine wines, has signed a 5,418 s/f, seven-year lease to double its presence at Kaufman’s 19 West 24th St. (19W24) in NoMad. The St. Helena, CA-based wine wholesaler will now occupy the entire sixth and seventh floors, totaling 10,836 s/f, of 19W24, which is part of Kaufman’s Madison Sq. portfolio. Grant Greenspan, principal, Elliot Warren and Michael Heaner of Kaufman represented the landlord and the tenant.

“Wilson Daniels is a prime example of the type of sophisticated and unique tenants that our dynamic Madison Square Portfolio attracts and retains,” said Grant Greenspan, principal of Kaufman. “Wilson Daniels’ choice to expand at 19W24 is a testament to the portfolio’s leadership in providing turnkey, flexible, loft-style spaces that position growing firms in the center of one of Manhattan’s most trendy and design-forward neighborhoods.”

Founded in 1978, Wilson Daniels is a family-owned marketing and sales company that prides itself on representing a highly selective portfolio of the world’s most distinctive wines and spirits. The firm, which recently celebrated its 40th anniversary, maintains a focused, exclusive inventory with less than 100 of the world’s top wine and spirits brands. Some of the notable wine brands in the Wilson Daniels’ portfolio include two of the most acclaimed French Burgundy domaines in the world, Domaine de la Romanée-Conti and Domaine Leflaive; Castello di Volpaia of Tuscany, Italy; Dal Forno Romano of Veneto, Italy and Schramsberg of California. Wilson Daniels was also recently named the sole U.S. importer of the prolific, world-famous Bordeaux wines of Edmond de Rothschild Heritage.

The notable roster of tenants at 19W24 includes fintech firm Transfer Wise, investment bank Pursuit Advisory, men’s luxury custom clothing line Knot Standard and Italian restaurant Trattoria Italienne. 

Kaufman spearheaded a multi-million dollar capital improvements campaign since acquiring the Madison Square Portfolio in April 2014, in an effort to appeal to NYC’s top creative, tech and new media tenants. 19W24 offers top-line amenities that meet the technology, broadband and security needs of its tenants. The firm teamed up with Design Republic, a notable architectural design firm to create a lobby with custom-designed, illuminated, three-dimensional wooden fins and elevators with glassed back walls that reveal custom graffiti art.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account