News:
Brokerage
Posted: January 21, 2020
Koeppel of Koeppel Rosen brokers 17,610 s/f lease; Okun of Cresa reps. tenant
Manhattan, NY Bowery Farming is expanding and relocating to 151 West 26th St., a building owned by the Rosen family. The company will occupy the 12th floor, taking 17,610 s/f, and will have an exclusive roofdeck as an amenity to its employees. Bowery Farming is moving from 5,254 s/f at 36 West 20th St., also owned by the Rosen family.
“Bowery Farming’s trajectory has been so impressive and we wanted to work with this innovative company as it continues to grow,” said Max Koeppel, director of leasing, at Koeppel Rosen LLC, who represented the Rosen family. “We were able to locate another building within our portfolio that could meet its needs and continue the relationship that we have developed.”
Koeppel Rosen is the leasing and managing agent for the Rosen family’s Manhattan portfolio. Cresa principal Michael Okun represented Bowery Farming for both the new space and its current location.
Bowery Farming raised $90 million from investors including Uber CEO Dara Khosrowshahi and Alphabet Inc.’s GV, formerly Google Ventures.
Tags:
Brokerage
MORE FROM Brokerage
Industrial Realty Group acquires 422,727 s/f distribution facility in south St. Paul
St. Paul, MN Industrial Realty Group, LLC (IRG) acquired a 422,727 s/f industrial distribution facility located at 411 Farwell Ave. in south St. Paul. The property was formerly the headquarters of The Sportsman’s Guide, an online and
Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
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.
.gif)
August Promotion
