News: Brokerage

Koeppel Rosen leases 11,000 s/f at 389 Fifth Ave.

Manhattan, NY Koeppel Rosen LLC announced the latest wave of tenant leases at 389 Fifth Ave., a mix of office, retail, and specialty spaces. The 140,000 s/f building continues to attract a range of businesses. For Koeppel Rosen LLC, Max Koeppel negotiated the new office transactions at the property on behalf of ownership, 389 Associates.

Among the new tenants securing space at 389 Fifth Ave. is Dakota East Construction Corp. and Tangent Construction Inc., who together will be occupying 3,378 s/f.

Elder Care Homecare will also be a new tenant at 389 Fifth Ave. The agency, dedicated to offering comprehensive and personalized care, will occupy 3,628 s/f. Lavender Spa and Nail Inc. signed a 10-year lease for 1,200 s/f of ground-floor retail space.

AJS Creations, Inc. d/b/a Grown Brilliance, an online retailer of fine lab-grown diamond jewelry, has secured 828 s/f of office space. Additionally, Affect Group, a vertically integrated design, build, and property company, has leased 1,537 s/f.

Lambert & Shackman, PLLC, a firm specializing in real estate and commercial litigation, will occupy 336 s/f. Finally, Wall2Wall NY, a full-service temporary wall company, has taken 1,294 s/f.

MORE FROM Brokerage

SCRE expands Brooklyn family retail sector through dual closings

Brooklyn, NY Saugatuck Commercial Real Estate (SCRE) has finalized two retail leasing transactions targeting family-oriented services. Both long-term leases were brokered by Erika Tulsi, Licensed Real Estate Associate at SCRE.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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.
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
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

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

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