News: Brokerage

Koeppel Rosen leases 11,986 s/f to Ford Models at 36 East 31st St.

Manhattan, NY Koeppel Rosen LLC, leasing and management agent for the Rosen family portfolio, and stewards for other local office properties, said that Ford Models, Inc., has signed a new 11,986 s/f office lease at 36 East 31st St. in the Midtown South neighborhood.

Ford Models will occupy the entire 8th floor of the property under a lease term of five years and five months and will utilize the new space as its New York office. The space is being built out to meet the tenant’s needs; during the construction period, Ford Models will temporarily occupy space on the 9th floor at 135 Madison Ave., another building in the Koeppel Rosen portfolio.

Max Koeppel, director of leasing at Koeppel Rosen, represented ownership in the lease negotiations. Bradley Cohn and Alan Bonett of Adams & Company Real Estate, LLC represented Ford Models.

“We are pleased to welcome Ford Models to 36 East 31st Street,” said Koeppel. “This lease reflects the continued demand we are seeing from established companies seeking well-located, efficient office space in Midtown South and we believe the building will provide an excellent long-term home for Ford Models.”

Constructed in 1914, 36 East 31st St. is a 12-story mid-rise loft and office building in the Midtown South neighborhood. Situated between Park Ave. and Madison Ave., the building offers 146,199 rentable s/f and is recognized for its fluted column façade. The building is near several local Midtown including restaurants and attractions and is close to numerous public transportation options.

Current tenants at 36 East 31st St. include North Shore Community Services, Inc., Gramercy Park Administrative Services, Clover II Corporation, and Hilldun Corporation.

Founded in 1946, Ford Models, Inc. is a leading international modeling agency headquartered in New York City. The firm represents top fashion models and creative talent across editorial, runway, advertising, and digital media. Over the decades, the company has played a significant role in shaping the modern modeling industry, discovering internationally recognized talent and collaborating with many of the world’s most prominent fashion brands and designers.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
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,
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