Manhattan, NY Koeppel Rosen LLC, leasing and management agent for the Rosen family portfolio, and stewards for a number of historic Manhattan office properties, reports strong leasing activity in 2025 across its expansive portfolio, signing 472,713 s/f in new leases, expansions, and extensions across 17 of its buildings.
“We were proud to welcome nearly two dozen new tenants to our properties in 2025, and continue relationships with current tenants who chose to extend or expand their existing leases,” said Max Koeppel, director of leasing at Koeppel Rosen, who represented ownership in all lease transactions. “Our buildings’ central locations in Manhattan’s Midtown South offer convenient access to a number of transportation hubs for tenants and customers. Our expansive portfolio enables companies a variety of opportunities for expansion as their operations grow.”
Koeppel Rosen signed more than 235,500 s/f in new office and retail leases at 15 of its properties for tenants in a variety of industries, including coworking, medical and healthcare, tech and startups, creative, apparel, and masonry. Notable deals include:
• 18,200 s/f for Industrious, a provider of coworking space, at 902 Bdwy.
• 17,642 s/f for Morimoto, a new restaurant by acclaimed Iron Chef Masaharu Morimoto and Montclair Hospitality Group at 1255-1261 Bdwy.
• 17,610 s/f at 151 West 26th St. for Ha Kibbutz. Based in Israel, the company will use the entire sixth floor for its first U.S. coworking space.
• 15,038 s/f on the third floor at 135 Madison Ave. for Courier Health, the developer of a fast-growing patient experience solution for the life science industry.
• 13,600 s/f for global import/export company My Sales LLC on the second floor of 1255-1261 Bdwy.
• 3,481 s/f retail space for international contemporary art gallery Eden Gallery at 122 West 27th St.
The company also experienced a high volume of lease renewals and expansions, in 35 deals totaling more than 273,000 s/f. Koeppel Rosen is positioned to accommodate in-building or in-portfolio expansion due to its diverse, well-located assets and hands-on ownership approach, allowing tenants to scale seamlessly without the disruption of relocation.
“A high volume of lease renewals and expansions signals strong tenant confidence and long-term commitment,” said Koeppel. “These transactions reflect businesses strategic choice to secure space and invest in growth amid today’s evolving New York City commercial real estate market.”
Notable transactions include:
• Swedish Institute signed a 17,610 s/f expansion, and renewed their current 40,068 s/f at 151 West 26th St.
• At 1 East 33rd St., Koeppel Rosen arranged a 39,081 s/f renewal for Capelli Sales Inc. and a 13,027 s/f renewal for Dana-Co LLC.
• GMA Accessories Inc. recommitted to 23,698s/f at 389 Fifth Ave.
• At 902 Bdwy., Merge API resigned for 18,200 s/f.
• Urban Arts Partnership negotiated an 11,502 s/f renewal at 39 West 19th St.
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,