News: Brokerage

M&C Saatchi Group relocates to 13,000 s/f at 16 West 22nd St.

Manhattan, NY Saatchi Group, a London-based creative agency with offices worldwide has signed a new 10-year lease for 13,000 s/f — the entire ninth floor — at 16 West 22nd St. in the Flatiron District.

Barbara Yagoda of GFP Real Estate represented the landlord, GFP Real Estate, in the transaction; Michael Thomas and Aiden Campbell of Colliers International represented the tenant, M&C Saatchi Group.

The company, which was located at 88 Pine St. and is expected to move into the building this month, will use the space for its general and executive offices. GFP Real Estate also serves as the building’s property manager.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
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 art of investing in real estate - by Thomas Donovan

The art of investing in real estate - by Thomas Donovan

Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
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.