News: Brokerage

Mesmer of GVA Williams brokers two leases consisting of 20,000 s/f

According to GVA Williams, Ultrabland, Inc. and Kidrobot have leased a total of 20,000 s/f in space at 39 West 19th St. and 56 West 22nd St., respectively. The firms took 10,000 s/f each in the buildings, which are both located in the Chelsea neighborhood. Ultrabland signed a 10-year lease at 39 West 19th St., located between Fifth and Sixth Aves. Asking rents in the building are $35 per s/f. The boutique company, which creates promotional pieces and trailers for TV networks, including HBO, Nickelodeon, Showtime, and Lifetime, was previously located at 27 West 24th St. The company joins several other art and creative firms in the building, including The School for Film and Television and Dance Manhattan. Kidrobot will lease the ninth and tenth floors of 56 West 22nd St., also between Fifth and Sixth Aves. The building's asking rents are $41 per s/f. Perry Mesmer of GVA Williams represented the landlord in the Ultrabland lease, and both the tenant and the landlord in the Kidrobot transaction. Joe McLaughlin of Capstone Realty negotiated on behalf of Ultrabland, Inc. in its lease transaction.
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
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.
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