News: Brokerage

Messina and Gerace of JLL rep William Grant & Sons in 27,160 s/f lease at Rosen’s 902 Broadway

Manhattan, NY According to Koeppel Rosen LLC, leasing and management agent for the Rosen family portfolio, independent family-owned distiller William Grant & Sons leased 27,160 s/f at 902 Broadway. William Grant & Sons will occupy the entire second floor and partial third floor of the 20-story tower located in the flatiron district, between Union Sq. and Madison Sq. parks. The office will serve as the company’s U.S. headquarters from summer 2025.

William Grant & Sons was represented by Joseph Messina and Charles Gerace of JLL. Ownership was represented inhouse by director of leasing Max Koeppel.

William Grant & Sons will join a roster including SeatGeek, IMAX, MKDA and Fenwick. In addition, Aqua Restaurant Group unveiled its 26,500 s/f flagship New York restaurant Aqua NY.

“We’re thrilled to welcome William Grant & Sons to 902 Broadway and have them join other high-profile companies who are finding great success in this historic Flatiron icon,” said Koeppel.  “We’ve got a fantastic location, a meticulously maintained loft-era gem, and efficient, light-filled space. It’s become a beacon for brand-conscious companies that want access to the great restaurants and shops of the Flatiron neighborhood.”

Built in 1911, 902 Broadway has undergone a comprehensive capital improvement program to modernize the historic property, including a new lobby, security, destination dispatch elevators and other building systems. With 12-ft. ceiling heights and large windows, each 18,200 s/f floor is filled with light and affords efficient layouts.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
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
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