News: Brokerage

Nasco Stone and Tile secures lease at Koeppel Rosen’s 45 East 20th St.

Manhattan, NY According to Koeppel Rosen LLC, leasing and management agent for the Rosen family portfolio, Nasco Stone and Tile has signed a 5,000 s/f lease at 45 East 20th St.

The space, occupying the entire fifth floor, will be used as an office and a showroom. The long-term lease agreement comprises 10 years and 6 months.

Ownership was represented in house by Max Koeppel in the transaction. The tenant was represented by Elliot Warren, Kaufman Leasing Company, LLC.

Nasco Stone and Tile is a specialized provider of premium stone, tile, and architectural surface materials serving designers, contractors, and commercial clients. Known for its selection of natural stone, porcelain, and custom finishes, the firm supports both residential and commercial projects.

“The transaction with Nasco Stone and Tile continues the recent leasing momentum we’ve enjoyed at 45 East 20th Street, and we welcome our new tenant to this well-located office property,” said Max Koeppel, firector of leasing, Koeppel Rosen LLC.

Constructed in 1911, 45 East 20th St. is a 12-story mid-rise office building in the Flatiron District. The office building offers 62,856 s/f and is located between Park Ave. and Bdwy., near Gramercy Park.

On-site amenities include street-level retail, 24/7 building access, and an attended lobby. The building is near several Gramercy Park District amenities, including additional restaurants and shops, and is close to numerous public transportation options. Other tenants include Verci, Inc., a co-working space and social club, Blue Matrix LLC, a global leader in capital markets content publishing technology, Kids in the Game LLC, a sports-based youth development organization, and Majesty’s Pleasure nail salon.

MORE FROM Brokerage

Industrial Realty Group acquires 422,727 s/f distribution facility in south St. Paul

St. Paul, MN Industrial Realty Group, LLC (IRG) acquired a 422,727 s/f industrial distribution facility located at 411 Farwell Ave. in south St. Paul. The property was formerly the headquarters of The Sportsman’s Guide, an online and
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
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
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
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.