News: Brokerage

Okun of CBC Alliance arranges 21,945 s/f office expansion for comiXology

For the third time since 2007, Michael Okun, a senior managing director at Coldwell Banker Commercial Alliance (CBC Alliance), has helped comiXology relocate to larger space commensurate with the speed of the digital comics platform's growth. The new 21,945 s/f offices that Okun found at 512 Seventh Ave., between 37th and 38th Sts., were plug-and-play ready and fully furnished with exposed ceilings and surrounded by windows. "My clients are visionaries in their market and have grown so quickly that we more than tripled their space this time," said Okun. "Last year, comiXology was ranked as the number three top-grossing iPad app, and the only one to stay on the top 10 list from the year before. Their new offices will work perfectly for them." Prior to signing the seven-year lease at 512 Seventh Avenue, comiXology had a 7,500 s/f office at 159 West 25th Street. Representing the landlord were Matthew Feigen and Michael Dreizen, senior managing director, and Matthew Feigen, associate director, Newmark Grubb Knight Frank.
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
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
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