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Brokerage
Posted: October 15, 2019
Okun and Taormina of Cresa complete 5,000 s/f lease for Octave; Koeppel of Koeppel Rosen LLC reps owner
Manhattan, NY Cresa’s Michael Okun, principal, and Daniel Taormina, vice president, have arranged a new location for Octave at 45 East 20th St., between Broadway and Park Ave. South, in Flatiron (the Ladies’ Mile Historic District.) It is the second lease Cresa has arranged for the modern behavioral health group within the past year and comprises 5,000 s/f spanning the entire sixth floor of the building, with a 10-year lease term. Octave, which opened its flagship unit on Madison Ave. near Bryant Park in January, provides a full range of offerings to support emotional well-being.
“Octave provides a wide range of services for busy, working professionals,” said Okun. “It is why we focused both locations on mixed-use districts, convenient to public transportation.”
Taormina said, “Working with the Octave team is always a pleasure. They are mindful of their client-base and consistently seek out spaces that project a calm environment. The building’s owners and their representatives were exceptionally accommodating.”
The 12-story building is owned by the Rosen Family. Max Koeppel, director of leasing with Koeppel Rosen LLC, represented the ownership. The property features a new restored historic district façade, lobby and entryway.
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