News: Brokerage

Perlman and Brodsky of NKF arrange 70,728 s/f lease for Marcum LLP

Manhattan, NY Newmark Knight Frank (NKF) has arranged a 70,728 s/f office lease for accounting firm Marcum LLP at 730 Third Ave. NKF’s executive managing director Ross Perlman and senior managing director Lee Brodsky represented the tenant. Ownership was represented by Neil King and Paul Amrich of CBRE.  

Marcum will relocate its headquarters office to 730 Third Ave. from its current space at 750 Third Ave., adding over 10,000 s/f as the firm experiences continued growth across the country. The new space is an upgrade for Marcum, which has offices in more than 30 cities across the U.S., and includes access to a wraparound terrace and the opportunity for logo signage in the building’s lobby. The firm expects to move into the property by early 2021.

“Marcum is a dynamic, growing firm that was looking to upgrade the quality of its workplace with their expansion, while staying within its current submarket,” said Perlman. “Having partnered with Marcum through the years, we understood the importance of identifying a location that would support the firm’s business needs, most importantly its future growth and recruitment goals.”

730 Third Ave. is a 27-story, 665,110 s/f office tower near Grand Central Terminal. The building’s ownership is working on a large project to reimagine the space, adding two new lobbies, double-height storefronts and a 35,000 s/f amenity center that will include a tenant-exclusive food hall, a fitness center, and a conference center. The building will also have a 7,000 s/f roof terrace on the 22nd floor available to all tenant use.

 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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
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.