Greenspan, Kaufman and Warren of The Kaufman Org. represent landlord in 32,144 s/f lease at 100-104 Fifth Avenue
July 11, 2011 - Brokerage
The Kaufman Org. has signed a 32,144 s/f lease at 100-104 Fifth Ave. for Net-A-Porter. Grant Greenspan, Michael Kaufman and Elliot Warren of the Kaufman Org. represented the landlord, while Owen Hane of Cushman & Wakefield represented the tenant.
100-104 Fifth Ave., built in 1905, is a 17-story, 270,000 s/f building located in Union Sq. The building features a mix of creative and new media companies, advertising and architectural firms, educational companies and financial firms. Kaufman Org. with their partner Invesco will embark on a repositioning of 100-104 Fifth Ave. through a capital improvement program totaling $9 million. This will include renovating the lobbies, elevators and building infrastructure.
The Kaufman Org., with 100 years experience and 5.2 million s/f of owned or managed space, has long been considered one of the most prominent and well-respected real estate companies in the New York metropolitan area. The company offers a fully integrated spectrum of leasing and management services to diverse owners and tenants and is continually looking to build its portfolio through property acquisitions. www.kaufmanorgainzation.com