Koeppel Rosen arranges two new office leases at 389 Fifth Ave.
Manhattan, NY Koeppel Rosen LLC, leasing and management agent for the Rosen family portfolio, and stewards for a number of office properties, said that two new office leases have been signed on the sixth floor at 389 Fifth Ave., a 12-story building in Midtown.
Unity Building Services, Inc., a full-service commercial cleaning and building maintenance company, signed a 4,147 s/f lease. Koeppel Rosen also arranged a 1,479 s/f lease for Tiger Palace Inc., a technology-driven platform focused on real estate tokenization and digital asset solutions.
Max Koeppel, director of leasing at Koeppel Rosen, represented ownership in-house for both transactions. Bradley Cohn of Adams & Company Real Estate, LLC negotiated on behalf of both Unity Building Services, Inc. and Tiger Palace Inc.
Built in 1922, 389 Fifth Ave. is a 123,195 s/f building with office and showroom space on the corner of Fifth Ave. and East 36th St. The building is fully renovated, featuring windows on three sides and a new lobby and corridors, upgraded elevators, and new restrooms. With an attended lobby, the building is accessible 24/7/365 via a key-card system. The roster of tenants at 389 Fifth Ave. includes GMA Accessories Inc., Bridge Medical, and Action Without Borders. The building sits near a variety of mass transit lines and offers proximity to Grand Central Terminal and Penn Station.