News: Brokerage

Rose and Spiegel of Rose Associates lease 24,300 s/f

According to Rose Associates, Inc., Gracious Home has leased 24,300 s/f of retail space at Chelsea Landmark, a new 38-story, 406-unit rental building located on the east side of Avenue of the Americas between 25th and 26th Sts. Amy Rose, executive senior managing director of Rose Associates, and Bruce Spiegel, senior managing director of commercial leasing for Rose Associates, represented Gracious Home and the building owners. Rose Associates' William Bergman was also instrumental in arranging the lease. Gracious Home has signed a 20-year term, taking all of Chelsea Landmark's retail space, which includes 17,000 s/f of street-level retail space and roughly 7,300 s/f of lower-level retail space. The street-level portion boasts floor-to-ceiling glass along the eastern block front of Sixth Ave. between West 25th and West 26th Streets. The space also offers has wraparound frontage on West 25th and West 26th Streets. A joint development of Rose Associates and Marine Estates, Chelsea Landmark is a 38-story residential building designed by Costas Kondylis & Partners. Occupancy of Chelsea Landmark's studio, one- and two-bedroom apartments began earlier this year.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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 CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
The art of investing in real estate - by Thomas Donovan

The art of investing in real estate - by Thomas Donovan

Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
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