The Moinian Group inks 5,000 s/f lease with Cobalt Service Partners in Flatiron

Manhattan, NY The Moinian Group has signed a 5,000 s/f, five-year lease with Cobalt Service Partners, a commercial access solutions platform at 53 West 21^st St. in the Flatiron district. Cobalt Service Partners will use its new space for the company’s office operations upon move-in in Q1 2025.

Doug Regal, executive vice president and Chelsea Foster, associate at JLL represented the landlord (The Moinian Group) in the transaction. The tenant (Cobalt Service Partners) was represented by Ross Eisenberg, chief executive officer and Jeremy Birns, office leasing advisor at RDE Advisors, Inc.

“We are thrilled that Cobalt has chosen to expand its Manhattan presence within one of our esteemed Midtown South properties,” said Omar Sozkesen, vice president of Commercial Leasing at The Moinian Group. “Situated within a vibrant neighborhood with unparalleled accessibility, 53 West 21^st St. offers Cobalt Service Partners’ a prime location for their continued growth trajectory, and we are excited to welcome them to our distinguished roster of businesses operating at the building.”

Cobalt Service Partners acquires and grows the leading businesses specializing in access solutions, including commercial doors, security gates and surveillance systems. Backed by Alpine Investors, Cobalt provides a long-term, trusted home for business founders, focused on people, technology and lasting impact.

53 West 21^st St. is one of seven buildings that make up The Moinian Group’s Flatiron Commercial Portfolio, totaling 122,000 s/f and located within the desirable Midtown South office district. Recently, The Moinian Group facilitated 24,000 s/f of leases across five of the properties with Oden Technologies, Kids at Work, Yinova Management Company, PlayPlay and Tej Beauty Enterprises, Inc.

Each property within the Flatiron portfolio is steps away from major subway lines, a world-class range of dining options, hotels and nightlife. All offer amenities including newly renovated, single tenant full floors, bright and open layouts, private bathrooms, pantries and 24/7 building access.

(Photo Credit: The Moinian Group)