News: Brokerage

Vanguarde Digital signs lease at 333 West 39th St., reflecting continued growth in AI and tech leasing demand

Manhattan, NY GFP Real Estate, LLC made known that Vanguarde Digital LLC has signed a three-year lease 4,410 s/f for the entire 14th floor of 333 West 39th St. in Midtown West.

Vanguarde Digital, a technology innovation and digital transformation firm delivering AI-driven solutions and workforce development programs, will utilize the space for executive offices, having selected a prebuilt, fully furnished suite that allows for immediate occupancy and operational efficiency.

Neil Joffee and Alan Steinberg of GFP Real Estate represented the landlord, 333 Associates (SPE) Inc., in the transaction. John Akleh and William Akleh of Sido New York represented the tenant.

“We’ve seen a noticeable increase in leasing activity from technology and AI-driven companies over the past several months, across firms of all sizes,” said Alan Steinberg of GFP Real Estate. “For many of these groups, speed and efficiency are critical, and prebuilt, fully wired spaces like those at 333 West 39th St. allow them to get up and running immediately. It’s a positive signal for the market and for New York City more broadly.”

The space, formerly occupied by Mori Lee Bridal, features a built-out layout with executive offices and modern infrastructure. GFP’s prebuilt program at the property includes fully furnished suites with tenant-controlled air conditioning, pantries and fully wired connectivity, catering to companies seeking plug-and-play office solutions.

Originally built in 1929 by architects Shampan & Shampan as a loft building, 333 West 39th St. has been fully renovated to offer 105,000 s/f of loft-style commercial office space across 14 stories. The building blends historic character with modern upgrades, featuring high ceilings, polished concrete floors and tenant-controlled central air conditioning, creating an open and flexible work environment.

Located in the Fashion District and the Times Square South submarket, the building offers access to a range of retail and dining options. It is also accessible via major transportation hubs, including Times Square–42nd St., the Port Authority Bus Terminal, Penn Station, Madison Square Garden and the West Side ferry terminal.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
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.