News: Brokerage

Williams Equities leases 100,000 s/f at 470 Park Avenue South

Manhattan, NY Williams Equities leased 100,000 s/f of office and retail space at 470 Park Avenue South since acquiring the building 18 months ago.

Williams welcomed several new office tenants to the property, including impact.com, which signed a 10-year, 41,000 s/f lease across two floors. In addition, Yoga Joint, a premier fitness and yoga studio, leased the last remaining ground-floor retail space.

“470 Park Avenue South epitomizes the type of asset that Williams Equities seeks to acquire – high-quality, transit-oriented buildings with amenities that can be activated to attract and retain long-term tenants,” said Michael Cohen, principal at Williams Equities.

The firm enhanced the building’s shared amenities, which include a private outdoor patio and event space (with a firepit), communal work lounge, and coffee bar.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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
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.
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