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Deals & Dealmakers

GFP Real Estate Inks Four Leases at 594 Broadway Totaling 15,485 SF

GFP Real Estate, LLC is pleased to announce four new leases at 594 Broadway in SoHo totaling 15,485 square feet.

“594 Broadway continues to attract an eclectic mix of creative and tech-related companies looking for a SoHo loft office with generously proportioned windows and exposed brick in a great downtown neighborhood,” said Donna Vogel, senior managing director of GFP Real Estate.  

In the first transaction, Kalshi Inc., an innovative financial services platform that “allows people to trade on event outcomes, from whether Brexit will happen this year to whether it will rain in NYC tomorrow,” signed a short term, six-month lease extension for its 4,319-square-foot office space on the fourth floor.  Justin T. Pollner of Newmark represented Kalshi in the transaction; Donna Vogel of GFP Real Estate represented the landlord, GFP Real Estate. 

In the second transaction, Kostow Greenwood Architects, an architecture firm that “designs spaces that help people perform better,” signed a two-year lease renewal for its 2,656-square-foot space on the third floor.  The firm’s well-known clients include CNN, VSP Global, HBO, MTV, M&C Saatchi Group, CBS, 92|Y, Barnard and more.  Donna Vogel of GFP Real Estate represented the landlord and dealt directly with the tenant in this transaction.

In the third transaction, Realworld Inc., a mobile fintech platform geared towards young adults that provides step-by-step playbooks that “educate members about personal finance, health care, renting and more, by providing actionable information and product recommendations for life in the real world,” signed a one-year lease for 2,349 square feet on the eighth floor.  Eli Someck of Redwood Property Group represented Realworld in the transaction; Donna Vogel of GFP Real Estate represented the landlord, GFP Real Estate.

In the fourth transaction, Shahla Karimi, a jeweler whose pieces have adorned the hands and ears of Reese Witherspoon, Kacey Musgraves, Gigi Hadid, Carrie Underwood, Olivia Palermo, Lucy Hale, Elisabeth Moss, and Vanessa Hudgens, among others, signed a five year lease for 1,842 square feet of space on the eleventh floor. Kim Skarvelis of Cast Iron Real Estate represented Shahla Karimi in the transaction; Donna Vogel of GFP Real Estate represented the landlord, GFP Real Estate.

Built in 1898 and formerly known as the Lyons Building, 594 Broadway is a 12-story, 250,000-square-foot building designed by Buchman & Deisler. The building offers loft-like office spaces and features exposed brick walls, high ceilings, wooden floors, original architectural columns and large windows providing an abundance of natural light. Located along Broadway between West Houston and Prince Street, the building is surrounded by renowned dining and retail offerings and is conveniently positioned near the 6, R, W, B, D, F and M trains. 

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