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Leases

GFP Real Estate Inks Four Leases at 80 Eighth Ave. in Chelsea

GFP Real Estate, LLC is pleased to announce four lease transactions totaling 8,910 square feet at 80 Eighth Ave in Chelsea.

“We are starting to see office leasing activity surging in Manhattan as more and more as companies—and their workers—begin returning to the office,” said Matthew Mandell, Leasing Manager at GFP Real Estate.  “Companies are also leasing new space as a means of enticing people back to work by creating a fresh, new environment for employees to return to.”

Matthew Mandell of GFP Real Estate represented the landlord, GFP Real Estate, in each of the transactions below. 

·      Whitman Insight Strategies, an insight and strategy consultant that helps bring the most advanced polling, messaging and targeting approaches to parties, leaders and governments, signed a 10-year lease extension for 3,542 retail square feet on the 12th floor. This long-term tenant has been in the building for nearly 20 years, using its space for general offices. Jeffrey Nissani of JSN Properties represented the tenant in this transaction.

·      Center for an Urban Future, a catalyst for smart and sustainable policies that reduce inequality, increase economic mobility and grow the overall economy in New York City, signed a seven-year lease for 2,491 square feet on the 7th floor. This forward-thinking company will use the space for general offices. Debra Wollens of Cushman & Wakefield represented the tenant in this transaction.

·      Justin C James D.O, a psychiatrist specializing in holistic medicine treating issues related to depression, anxiety, relationships, family conflicts, gender identity and self-esteem, signed a three-year lease extension for 2,057 square feet on the 7th floor. The tenant is relocating from a smaller space on the 18th floor. The tenant will use its space for psychotherapy and general offices. Matthew Mandelland Sam Mohabir of GFP Real Estate represented the tenant in this direct lease transaction.

·      Rockline Corp., a construction and remodeling company servicing high net-worth residential and commercial real estate brokers and their clients, signed a three-year lease for 820 retail square feet on the 3rd floor. Katarina Sundqvist of Brickhouse Group LLC represented the tenant in this transaction.

Built in 1929 and standing 282 feet tall, 80 Eighth Ave. is most well-known as the Banker’s Trust Company Building, which has occupied the building for over 70 years. This 20-story building, designed by the esteemed architect, William Whitehall, in a neo-gothic style, offers 185,000 square feet of commercial space and a newly renovated lobby that showcases its authentic architectural elements and modernizes its appeal to today’s tenants.

Located at the crossroads of Chelsea, the Meatpacking District and the West Village, 80 Eighth Ave., is just a block away from Google’s New York Headquarters, Chelsea Market and Apple W14th. The A, C, E and L trains are situated directly behind the building, while the 1, 2, and 3 trains are one block away, providing an easy commute to and from the building.

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