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Deals & Dealmakers

JLL brokers five leases at 135 Fifth Avenue

JLL has completed five full-floor leases for a total of 17,310 square feet of space at 135 Fifth Avenue in Manhattan’s Flatiron District on behalf of building owner Gordon Property Group LLC. Each floor offers 3,462 square feet.

Polaroid America Corp leased the entire sixth floor of the building for five years; Swavelle signed for the entire tenth floor for five years; Hooman Khorasani, M.D. signed for the entire third floor for ten years; Modern Treasury signed for the entire fourth floor for two years; and Atlantic Retail Group signed for the entire ninth floor of the property for five years.

135 Fifth Avenue is a 10-story, 30,370-square-foot property with 10 3,462-square-foot full-floor units. The building has a recently renovated the lobby and elevator cabs and offers abundant windows, light and air. Originally constructed in 1900, the property is located in the heart of the Flatiron District, with numerous restaurants and amenities including Madison Square Park and Union Square Park in the immediate area. 135 Fifth Avenue provides access to mass transit and stands in close walking distance to the 23rd Street subway station and the 14th St-Union Square subway station.

Gordon Property Group was represented by Seth Hecht, executive vice president, and Thomas Swartz, associate, with JLL. Polaroid America Corp was represented by Michael Yadgard, principal, with Compass; Atlantic Retail Group was represented in-house; Swavelle was represented by Corey Borg, managing director, with Newmark; Hooman Khorasani, M.D. was represented by James Costello, managing director, with Sinvin Realty LLC; and Modern Treasury was represented by Christopher Foerch, managing director with Savills.

“We are pleased to work in partnership with Gordon Property Group to showcase its remarkable portfolio, including 135 Fifth Avenue, 821 Broadway, 860 Broadway and 441 Lexington/Grand Central,” Hecht said. “The recent leasing at 135 Fifth Avenue demonstrates the appeal of distinct, well-located space with access to neighborhood amenities.”

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