Kaufman Leasing Company (Kaufman), a Manhattan-based full service real estate firm announces that Coast, a financial services company that works to make fleet and fuel payments easy, has signed a 8,085-square-foot lease at ASB Real Estate’s newly-renovated 625 Broadway. The company will occupy the entire 9th floor of the 12-story property in SoHo.
“The renovations to 625 Broadway were completed in 2021 and have since brought newly designed pre-built spaces to the building. We have been seeing these high-end loft spaces attract companies in the cryptocurrency, financial tech, advertising, media and showroom spaces,” said Grant Greenspan, Partner at Kaufman. “For a financial tech company like Coast, this location offered a space that could support the company’s growth serving as the New York City headquarters as well as offer employees a flexible work life with a creative, high-quality office environment on the East Coast.”
Grant Greenspan, Elliot Warren and Jared Sternberg of Kaufman Leasing Company represented the landlord, ASB Real Estate. Eric Ferriello and Sam Einhorn of Colliers represented the tenant, Coast, in this transaction.
625 Broadway is a 12-story building that was built in 1896 and renovated in 2021. Located on Broadway between Bleecker Street and Houston Street, the property benefits from its proximity to subway lines including 6, B, C, D, E, F, J, M, R, Z, and W. 625 Broadway features a significantly modernized building infrastructure, elevators and improvements to the lobby. In addition, the building includes art installation and design lobby, an entry security system with 24/7 building access and glad fronted offices, conference rooms and private phone booths.
For more information regarding leasing opportunities with Kaufman Organization, please visit https://www.kaufmanorganization.com/. For more information regarding 625 Broadway, please visit https://625broadwaynyc.com/.