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Upstart residential firm grows to 63,000 s/f at 90 Fifth

90 Fifth Avenue
90 Fifth Avenue

RFR Realty announced that technology-driven real estate platform Compass has signed a new lease at 90 Fifth Avenue to grow its space there by 12,602 s/f.

The lease, for the entire seventh floor, brings Compass’ total square footage of occupied space in the building to 63,010 s/f across the third through seventh floors.

Compass — formerly Urban Compass — has grown aggressively, signing several high-profile leases at RFR properties since summer 2014, when it took the first two of its current five floors at 90 Fifth Avenue.
Then, in September 2014, Compass signed a 10,700 s/f lease at RFR’s 390 Park Avenue, on the heels of which it effectively doubled its space at 90 Fifth Avenue, with a lease to occupy 25,000 s/f on the entire fifth and sixth floors. Amenities of the office include a roof deck, shower, pool table and expansive kitchens.

Recently renovated, upgraded and reintroduced to the market, 90 Fifth Avenue is a 140,000 s/f office building in a corridor popular among tech, media and publishing firms.

Improvements at the building include a new lobby with site-specific art program, new elevator cabs, bathrooms and common areas, as well as upgraded building infrastructure and a new 2,500 s/f landscaped terrace.

Ted Moudis Associates, which previously designed space for Compass at 90 Fifth and has designed offices for Condé Nast, Revlon and Tiffany & Co., is designing the interior of the new office.

AJ Camhi represented RFR in-house in the lease. Compass was represented in the transaction by Mark Mandell and Ethan Silverstein of Cushman & Wakefield.

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