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Deals & Dealmakers

VC-Backed Coding Company Warp Expands, Signs New Lease at 740 Broadway

GFP Real Estate, LLC is pleased to announce that Warp, a growing tech company whose mission is to “elevate developer productivity” via its innovative, proprietary Rust-based coding terminal designed to make development teams more productive at coding and application development, has signed a three-year lease for 3,080 square feet on the eighth floor 740 Broadway in NoHo.

Previously located at nearby 594 Broadway, another GFP building, Warp has expanded in recent months. Its new space at 740 Broadway is more than triple the size of its previous office at 594 Broadway.

“Tech firms continue to seek out space at 740 Broadway due to its incredible NoHo location, flexible floorplates and oversized windows that give the offices a creative, loft-like vibe.  And while Warp and others continue to operate “remote-first,” they want their offices to remain an attractive hub for workers when an office visit is necessary,” said Donna Vogel, senior managing director of GFP Real Estate.  “We were thrilled to be able to accommodate Warp within the GFPRE portfolio as the company continues to expand.”

Donna Vogel of GFP Real Estate—and Anthony Sciacca, Brittany Silver, Robert Silver and Jamie Jacobs of Newmark—represented the landlord, Lafayette-Astor Associates, LLC in the transaction; Valentin Stobetsky of Jones Lang LaSalle represented the tenant.  The space was previously occupied by The Hetrick Martin Institute, which recently signed a 15-year lease renewal for other space within the building.

Built in 1912, 740 Broadway is a 12-story, 152,000-square-foot loft building designed by architect Francis H. Kimball in Beaux-Arts style.  Prominently situated on the Southeast corner of Broadway and Astor Place in NoHo, the building offers efficient flexible floorplates, high ceilings, tenant-controlled A/C and new large operable windows that provide an abundance of natural light and unobstructed views north. The building’s brand-new contemporary lobby features state-of-the-art architectural media walls that showcase breathtaking video footage of nature from around the world.

Located just off Astor Place, the building offers a 24/7 attended lobby and close proximity to the 4, 5, 6, L, N, Q, R, and W trains via the Astor Place and Union Square stations, NJT’s 9th Street PATH and multiple bus lines.

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