GFP Actual Property Inks 4 Leases Totaling 28,004 SF in Manhattan’s Plaza District

GFP Actual Property, LLC is happy to announce that 4 lease transactions totaling 28,804 sq. toes at 515 Madison Ave. in Manhattan’s Plaza District.

“515 Madison Avenue continues to draw high-end style homes, retailers {and professional} companies firms trying to capitalize on the excessive quantity of foot visitors from workplace staff, residents and vacationers alike, and the constructing’s handy location simply off the 6, E and M trains,” mentioned Martin McGrath of GFP Actual Property.

· Zadig & Voltairea Paris-based style home that “redefines fashionable femininity with wild, free, and rock-fueled wardrobe necessities that embody the power and sensuality discovered within the tough and undone,” signed 10-year lease for 12,000 sq. toes unfold throughout the bottom, second and third flooring. Michael Leifer of Runyon Group represented the tenant within the transaction; Jeffrey Gural and Martin McGrath of GFP Actual Property and William Grover of Newmark represented the owner, GFP Actual Property. The posh model needed to broaden its presence on Madison Ave.; the corporate additionally has areas at 1133 Madison Ave. and 845 Madison Ave., respectively.  Zadig & Votaire’s 515 Madison Ave. location will function the model’s new, New York Metropolis headquarters; the corporate will relocate its workplace workers from its SoHo workplaces.

· Mark Ingram Ateliera luxurious bridal showroom and boutique that includes handpicked designer wedding ceremony robes, signed a 15-year lease for 8,340 sq. toes on the second ground.  The area, which faces 53^rd Road and was beforehand occupied by Hartman Uncommon Artwork, gives distinctive signage alternatives for the high-end boutique. Curtis Woodside and Lisa Rosenthal of Compass represented the tenant within the transaction; Jeffrey Gural and Martin McGrath of GFP Actual Property and William Grover of Newmark represented the owner, GFP Actual Property.  Mark Ingram Atelier will relocate from 110 East 55^th St. and can use the area as a retail retailer, showroom and workplace area.

· Fagenson & Co., Inc., a personal funding financial institution and funding companies agency, has signed a five-year lease for two,238 sq. toes on the third ground. Noam Benamy of NoahRE.com represented the tenant within the transaction; Martin McGrath of GFP Actual Property and William Grover of Newmark represented the owner, GFP Actual Property.

· Padell Enterprise Administrationan accountant and enterprise administration companies agency specializing in representing musicians, producers, actors, athletes and screenwriters, signed a seven-year lease for two,801 sq. toes on the 19^th ground. Michael Joseph of Colliers Worldwide represented the tenant within the transaction; Martin McGrath of GFP Actual Property and William Grover of Newmark represented the owner, GFP Actual Property.  The corporate, which is at present situated at 2/3 West 35^thRoad, is anticipated to maneuver on this summer season.  GFP Actual Property will set up new dropped ceilings and construct two new workplaces and several other storage closets for the tenant.

· CNP Staffing Groupknowledgeable staffing group that makes a speciality of staffing options for nonprofit organizations, signed a seven-year lease for 1,725 sq. toes on the eleventh ground for its common, administrative and govt workplaces. Jake Payne of RHI Group LLC represented the tenant within the transaction; Martin McGrath of GFP Actual Property and William Grover of Newmark represented the owner, GFP Actual Property.

· Cleveland H. Dodge Basis, Inc., a nonprofit group based in 1917 “to proceed the Dodge household legacy of service and philanthropy to advertise the wellbeing of all individuals by supporting academic, neighborhood and cultural establishments,” signed a brand new 10-year lease for 1,700 sq. toes on the 11^th ground.  The corporate, which is at present situated at 420 Lexington Ave., took possession this month. Brett Shannon of CBRE represented the tenant within the transaction; Martin McGrath of GFP Actual Property and William Grover of Newmark represented the owner, GFP Actual Property.

Inbuilt 1932 and referred to as the DuMont Constructing, 515 Madison is a 42-story, 370,000-square-foot class A constructing designed by John H. Carpenter. One of many constructing’s most distinctive options is a broadcasting antenna that traces again to the constructing’s function within the first tv broadcasts of Allen B. DuMont’s experimental tv station W2XWV in 1938. This constructing’s cautious restoration of its renovated entrance and foyer in 2009 stored its stunning architectural parts intact but modernized for right now’s tenants.

Situated simply south of Central Park, 515 Madison offers entry to a mess of eating choices and well-known landmarks just like the New York Metropolis Middle for Performing Arts, Carnegie Corridor and Rockefeller Middle, that are all only a quick stroll away. The E and M trains are situated within the constructing and the 6 prepare is just a block away, offering handy transportation choices.