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Newmark Grubb Knight Frank (NGKF) Retail has secured four new locations for CityMD, New York City’s premier urgent care services provider. New facilities at 561 Third Avenue, 14 West 14th Street and 2398 Broadway will bring the total to eight sites in Manhattan. Additionally, the company signed its first borough lease at 4712 4th Avenue in Bay Ridge, Brooklyn.
Currently, at the corner of 37th Street, CityMD is constructing a 4,750-square-foot facility at 561 Third Avenue, a luxury residential building. Between Fifth and Sixth Avenues, CityMD will occupy 4,000 square feet at 14 West 14thStreet, also a high-end residential tower. At the corner of 88th Street, CityMD will occupy 3,200 square feet at 2398 Broadway in the heart of the Upper West Side. In Brooklyn, CityMD signed a net lease for an 8,000-square-foot retail building at 8712 4th Avenue between 86th and 87th Streets.
“CityMD, staffed by board-certified emergency medicine physicians, has been tremendously successful,” commented NGKF Retail Managing Director Benjamin Birnbaum. “We are currently looking for sites in the boroughs and Westchester, with plans for up to 15 new locations over the next year or so.”
Mr. Birnbaum, NGKF Retail Executive Vice President Jeffrey D. Roseman and Associate Mark Utreras represent CityMD as it continues to expand. NGKF Retail Associate Director Hymie Dweck is assisting the team in the outer borough markets. NGKF Retail Executive Managing Director Jason Pruger and Associate Director Kate Cohen represented the landlord in the 14th Street transaction. Scott Zecker of BLDG Management Company represented the company in-house at 2398 Broadway. The 561 Third Avenue lease was negotiated directly with the co-op board and the 8712 4th Avenue transaction also handled directly with the landlord.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank (NGKF) is one of the world’s leading commercial real estate advisory firms. Together with its affiliates and London-based partner Knight Frank, NGKF employs more than 11,000 professionals, operating from more than 340 offices in established and emerging property markets on five continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. Its integrated services platform includes leasing advisory, global corporate services, investment sales and capital markets, consulting, program and project management, property and facilities management, and valuation services. A major force in the real estate marketplace, NGKF serves the local and global property requirements of tenants, landlords, investors and developers worldwide. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company primarily servicing the wholesale financial and real estate markets. For further information, visit www.bgcpartners.com.