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Newmark Grubb Knight Frank (NGKF) is pleased to announce it has been retained as the exclusive agent of Kenneth Cole’s corporate headquarters at 707 11th Avenue. Situated on the corner of 50th Street and 11th Avenue, floors three, four and five totaling approximately 65,000 rentable square feet, are available on a direct basis. NGKF President New York Tri-State Region David Falk, Senior Managing Director Eric Cagner, Managing Director Greg Wang and Associate Jonathan Franzel will be marketing the space on behalf of Kenneth Cole, currently the building’s single tenant and owner.
The available third, fourth and fifth floors have a separate entrance with a private lobby on 11th Avenue. The three floors are comprised of side core floor plates, which present the open-concept environment that is popular with many creative companies today. Additional building features include exposed brick, original wood beams, an abundance of windows, a potential 2,000-square-foot terrace, a fully-operational cafeteria available to all building tenants and access to an 8,000-square-foot shared event space with 20-foot-high ceilings.
“We think the building’s unique architectural features will resonate with creative tenants that are finding it challenging to find unique, well priced space in today’s market,” said Cagner. “The lobby and private entrance also allow for a unique branding opportunity that few buildings can offer.”
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF’s 14,100 professionals operate from more than 400 offices in established and emerging property markets on six continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com/.