10:00 AM
Newmark Grubb Knight Frank’s Scott Klau, executive vice president, Erik Harris, senior managing director, and Neil Rubin, director, have been assigned office leasing responsibilities at W&H Properties’ 112 West 34th Street, announces Anthony Malkin, president of Malkin Holdings LLC, which supervises the W&H Properties portfolio.
Messrs. Klau, Harris and Rubin already handle leasing at another W&H building - 1400 Broadway, where they brought in such prestigious new office tenants as The Interpublic Group, On Deck Capital, VeriFone and Hatch Mott MacDonald.
“112 West 34th Street is similar to 1400 Broadway in that both properties once were perceived as garment buildings, but now are fully transformed into top-tier corporate office environments,” says Mr. Malkin. “Scott, Erik and Neil have had great success in introducing a repositioned 1400 Broadway to leading brokers and their tenants, and they will do the same with 112 West 34th Street.”
Mr. Rubin is also part of the leasing teams for three additional W&H Buildings - 1333 Broadway, 1350 Broadway, and 1359 Broadway.
Retail leasing at 112 West 34th Street is handled by Joanne Podell of Cushman & Wakefield, which is also the building’s management agency.
About 112 West 34th Street
Located across from the Macy’s flagship location, 112 West 34th Street contains 26 stories, and more than 750,000 square feet of modern office space. 112 West 34th street is steps from Penn Station, Grand Central Terminal, Long Island Rail Road, New Jersey Transit, the Port Authority Terminal, PATH, 13 subway lines and all major bus lines.
112 West 34th Street recently completed a top-to-bottom $80 million upgrade program that includes a sleek, new modern and energy-efficient glass curtain wall; a renovated stone and marble lobby, which features a 30-foot undulating ceiling, state-of-the-art security desk with concierge services, and new entryways at both 34th and 33rd Streets; renovated restrooms and air-conditioned public corridors; upgraded building-wide systems, including state-of-the-art life safety, electrical, security, plumbing, and HVAC with a direct digital control Building Management System (BMS); and several other energy efficiency upgrades.
Part of the W&H Properties Pre-War Trophy office portfolio, the building is supervised by Malkin Holdings LLC, one of New York City’s most financially stable ownerships. W&H Properties is committed to sustainable property operations and development, including energy efficiency, water use reduction, waste and recycling and indoor environmental quality initiatives.
Availabilities at the property include a W&H portfolio-standard high-end pre-built unit containing 3,143 square feet, and build-to-suit partial and full floors from 11,000 to 42,000 square feet. A large block of over 235,000 square are also available on floors 7 to 12.
Broker commissions are paid in full at lease signing.
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.