Kenneth Kronstadt joined Newmark in 1991 as a Leasing Agent and currently serves as a Senior Managing Director, with a predominant focus on Tenant Representation.
Kronstadt’s leasing activities are vast and diverse. As a tenant representative, some of his most prominent clients include Human Rights Watch; World Jewish Congress; Capell Barnett Matalon & Schoenfeld; Council of School Administrators and Supervisors; and the Building Trade Employers’ Association. Most recently, he represented a prominent NYC Not for Profit Organization in securing a 31,000-square-foot leasehold condominium at 717 Fifth Avenue. In addition, he represented Capell Barnett Matalon & Schoenfeld in their Long Island headquarters transaction at 487 Jericho Turnpike, where they leased the entire property. They also leased 14,000 square feet at 1385 Broadway in New York. During the pandemic, Kronstadt represented the American Guild for Musical Artists in their purchase of an office condominium at 305 Seventh Avenue. In addition, he represented the National Association of Broadcast Employees and Technicians – Communications Workers of America in leasing 7,000 square feet at 49 W. 37th Street.
Other prestigious past clients have included Casual Corner; Dupont; Celanese; Cantor Seinuk; Lehr Associates; Warnaco; VF Corporation; Oleg Cassini. Notably, he was instrumental in creating the international headquarters and national benefits offices for International Alliance of Theatrical and Stage Employees and Associated Guild of Musical Artists. Kronstadt also represented Carlisle in its massive 250,000-square-foot requirement.
On the landlord side, Kronstadt is the longtime leasing agent for 1430 Broadway, which he successfully re-positioned from its textile tenancy to a prominent office property. He recently helped the property lease 14,000 square feet to Goldman Copeland Associates. Within just a year and a half, he procured four law firm tenants, followed by unions and other office tenants. Kronstadt also served as the leasing agent for 230 West 41st Street from 2000 through 2004, leasing more than 150,000 square feet. Ultimately, Kronstadt assisted in the sale of the property to Research Foundation City University of New York in July 2004, which will be the first campus for the Graduate School of Journalism.
Personal and Professional Affiliations
Outside of his professional pursuits, Kronstadt supports the Police Athletic League, Simon Wiesenthal Center and The Fresh Air Fund. Additionally, his coaching passion garnered his NFL Youth Program teams’ two consecutive Jericho Community Flag Football Championships in 2003 and 2004.
Kronstadt is a member of the Real Estate Board of New York.
Education
Kronstadt graduated from Boston University with a Bachelor of Science degree in Business Administration. He received a certificate from the NYU Real Estate Institute.