Newmark Knight Frank (NKF) is pleased to announce that it has been retained as the exclusive agent for 520 and 524 Broadway, located between Broome and Spring Streets in the heart of Manhattan’s SoHo neighborhood. The NKF team of Executive Managing Director Robert Silver and Managing Director Anthony Sciacca will be handling the assignment on behalf of the owner, TahlPropp Equities.
520 and 524 Broadway are operated together under the same ownership, and feature high-end, turn-key office spaces. They include an abundance of oversized windows, which provide exceptional natural light and views of Downtown Manhattan. Both buildings encompass open-layout floorplans, original hardwood flooring, exposed 12-foot loft ceilings, and brand-new restrooms. The lobby is newly renovated and incorporates contemporary finishes, along with available 24/7 access to the buildings. The buildings also recently underwent an extensive renovation to bring them to the highest standard of modern office amenities.
“We are incredibly eagerto continue our work with ownership at 520 and 524 Broadway as the buildings’ exclusive agents,” said Sciacca. “These are outstanding, beautiful properties that offer an excellent opportunity for any tenant in the SoHo area, but especially for startup, tech and other TAMI-oriented firms.”
Both properties have space still available and offer negotiable lease terms: the entire 6th and 11th floors at 520 Broadway for 5,500 RSF each; and the partial 4th floor of 524 Broadway for 1,900 RSF.
About Newmark Knight Frank
Newmark Knight Frank (NKF) is one of the world's leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NKF's 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents.
With roots dating back to 1929, NKF's strong foundation makes it one of the most trusted names in commercial real estate. NKF'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, corporate advisory services, consulting, project and development management, property and corporate facilities management services, valuation and advisory services, and capital markets services provided through its NKF Capital Markets brand. For further information, visit www.ngkf.com.
NKF 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 www.bgcpartners.com.
