Lee NYC Negotiates Lease for Indiewalls

4/20/18

Someck, Myers and Velle Bring the Online Art Marketplace to 16 West 36th Street

Dennis Someck, Executive Managing Director/Principal, Justin Myers, Managing Director/Principal and Aidan Velle, Associate, of Lee & Associates NYC have arranged a 2,526-square-foot lease on the 10th floor at 16 West 36th Street for Indiewalls. The online marketplace acts as a commercial art consultant by pitching art directly to buyers. The company then manages the contracts, production, logistics and installation.

“The Indiewalls team had outgrown their co-working space and was ready to open an official headquarters in New York City,” explains Mr. Someck, who represented the tenant for the five-year lease. “Creative tech companies such as Indiewalls are increasingly moving to Midtown South for the beneficial rents and up-and-coming amenities.”

The landlord, Kiamie Industries, was represented by Howard Epstein of HSP Real Estate Group. Indiewalls will take occupancy on June 1. The asking rent was $48 per square foot.

About Lee & Associates NYC
The New York office of Lee & Associates, and its affiliated company Sierra Real Estate LLC, provides a full array of corporate advisory and commercial real estate services, including office and retail brokerage, sales and investments, and project and property management. Together, the firms have more than 85 real estate professionals in its 600 Madison Avenue headquarters office. Additional information is available at
www.leeassociatesnyc.com

About Lee & Associates

Lee & Associates is a commercial real estate brokerage, management and appraisal services firm. Established in 1979, Lee & Associates has grown its service platform to include offices in the United States and Canada. Lee & Associates provides superior market intelligence in office, industrial, retail, investment and appraisal to meet the specialized needs of our clients. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Twitter and Link our company blog.

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