NEW YORK CITY-Two companies, each with links to art, have signed lease renewals at 145 E. 57th St. Together the renewals account for 10,000 square feet of space at the site, known as the Hammacher Schlemmer Building.
Throckmorton Fine Art, a gallery specializing in vintage and contemporary Latin American photography and Kranz & Co., an accounting firm that works with artists, designers and others on trust and estate issues, each renewed for 5,000 square feet in leases brokered of their behalf by Colliers International.
Charles Goldberg, a senior managing director in the Colliers New York office, represented the tenants. Before the building sold in May 2010, Goldberg repped the building’s owner. At the time, he tells GlobeSt.com, he worked to market the asset to decoration and design tenants--the area's demographic--a move that has borne fruit.
“It had never been marketed as being part of the decoration and design district, and yet it had elements that would be very appealing to those people,” Goldberg says. Those elements include small floor sizes and an abundance of column free space. “The elevator doors open up and there you are,” he says. “So there’s an element of image and branding that goes along with that, and security. You can control who accesses your space so much better if you’re the only tenant on the floor.”
Barrett Stern, of Grubb & Ellis, represented the building’s landlord, MIP145 E57th LLC.
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