520 Eighth Ave.
NEW YORK CITY—The labor organization Mason Tenders District Council Welfare Fund renewed for 10 years its 40,000 square-foot lease at GFP Real Estate's 520 Eighth Ave. The Gural Family's real estate firm also picked up a new tenant with Entertainment Benefits Group signing a new five-year lease for 12,769 square feet at the same location. The asking rent in the building was $48 per square foot.
Mason Tenders has almost 15,000 members including construction workers, asbestos and hazardous materials handlers, Catholic high school teachers and recycling and waste handlers.
Entertainment Benefits Group is one of the largest privately held travel and entertainment providers in the US. Headquartered in Miami, it operates a network of consumer and B2B businesses that reach over 60 million users and sell more than eight million admission tickets annually.
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Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
