NEW YORK CITY-The Core Group is expanding its operation in the Flatiron District. The firm has signed a lease for 10 years with Kaufman Organization for 5,500 square feet at 100-104 Fifth Ave.
The asking rent for the space was $45 a square foot. Kaufman partnered with Invesco to purchase the 270,000-square-foot property in December 2010. Recently, Kaufman has inked a new lease deal with Apple's iAd innovators. The Core Group and Kaufman had in-house representation in the lease deal. For the full story, go to New York Observer.
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