NEW YORK CITY—GMP Capital has signed a 10-year lease for 22,559square feet at 530 Fifth Ave. The company is relocating from 331Madison Ave. and will take possession of the pre-built space inNovember. David Falk, Eric Cagner and Daniel Levine of NewmarkGrubb Knight Frank represented the landlord in the GMP Capitaltransaction. Noel Flagg and E.N Cutler of NGKF represented thetenant.
The Yard—a network of coworking spaces in NYC that providesprivate office suites for small businesses and startups—plans toopen a new 18,000-square-foot location in NoMad this summer. Thenew NoMad location will be joining two existing establishments inWilliamsburg, Brooklyn and Manhattan's Lower East Side. With therapid growth of New York's small business and entrepreneurialcommunities, The Yard hopes to expand its current network of 300established professionals to over 2,000 throughout the year.
The new NoMad location will be joining two existingestablishments in Williamsburg, Brooklyn and Manhattan's Lower EastSide. With the rapid growth of New York's small business andentrepreneurial communities, The Yard hopes to expand its currentnetwork of 300 established professionals to over 2,000 throughoutthe year.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
