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NGKF Retail Named Leasing Agents for Meatpacking District Retail Development

Flagship Corner at 14th Street and Ninth Avenue on the Market

New York, NY (11/28/2016)

5:00 PM

Newmark Grubb Knight Frank (NGKF) Retail announced that they have been selected by Tavros Holdings to market its retail redevelopment project at 44 Ninth Avenue at the corner of 14th Street and Ninth Avenue. This flagship corner, which is currently occupied by The Diner, Scarpetta, Gansevoort Market, Solstice, L'Occitane and Le Pain Quotidian on the ground floor, can accommodate users from 2,500 square feet to over 40,000 square feet on multiple levels.

The Meatpacking District has gone through a tremendous transformation over the years from a retail shopping street to a bustling neighborhood of high profile office tenants, high end residential developments, world-class shopping and incredible night life. With attractions such as the brand new Whitney Museum and the High Line park connecting to both Battery City and Hudson Yards, the area is now one of New York City's most popular destinations.

"The corner of 14th and Ninth Avenue is arguably one of the best retail corners in the country," commented Jeffrey D. Roseman, executive vice president of NGKF, who is marketing the property along with Senior Managing Director Justin DiMare. "Coupled with neighbors such as Apple, Chelsea Market and the new Starbucks Roasting Plant, this is one of the most sought after retail corners around."

About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world's leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF's 14,100 professionals operate from more than 400 offices in established and emerging property markets on six continents.

With roots dating back to 1929, NGKF's strong foundation makes it one of the most trusted names in commercial real estate. NGKF's full-service platform comprises BGC's real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.

NGKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC's common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com/.