Newmark Grubb Knight Frank (NGKF) is pleased to announce it has been selected by Chestnut Holdings as the exclusive office leasing agent for the Radio Wave building at 49 West 27th Street. NGKF Senior Managing Directors Bernard Weitzman and Eric Cagner will manage leasing for the building.
The Radio Wave building is rich with history. Its namesake comes from Nikola Tesla, the father of alternating current electricity, who experimented with radio waves when he lived in the building. The eighth floor of the building, containing 8,800 square feet, is coming to market. The space features original exposed brick, hardwood floors throughout, a new pantry, new air conditioning and an exposed ceiling. The building’s lobby is also set to be renovated.
“The Radio Wave Building’s roots are in technological innovation and the eighth floor office has been fully modernized with state of the art features,” said Weitzman. “When you combine that with NoMad’s rapid transformation into one of the hottest destinations for office space, you have an ideal location for TAMI companies.”
“Midtown South’s revival makes 49 West 27th Street a premier location for New York office space,” added Cagner. “With convenient transportation options and new high-end retail constantly coming to the neighborhood, NoMad is one of the most visible and attractive districts for progressive businesses.”
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 12,800 professionals operate from more than 370 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/.