Newmark Grubb Knight Frank Retail has been selected by The New School to handle the marketing and leasing of the retail at the base of its new University Center at 65 Fifth Avenue, an iconic design by renowned architects Skidmore Owings Merrill. This spectacular building is located at the corner of 14th Street and Fifth Avenue and will function as the hub of The New School campus featuring classrooms, design studios, laboratories, a student residence and an event space. The retail space spans 8,500 square feet on the ground floor with 15-foot ceilings and 170 feet of wraparound frontage at one of the city’s best corners.
Jeffrey D. Roseman, executive vice president, and Jason Maurer, managing director, of Newmark Grubb Knight Frank Retail, will oversee the leasing of the retail space on behalf of The New School.
“In addition to the incredible design of this building, the site is perfectly situated in the middle of Union Square, Flatiron and Greenwich Village, and will offer a retailer 24/7 traffic from the strong residential, student and tourist base in the area,” said Mr. Roseman.
About Newmark Grubb Knight Frank
A part of BGC Partners, Inc. (NASDAQ:BGCP), Newmark Grubb Knight Frank is one of the largest commercial real estate service firms in the U.S. It brings together the strategic consultative approach to creating value for clients and leading position in the New York market that are hallmarks of Newmark Knight Frank; the complementary strengths of Grubb & Ellis in leasing and management, investment sales, valuation and capital markets services; and BGC’s financial strength, proprietary technology, expertise in global capital markets and deep relationships with many of the world’s leading financial institutions.
Newmark Grubb Knight Frank, together with its affiliates and London-based partner Knight Frank, employs more than 11,000 professionals, operating from more than 300 offices in established and emerging property markets on five continents. This major force in real estate is meeting the local and global needs of tenants, owners, investors and developers worldwide.