Lease Beat

Publisher Signs Sublease at 1412 Broadway

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Davler Media Group has signed a 17,500-square-foot sublease from Escada at 1412 Broadway, The Commercial Observer has learned. The publisher has committed to the entire ninth floor for six years and three months.

The tenant will pay rent in the low-$40s per square foot, according to data from CompStak. Davler Media Group is expected to relocate from 1440 Broadway during the second quarter. Read More

Lease Beat

Grind Opens Second Location at 1412 Broadway

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Grind LLC has grabbed a new space in the Garment District.

The self-described “22nd century platform that helps talent collaborate in a new way” will be opening a new office at 1412 Broadway. The office will span the entire 22th floor of 14,374 square feet.

Grind creates a members-only workspace and community out of the Read More

Sales Beat

Harbor Group International Takes Two Manhattan Properties for $20.3M Amid Emmes Asset Management Selloff

1420 Broadway

Harbor Group International has closed on the acquisition of 1420 Broadway and 246-248 West 125th Street for a combined $20.3 million.

The first building is located adjacent to the firm’s New York headquarters at 1412 Broadway, owned by an HGI affiliate, and the latter lies amid Harlem’s burgeoning retail sector.

The property at 1420 Broadway is a three-story, 7,200-square-foot building constructed in 1911 and located between the Times Square and 34th Street retail corridors. Read More

Lease Beat

1412 Anchor One Step Up Renews Lease

Courtesy of Murray Hill

One Step Up has renewed their lease in Midtown.

The apparel company is set to maintain their 52,805-square-foot lease at Harbor Group International‘s 1412 Broadway for the next ten years. The firm, with the help of Jesse Rubens, a senior executive managing director of Murray Hill Properties, the firm initially moved into the building in Read More

The Sit-Down

Cushman’s Michelle Walker Knows Difference Between Agency and Tenant Reps. But Which Does She Prefer?

Michelle Walker. (Photo by Shravan Vidyarthi)

Michelle Walker has stayed busy at Cushman & Wakefield, schooling herself on both landlord and tenant representation. It’s given her unique insight into the Manhattan markets that she covers, where dwindling supply can leave smaller tenants out in the cold and larger tech firms swallowing hard while reimagining their must-have lists. On the tenant side, she’s represented Sugar Publishing in its lease at Monday Properties’ 386 Park Avenue South. In fact, when The Commercial Observer caught up with her last week, she was rushing in from showing Sugar’s available sublease space at the building. Meanwhile, her landlord representation started with Harbor Group International’s 1412 Broadway, an assignment that taught her a lot about how landlords are leveraging their space in Times Square South. Hint: It takes guts. Read More

Lease Beat

Kids Clothier Takes Two Floors at 1412 Broadway

1412 Broadway

OuterStuff, hawkers of miniature jerseys for wannabe Sanchezes and Rodgers, has scored a grown-up-size space at Harbor Group‘s newly acquired 1412 Broadway. The garment maker for kids has taken 34,000 square feet, or the 18th and 19th floors, of the 415,000-square-foot tower, Crain’s reports.

This is the first new tenant since Harbor Read More