Charles Cohen is in the business of creating. As the president and chief executive officer of Cohen Brothers Realty Corporation, Mr. Cohen oversees a portfolio of properties and design centers in New York, Florida, Texas and California. He also executive produced the Academy Award-winning Frozen River and runs Cohen Media Group, a distributor and producer of foreign and independent films. Mr. Cohen’s father, Sherman Cohen, the developer who built CBRC into a powerhouse with his two brothers, died late last month at 91. And while Mr. Cohen politely declined to answer direct questions about his father, he did speak to The Commercial Observer about his legacy when discussing recent developments at the firm and in New York real estate. Mr. Cohen also spoke enthusiastically about the film industry and this year’s crop of new movies, which will be in the national spotlight when the Academy Awards airs this Sunday.
The Commercial Observer: In 2011, you told The Commercial Observer that you and the rest of the real estate industry were moving at 25 miles per hour. What was the speed in 2012?
Mr. Cohen: In New York, we’re going twice as fast as last year, but not fast enough.
Sherman Cohen, the real estate developer who propelled Cohen Brothers Realty & Construction Corporation into the ranks of the city’s top development firms, has died. He was 91.
Mr. Cohen, known for his quick wit and sharp dress, founded the company with his two brothers in 1959, later building it into a New York City mainstay along with his son, Charles Cohen.
“It’s the end of an era,” Charles Cohen said about his father. “He pioneered new neighborhoods and improved the quality of life in so many communities across the city. He built big residential buildings in areas where people at the time were not looking to build or live.”
The luxury home fragrance manufacturing company Nest Fragrances will move their US headquarters from 601 West 26th Street to Charles Cohen‘s 3 East 54th Street. The new office will span 15,229 square feet on the fifth floor of the building.
Landlord Charles Cohen is gearing up for vacancy at 622 Third Avenue.
The nearly 900,000-square-foot office tower has about 200,000 square feet of space that Mr. Cohen says is soon set to come available as several leases at the property expire.
Avison Young is taking 15,000 square feet at 623 Fifth Avenue as space for its new Manhattan headquarters, The Commercial Observer has learned.
The Canada-based real estate services company opened in the city last year and has been operating out of temporary space offered by the office suite company Regus at 245 Park Avenue.
New York landlord Charles Cohen says he’s not concerned about opening vacancies in his portfolio.
In the past year, two large tenants relocated from buildings Mr. Cohen owns.
Charles Cohen has weathered the downturn well. The design-oriented president and CEO of Cohen Brothers Realty has been overseeing a bevy of construction and redevelopment projects nationwide, including in Manhattan. The Commercial Observer sat down with Mr. Cohen, 59, to discuss his love of design and his more recent work as a film producer.
3 East 54th Street
Charles Cohen hasn’t been showing his love for innovative design of late, but the developer can still appreciate a tenant with aesthetic flair.
Interior design firm the Switzer Group has leased the entire 14,500-square-foot seventh floor at 3 East 54th Street for its new corporate headquarters. While Mr. Cohen has publicly Read More
Last year was a busy one for Tony Malkin, and 2011 is looking to be more of the same. He was embroiled in a minor scandal for refusing to light his landmark Empire State Building in honor of Mother Teresa’s centennial. A few months later, Malkin, seeking to protect views of his tower, was unable to Read More
The Commercial Observer: You’ve done a lot of work redeveloping design centers across the country, including the Decoration & Design Building in Manhattan and the Pacific Design Center in Los Angeles, which is currently under construction.
Mr. Cohen: The Pacific Design Center is in the third phase, which is a great office building that’s Read More