Real Estate Publisher Relocates East to Lexington Avenue [Updated]
Danielle Schlanger April 14, 2015, 11:40 a.m.
Real estate trade publisher Yale Robbins is relocating to Kips Bay, Commercial Observer has learned.
The company will move from its current location at 102 Madison Avenue between East 29th and East 30th Streets to a 7,318-square-foot space at 205 Lexington Avenue between East 32nd and East 33rd Streets. It has leased the entire 12th floor in a 10-year lease. Asking rents were in the high-$50s per square foot.
Yale Robbins was represented by Newmark Grubb Knight Frank’s Paul Davidson and Matthew Feigen.
“The new landlord made a contribution towards their buildout,” said Mr. Davidson. “New is better than tired and old.
The landlord, 205 Lexington Associates, was represented by David Hoffman, Bryan Boisi and Christine Colley of DTZ.
“DTZ, on behalf of Somerset Group, is pleased to continue our successful leasing campaign at 205 Lexington Avenue. Our high-end build-outs and superb location continue to attract quality tenants such as Yale Robbins,” said Mr. Boisi.
Yale Robbins publishes a handful of real estate trade publications, including the New Jersey Cooperator, New England Condominium, The Chicagoland Cooperator and the South Florida Cooperator.
Update: This story was edited to include a quote from Bryan Boisi of DTZ.