NKF Announces New Lease of Office Space in the Flatiron District at 881 Broadway in New York, NY

4/9/19

Global commercial real estate advisory firm Newmark Knight Frank (NKF) is pleased to announce the lease of the entire second floor of 881 Broadway in New York, NY, a 33,300 sq. ft office space adjacent to Union Square. The new tenant, Bombas, a fast-growing sock designer and retailer, best known for its unique, comfortable designs and philanthropic business model of donating a pair of socks to the homeless for each pair of socks sold, has leased the space as its new headquarters amidst rapid expansion. An NKF team led by Executive Managing Director Robert Silver and Managing Director Anthony Sciacca represented the property owner, The Winter Organization. Ellie Reiss of Skylight Leasing represented the tenant.

“We are pleased to welcome Bombas, a growing company with a strong sense of purpose for its customers and for society, as they make 881 Broadway their new home,” said Robert Silver. “This neighborhood has always been on the cutting edge for creative companies that hope to expand their business and attract new talent. Bombas will find in 881 Broadway and its surroundings, a neighborhood that can accommodate all of its needs for a spacious, light-filled office space and ample options in dining, lifestyle and entertainment.”

Built in the late 1800s to house one of New York’s grandest department stores, 881 Broadway remains architecturally significant, with exceptionally high ceilings, large windows and decorative columns. Located between the Flatiron Building and Union Square, the building is at the center of a shopping and lifestyle hub that is home to flagship stores and boutique locations for prominent brands including Club Monaco, ABC Carpet and Home, Tory Burch, Equinox, SoulCycle and Exhale.

NKF is now offering 46,500 RSF, comprising the entire fifth floor of the office complex at 115 Fifth Avenue, 881 Broadway and 9 East 18th Street. The floor boasts 14-ft exposed ceilings and street exposure on four sides.

About Newmark Knight Frank

Newmark Knight Frank, operated by Newmark Group, Inc. (NASDAQ: NMRK), is one of the world's leading and most trusted commercial real estate advisory firms, offering a complete suite of services and products for both owners and occupiers. Together with London-based partner Knight Frank and independently-owned offices, NKF's 16,000 professionals operate from approximately 430 offices on six continents. NKF’s investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting, government-sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management.

For further information, visit  www.ngkf.com.