The Moinian Group has appointed Newmark as the exclusive leasing agent for 220 Eleventh Avenue, a significant new construction office development in Manhattan’s Midtown South. This partnership aims to bring a modern, inspiring workspace to the market, catering to businesses seeking state-of-the-art facilities.
Key Takeaways
- The Moinian Group has chosen Newmark to lead the leasing efforts for its newly constructed office building at 220 Eleventh Avenue.
- The development offers a rare opportunity for companies looking for brand-new office space in Midtown South.
- The building is designed to be a next-generation workspace, reflecting a commitment to New York City’s commercial future.
A Prime New Construction Opportunity
Located across a full block between West 25th and West 26th Streets, the nine-story, 210,000-square-foot building at 220 Eleventh Avenue stands out as one of the few newly constructed office spaces available for lease in Manhattan. The completion of the foundation marks a significant milestone, allowing an anchor tenant to begin interior fit-out within 18 months of lease execution.
Vision for the Modern Manhattan Office
Joseph Moinian, founder and CEO of The Moinian Group, expressed his enthusiasm for the project, stating, "220 Eleventh Ave. represents the next evolution of the modern Manhattan office." He emphasized the development’s reflection of the company’s ongoing confidence in New York City and its dedication to creating workspaces that not only meet the demands of contemporary businesses but also foster inspiration for future leaders.
Expert Leasing Team
Newmark’s team, tasked with overseeing the leasing of this prime property, includes Executive Vice Chairman Howard Hersch, Vice Chairmen Greg Conen and Scott Klau, Executive Managing Director Erik Harris, Managing Director Jennifer Schreiber, and Associate Ben Klau. Their collective expertise will be instrumental in marketing and securing tenants for this distinctive Midtown South development.