Cohen Scores Renewal, Expansion with Doral Financial

623 5th1 Cohen Scores Renewal, Expansion with Doral FinancialDoral Financial Corporation, the financial services company, has signed a renewal and expansion lease at Charles Cohen’s 623 Fifth Avenue.

The Puerto Rico-based company will extend its lease on the 13th floor, where it occupies a total of 13,010 square feet. It will also expand on the entire 19th floor and will occupy 14,486 square feet for a total of 27,496 in the 38-story building, brokers said.

John Picco and Richard Nocom of Cushman & Wakefield represented Doral Financial while Steve Lambert and David Nevins of Cohen Brothers Realty Corporation represented the building owner in-house.

“The building offers Doral Financial the ability to accommodate growth as the company continues to expand its business in New York,” said Mr. Picco, an executive director at Cushman & Wakefield, in a statement.

jsederstrom@observer.com