Lease of the Week

622 Broadway.

Take-Two Interactive Throws Another Coin in the Slot at 622 Broadway

When Take-Two Interactive, the video game giants behind such popular and violently lurid titles as Grand Theft Auto and  Max Payne, had a few years remaining on its lease at 622 Broadway, the landlord, Yuco Management, found itself in a curious position.

Should Yuco Management aggressively market the 69,000 square feet of space Take-Two had called its own since 2002, thereby losing its anchor tenant? Or should it do anything it could to keep Take-Two, which had in some ways branded 622 Broadway as a distinctly hip and colorful office building, especially with its endless parade of behooded video game designers and executives?

“It’s the unique building where people don’t wear suits and ties and ride bicycles to work with their dogs,” said William Cohen, an executive vice president and principal at Newmark Knight Frank, who was hired alongside colleague Mark Weiss by Yuco Management to help decide the next best move. “I’m not kidding,” Read More

Recognition

Lance Korman.

Korman, Kass, Honored at NKF Awards

In a scene reminiscent of the Oscars, Newmark Knight Frank’s Executive Managing Director Lance Korman learned he had won the national brokerage firm’s “Top Producing Broker of the Year” accolade on the very night of the awards ceremony. Read More