Karhoo, a startup mobile taxi search app, has found a long-term home in New York City. After maintaining temporary quarters in Tribeca, Karhoo has signed a 10-year lease at HSR Corp.’s 386 Park Avenue South, Commercial Observer has learned.
The company is taking 11,600 square foot, amassing the entire top floor of the 20-story, 265,000-square-foot building at East 27th Street, according to Newmark Grubb Knight Frank. The asking rent was $79 per square foot. Karhoo will be moving in this spring. David Falk, Eric Cagner, Alex Leopold and Jon Franzel, all of NGKF, represented the landlord in the deal.
Read more at Commercial Observer.