News: Brokerage

CSM Sport and Entertainment signs 11,940 s/f at 80 Eighth Ave.

Manhattan, NY According to GFP Real Estate, CSM Sport and Entertainment, a global integrated marketing and brand experience agency working in the sports and entertainment, has signed a three-year lease for 11,940 s/f on the 5th floor at 80 Eighth Ave.

CSM assists governments, brands, non-profits, federations and governing bodies to evolve and engage with the community through sports and entertainment.

Known as one of the world’s leading agencies, CSM has over 25 locations worldwide, including offices in London, Paris, Hong Kong and Dubai, and will use its new space in New York for general and administrative offices. CSM boasts more than 1,000 employees worldwide and offers a full range of services, from digital and data to consulting and commercial strategy.

Sean Hoffman of Savills represented the tenant, CSM Sport and Entertainment, in the transaction; Matthew Mandell of GFP Real Estate represented the landlord, GFP Real Estate.

“80 Eighth Ave. has long-attracted tech and creative firms looking for offices with an industrial look and feel, that want to be near other tech giants like Google and Facebook. It’s the perfect location for CSM to set up its first offices in the city,” said Mandell. “We are pleased to accommodate this fast-growing agency.”

Built in 1929 and standing 282 feet tall, 80 Eighth Ave., a 20-story building, designed by the architect William Whitehall offers 185,000 s/f of commercial space and a newly renovated lobby.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,