“We expect that this strategic alliance with Cushman & Wakefield at 155 West 23rd Street will result in the same rapid leasing velocity we've experienced at the Madison Square portfolio,” says Greenspan. He adds that in the last two years Kaufman has acquired, redeveloped and leased more than 500,000 square feet of commercial space in Midtown South, including a nearly 85,000-square-foot deal with Anheuser-Busch at 119-125 W. 24^th St. in 2015.

The recently completed capital improvements at 155 W. 23rd St. included a gut renovation, along with the installation of new plumbing and electrical systems and state-of-the-art fiber optic/telecommunications risers. Recently, Kaufman partnered with architectural design firm, Design Republic to create a vibrant and high-concept lobby space that features greenery and an artificial skylight in the entrance, in an effort to further establish the building as a destination for the TAMI sector.

NEW YORK CITY—The Kaufman Organization has retained Cushman & Wakefield to co-lease approximately 63,000 square feet of available full-floor space at its 155 W. 23^rd St. office building.

The availability comes after a $10-million repositioning of the Midtown South office building by owner Kaufman and joint venture partner AIMS Real Estate, a business unit of Goldman Sachs Asset Management. The joint venture acquired a 99-year ground lease on the 12-story 82,000-square-foot office building from Extell Development for approximately $45 million in September 2015.

Earlier this month, Kaufman reported that Raise Marketplace, an online marketplace to buy and sell gift cards, leased 6,933-square-foot space on the 12^th floor of the building. The deal marked the first lease signed at the newly brought to market and repositioned building.

Kaufman's internal leasing team includes Grant Greenspan, principal, and Jared Sternberg, associate. It is now partnering on the availability with Cushman & Wakefield's Jamie Katcher, managing director; Douglas Regal, director; and Sebastian Infante, senior associate.

“We expect that this strategic alliance with Cushman & Wakefield at 155 West 23rd Street will result in the same rapid leasing velocity we've experienced at the Madison Square portfolio,” says Greenspan. He adds that in the last two years Kaufman has acquired, redeveloped and leased more than 500,000 square feet of commercial space in Midtown South, including a nearly 85,000-square-foot deal with Anheuser-Busch at 119-125 W. 24^th St. in 2015.

The recently completed capital improvements at 155 W. 23rd St. included a gut renovation, along with the installation of new plumbing and electrical systems and state-of-the-art fiber optic/telecommunications risers. Recently, Kaufman partnered with architectural design firm, Design Republic to create a vibrant and high-concept lobby space that features greenery and an artificial skylight in the entrance, in an effort to further establish the building as a destination for the TAMI sector.