Design and architecture firmtakes12,000squarefeet on the tower’s 23rd floor
JLL has completed a long-term lease at 520 Eighth Avenue in Midtownon behalf ofMancini Duffy, a 105-year-old technology-driven design firm specializing in architecture, interiors and planning of the built environment. The tenantsigned a12,000-square-footlease with property owner GFP Real Estate for a portion of the 23rd floor. The company will relocate to its new offices from 275 Seventh Avenue.
Mancini was represented by JLL’sCharlesGerace, vice president. Owner GFP Real Estate was represented in-house by Matthew Mandell, senior managing director.
“Our firm has over a century of deep roots in New York City, so the thought of not being in NYC was never an option,” explains Mancini’s CEO William Mandara Jr., AIA. “We spent a lot of time looking at a myriad of options, both short- and long-term. We design places and buildings where people work, live, eat, and visit, so we felt it is important to show a strong commitment to Manhattan. Anything else would be a bit hypocritical.”
“This move demonstrates New York City’s continuing appeal to creative design firms seeking to attract and retain top talent,” Gerace said. “Mancini is a top design firm, and it was a pleasure to work with and represent them through this process.”
Built in 1926, the 26-story office tower comprises more than 860,000 square feet in New York City’s famed Fashion District near Hudson Yards, Herald Square, Times Square, Madison Square Garden and Penn Station. The building is in close proximity tothe Port Authority bus terminal and providesconvenient access to numerous transportation lines, including the A, C, E, 1, 2, and 3 trains, as well as the Amtrak, LIRR and NJ Transit lines.
“520 Eighth Avenue continues to attract top creative, professional services firms, non-profits and entertainment-related tenants looking for more space in a quality building,” said Matthew Mandell with GFP Real Estate. “The property’sconvenient location in Midtown provides accessibility to numerous restaurants, entertainment, attractions and transportation options.”
“As the first architecture firm in NYC to reopen its office on June 8, 2020, we have been committed to getting New York City back on its feet,” Mancini’s President Christian Giordano said. “We’ve been rethinking workplace design and guiding our clients to reopen in a safe and flexible manner – and to think differently than pre-Covid. We plan to initiate some of the same workplace features in our new office that we’ve been designing and implementing for our clients.”
JLL is a leader in the New York tri-state commercial real estate market, with more than 2,600 of the most recognized industry experts offering brokerage, capital markets, property/facilities management, consulting, and project and development services.
About Mancini
Mancini stands out as a 105-year-old technology-first design firm specializing in architecture, design, interiors, and planning of the built environment. With more than 75 employees in New York City and the firm’s regional offices in Millburn and Red Bank, New Jersey, Mancini builds on over a century of expertise with a contemporary, entrepreneurial spirit. The firm leverages technology that enhances the design solutions we deliver to our clients’ toughest challenges. Our designers push the boundaries of design and technology in the dedicated design lab, which serves as the in-house incubator for our natural curiosities.
About GFP Real Estate, LLC
Committed to building a better New York since 1952, GFP Real Estate is a vertically integrated owner, operator, property manager and developer of commercial real estate in the New York metropolitan area. With over 55 buildings and more than 12.8 million square feet under ownership, GFPRE’s portfolio includes some of New York’s most iconic real estate assets.
About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate andinvestment management. JLL shapes the future of real estate for a better world by using themost advanced technology to create rewarding opportunities, amazing spaces andsustainable real estate solutions for our clients, our people and our communities. JLL is aFortune 500 company with annual revenue of $16.6 billion in 2020, operations in over 80countries and a global workforce of more than 92,000 as of June 30, 2021. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For furtherinformation, visit jll.com.
