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Mortgage broker move.

Cooper-Horowitz Inc., a commercial real estate mortgage brokerage firm, has leased a portion of the 35th floor comprising 10,500 s/f of space at Charles S. Cohen's 622 Third Avenue for its New York corporate headquarters.

The company, which handles in excess of $14 billion in transactions annually, expects to move into the 39-story office tower in the last quarter of 2014. It is presently located at 51 East 42nd Street.

"We're delighted to welcome this elite commercial real estate finance tenant to 622," stated Cohen, who transformed the former Empire Blue Cross/Blue Shield Building into a Class A office tower now known as Grand Central Plaza after acquiring the property in the late 1990s.

Marc Horowitz, director of office leasing for Cohen Brothers, represented the building's ownership in-house in the 12-year leasing transaction while the tenant represented itself. Asking rents were $65 per square foot.
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Publication:Real Estate Weekly
Date:Apr 16, 2014
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