The Kaufman Organization was named exclusive leasing agent for 625 Broadway in New York City’s SoHo district. The 12-story, 93,838 sq ft office building was built in 1896. The asset, owned by ASB Real Estate Investments, is set to undergo a complete renovation which will include upgrading the elevators and installing new technology and telecommunications infrastructure. The lobby will also be redesigned. Kaufman will oversee the rehab of the building which features hardwood floors, high ceilings and exposed brick.
“The Kaufman Organization has built a strong and consistent track record in acquiring, developing and repositioning real estate assets into high-quality office destinations,” said Grant Greenspan, principal at Kaufman. “Our success with the Madison Square Portfolio and most recently, the redevelopment of the Cardinal Building in Long Island City, gave the ASB team the confidence that Kaufman was the most experienced and effective choice to elevate the spaces at 625 Broadway.”
