New York & Tri-State + Midtown New York + Apartments | March 1, 2023

Canvas Expands Platform into Residential Leasing

Canvas, a vertically integrated real estate investment and services firm, has launched Canvas Leasing, its newly created in-house leasing division. The addition of this vertical is Canvas’ entry into the residential leasing sector.

Canvas Leasing will initialize its leasing mandates at two New York City properties; 11 Greene in SoHo and 60 Duffield in Downtown Brooklyn.

“We saw a real value-add opportunity for Canvas in expanding into the leasing sector,” says Robert Morgenstern, founder and CEO of Canvas. “With the synergies and intelligence from our internally developed proptech service, Juliet, we generate proprietary data to maximize revenue, increase retention and reduce vacancy.”

To co-lead Canvas’s new initiative with Daniel Cooper, the current director of leasing, and to spearhead efforts at 11 Greene and 60 Duffield, Canvas recently hired industry veteran Molly Spears as co-director of leasing. Spears most recently successfully served at Stonehenge NYC.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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