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New York & Tri-State  + Midtown New York  + Office  | 

GFP Adds Three Leases at 171 Madison Ave 

GFP Real Estate has signed three leases at 171 Madison Ave in Midtown South totaling 4,188 square feet. PBA USA, an Italy-based bathware and hardware accessories firm, inked a 6.5-year lease for 1,688 square feet on the 10th floor.  

Personal injury law firm Gropper & Nejat renewed its 1,400 square feet lease for seven years on the 10th floor, where it has been since 2012. American Home Fashion, a home textile products provider, signed a five-year lease for 1,100 square feet on the 14th floor. The building, with asking rents in the $50s per square foot range, features a new lobby, entrance, and elevators. 

Rick Ryan and Diego Rodino di Miglione of Cushman & Wakefield represented PBA USA in the transaction. Allen J. Gurevich represented GFP Real Estate in-house in all three deals. Gurevich also represented Gropper & Nejat and American Home Fashion. 

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Rick Ryan

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

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