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GFP Secures Five New and Renewal Leases at 515 Madison

GFP Real Estate secured five lease transactions totaling 18,124 square feet at 515 Madison Ave., the DuMont Building, in Manhattan’s Plaza District. Martin McGrath of GFP Real Estate and William Grover of Newmark represented ownership in all five transactions. They include the following:  

  • Investment firm Blackbern Partners signed a three-year lease renewal for 2,956 square feet. Cooper Weisman and Scott Gutnick of Newmark represented the tenant.
  • Boyd, Boyd, Boyd, P.C., a four-generation-run family dentist office, signed a 15-year lease extension and expansion for 7,098 square feet of medical and administrative office space. Ted Andrews of Andrews Real Estate Advisors represented the tenant.  
  • Lefko Properties, a New York City-based real estate investment firm, signed a new three-year lease for 1,828 square feet of office space, represented by Tony Builder of Bradford Allen.  
  • Wells Hill Partners, a private investment banking and advisory firm, signed a new eight-year lease for 3,956 square feet of general and executive office space, represented by Jonathan Franzel and Claire Koepel of Newmark.  
  • Xianglong Li DDS, provider of general & cosmetic dental care, signed a new 15-year lease for 2,286 square feet of medical and office space, represented by Sam Matayev of Norman Bobrow & Company Inc.  
Read More News Stories About: Newmark
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GFP Real EstateNewmark's Grover

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-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 7-10 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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