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New York & Tri-State  + Downtown New York  + Retail  | 

Mirante-led Avison Young Team Secures Lease with Schlage Lock

Avison Young has arranged a seven-year, 5,743-square-foot lease for the entire fourth floor of Thor Equities’ 139 Fifth Ave. in the Flatiron District. The space will serve as an office/showroom for Schlage Lock Company.

An Avison Young team of Arthur Mirante (pictured), John D. Ryan III, Patrick Steffens and Dominic Perkovic, along with Thor Equities’ Jonathan Scheinberg, arranged the lease on behalf of ownership. A Cushman & Wakefield team of Adam Ardise, John Harris and Dan Wessel represented the tenant.

With the Schlage transaction, the Avison Young team has fully leased all of the office space at 139 Fifth. Several months ago, the team arranged a 5,745-square-foot lease for a showroom for Harklinikken, a Danish hair loss treatment provider.

Located between East 20th and East 21st streets, 139 Fifth is a six-story, six-unit office and retail property. Other tenants include technology company Bitly, Eva Scrivo Salon and Verizon.

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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 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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