Sephora now has some upstairs neighbors, as the building at 1 St. Mark's Place has secured its first office tenants.
According to a report in The Real Deal, two firms have signed 10-year leases totaling more than 16,000 square feet in the nine-story office property developed by Real Estate Equities Corporation (REEC).
An investment firm leased 9,500 square feet across the sixth and seventh floors, while a technology-focused investment firm took 6,800 square feet on the eighth and ninth floors. The tenants were not identified.
The leasing activity marks a milestone for the roughly 60,000-square-foot building on the NE corner of Third Avenue and St. Mark's Place. The project, developed by Brandon Miller's REEC, has had a complicated path — including financial challenges before and after the pandemic, as well as a lender-backed refinancing.
Miller reportedly took his own life in the summer of 2024.
Sephora, the first (and only?) retail tenant, opened a 7,800-square-foot store on the ground floor last month
12 comments:
Great. Invasion of the Finance Bros.
More bros! So sick of them!
The bros seem to own the east village unfortunately.
Who're are worse though, the finance bros or the NYU dorm bros?
They've breached Avenues B and C... there's no respite from the backwards caps.
I'd sell them all to Old Scratch to have Papaya King back.
Don’t forget about the tech bros.
Love it. Bros’ are common sense people they work, they drink, they work out, they have girlfriends.
They belong in Murray Hill.
They only feast, fuss, and eff in a superficial status driven economy. Capitalism loves them and they pay a lot in taxes. Bros can be insufferable but their sisters who enable them are just as bad
Capitalism and the women who like them for their provider status aren't any better
If I wanted to live amongst “common sense” bros and the women they pair up with I’d not have moved to the east village in the 90s. If they want to feel appreciated by their neighbor they should, as someone else already observed, settle in Murray Hill. They only come here for a few years anyhow, before they move back to the suburbs to spawn. Meanwhile the rest of us work and drink and etc. too without endlessly woohooing about it or making the world quite such a worse place.
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