Newmark has been selected as the exclusive leasing agent for the office component of a newly constructed mixed-use property at 385 Gold Street in Downtown Brooklyn. The assignment is on behalf of Capstone Equities and BH3 Management and focuses on marketing the building’s Class A office space to prospective tenants. The engagement underscores ownership’s decision to bring in a dedicated leasing team as the property is introduced to the market.
The office portion at 385 Gold Street was previously marketed as 141 Willoughby Street and comprises approximately 130,000 square feet across the building’s lower seven floors. The space is positioned to offer full-floor opportunities of about 22,500 square feet, providing scale for larger users as well as potential flexibility for multi-tenant configurations. The building’s design emphasizes efficient, column-free layouts, which can support a range of workplace configurations.
Office floors at the property feature above-standard ceiling heights and floor-to-ceiling windows, intended to enhance natural light and the overall work environment. These physical attributes align with contemporary tenant preferences for modern, flexible workspaces that can support both collaborative and individual work settings. In addition, 385 Gold Street will include a new dedicated office lobby, separating the office experience from other uses within the mixed-use development and providing a defined arrival point for office users and their visitors.
Leasing and marketing efforts for the office space will be led by a Newmark team including managing director Ryan Gessin, senior managing directors Bernard Weitzman and Jordan Gosin, director William Grover and associate Drew Wiley. This team will be responsible for positioning the property within the Downtown Brooklyn office market and engaging with prospective tenants evaluating new space options.
Commenting on the assignment, Avi Kollenscher of Capstone Equities described Newmark’s appointment as a key step in bringing 385 Gold Street to market. He noted that Downtown Brooklyn continues to draw interest from forward-thinking companies and highlighted that the building offers the type of modern and flexible workspace that current office users are seeking in a highly connected urban location. The quote frames the leasing effort as aligned with ongoing demand drivers in the submarket.
With the office component now formally launched to the market under Newmark’s exclusive leasing mandate, attention will turn to tenant outreach and lease-up of the approximately 130,000 square feet available across the property’s lower floors. The combination of new construction, Class A specifications and a dedicated office entrance positions 385 Gold Street to compete among contemporary office options in Downtown Brooklyn as occupiers continue to reassess space needs and workplace requirements.
