Over 25,000 square feet of office leases have been signed at the Paramount Building in New York’s Times Square. The leasing activity includes six transactions with tenants such as Flexibility Capital, Levine Plotkin & Menin, Ballad of Mulan, Miller Korzenik Sommers Rayman, Crossroads Live and Salmen Navarro Law.
The Paramount Building offers a combination of historic and modern aesthetics and has recently undergone a $50 million capital improvement project to further enhance its appeal. Located at 1501 Broadway in Manhattan’s bustling theater district it provides an ideal location for businesses looking to set up shop in one of the world’s most iconic cities.
Newmark brokers Stephen Gordon, Matthew Leon and Nathan Kropp represented building ownership – Paramount Leasehold – during these transactions.
