New York City Employees’ Retirement System Leases Office Space In Long Island City

Atlas Capital Group, Invesco Real Estate, and Partners Group have leased out the office space located at 30-30 47th Ave in Long Island City. The tenant in this transaction is the New York City Employees’ Retirement System. Newmark represented both parties in the deal, with Brian Waterman, Howard Kesseler, Jordan Gosin, and Alex Rosenblum acting as brokers.

Summary of transaction details

• Property Type: Office
• Transaction Date: 06/16/2022
• Address: 30-30 47th Ave
• Market: Long Island City
• Landlord: Atlas Capital Group, Invesco Real Estate, and Partners Group
• Tenant: New York City Employees’ Retirement System
• Brokers: Brian Waterman, Howard Kesseler, Jordan Gosin, and Alex Rosenblum - Newmark
• Asking Rent: $50/ft.
• SF: 30,559

The deal was facilitated by the combined efforts of Atlas Capital Group, Invesco Real Estate, and Partners Group, who serve as the landlords in this lease agreement. On the tenant side, the New York City Employees’ Retirement System secured the office space. The brokerage team from Newmark, comprising Brian Waterman, Howard Kesseler, Jordan Gosin, and Alex Rosenblum, represented both parties in the transaction.