Downtown Music Holdings (Downtown) is relocating its New York office to a 26,399 square-foot space located at 155 Avenue of the Americas in Soho.
The new office comprises the top two floors of the building – an expansion that more than doubles the company’s current 10,000-square-foot HQ.
155 Avenue of the Americas, at the intersection of Spring Street and Avenue of the Americas in Soho, is one of 12 buildings in the Hudson Square Properties portfolio.
The six million square-foot portfolio, a joint venture of Trinity Church Wall Street, Norges Bank Real Estate Management and Hines, as operating partner was formed in 2016.
An NKF team led by Executive Managing Director Peter Shimkin, President New York Tri-State Region David Falk and Senior Managing Director Kyle Ciminelli represented ownership.
NKF Executive Managing Director Ross Perlman and Managing Director Ryan Gessin represented Downtown in the transaction.
“We are pleased to have identified a global headquarters that will support Downtown’s growth and maturity as a firm.”
Ross Perlman, NKF
“We are pleased to have identified a global headquarters that will support Downtown’s growth and maturity as a firm,” said Perlman.
“155 Avenue of the Americas offers the perfect modern creative workspace for a company that continues to be at the forefront of today’s fast-changing music industry.”
“With our new headquarters just a few blocks from where we first started in Soho, Downtown can continue advancing our mission to create a more equitable and innovative music ecosystem around the world, while supporting the growth of our diverse music industry here at home.”
Justin Kalifowitz, Downtown Music Holdings (pictured main)
Justin Kalifowitz, CEO of Downtown Music Holdings, added: “Our business has strong roots here in New York as the global music industry’s cultural and economic center.
“With our new headquarters just a few blocks from where we first started in Soho, Downtown can continue advancing our mission to create a more equitable and innovative music ecosystem around the world, while supporting the growth of our diverse music industry here at home.”Music Business Worldwide
