Contact: Thiago Viana; Quinn; 212.868.1900 ext. 352;
The Kaufman Organization Announces Expansion of Vocat...
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Press Release Writing Sample 1

Published on: Mar 4, 2016

Transcripts - Press Release Writing Sample 1

  • 1. Contact: Thiago Viana; Quinn; 212.868.1900 ext. 352; The Kaufman Organization Announces Expansion of Vocativ Global Headquarters At 462 Seventh Avenue Fast-Growing Digital Media Company Scales to Nearly 20,000 Sq. Ft. on Two Floors NEW YORK – May 11, 2015 – The Kaufman Organization, a diversified New York-based real estate company, today announced that it has secured a 10-year lease with Vocativ, a fast-growing digital media company which will be expanding its headquarters at Kaufman’s 462 Seventh Avenue to 19,500 feet on two new floors. Vocativ produces stories of interest to a young, diverse and social audience, the generation of people in their 20s and early 30s. The company is built on a combination of proprietary technology, advanced methodology and bold journalism. Vocativ explores the more than 80% of the public Internet beyond the grasp of search engines, an area called the “deep web.” This vast, uncharted space includes everything from public forums and databases to social platforms and commerce sites. “Vocativ’s decision makers were immediately drawn to the potential of the expansive spaces at 462 Seventh Avenue – the dual floors will nurture the company’s growing operation and can accommodate future growth. Vocativ has a strong vision for the look and functionality of the space and will have a hand in directing the interior installation process,” said Steven Kaufman, president of the Kaufman Organization. “Vocativ marks the latest addition of innovative and entrepreneurial companies that choose 462 Seventh Avenue as a long-term destination.” Asking rents for the new space was in the high $40’s-per-square-foot. Mr. Kaufman represented the landlord, alongside Barbara Raskob, director of leasing and Yvonne Chang, associate; Stuart Romanoff, vice chairman at Cushman & Wakefield represented the tenant. 462 Seventh Avenue, built in 1925, is a 23-story building in the Garment District. The 185,000-square-foot structure features a renovated modern lobby, 24/7 access and a shared entrance with 470 Seventh Avenue. Its tenant roster includes Hale and Hearty and Starbucks on the ground floor, and Infinity Consulting Solutions, SNAP Interactive, Echoing Green and Granite Telecommunications on the floors above. The Kaufman Organization, with over 100 years of experience and 6 million square feet of owned or managed space, has long been considered one of the most prominent and well-respected real estate companies in the New York metropolitan area. The company offers a fully integrated spectrum of leasing and management services to diverse owners and tenants and is continually looking to build its portfolio through property acquisitions. # # #

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