Rose Associates Leases Midtown Garage to Icon Parking Systems
Posted On July 29, 2013
Rose Associates has announced that it recently leased a 59-space garage to Icon Parking Systems. The parking garage is located at 211 East 53rd Street in Manhattan.
Bruce Spiegel, senior managing director for Rose, and William Bergman, commercial leasing manager for Rose, represented property owner Storepark LLC in the transaction. Icon Parking Systems represented themselves, and signed a 10-year lease agreement.
“Icon Parking is a company that Rose has worked with for years and we are excited that they have chosen to operate this garage at 211 East 53rd Street,” said Bruce Spiegel, senior managing director at Rose.
Icon Parking Systems is now operating garages in five Rose-managed buildings in Manhattan. In addition to 211 East 53rd Street, Icon is at Randall House on East 9th Street, Madison Green on 22nd Street and Broadway, Chelsea Landmark on West 26th Street, and The Eastmore on 75th Street and Second Avenue.
About Rose Associates, Inc.
Based in New York, Rose Associates is a developer, owner and operator of premium residential properties. From planning a new development to managing day-to-day property operations, the Rose 360 Platform offers a full range of services designed to maximize the value of real estate. The firm oversees more than 26,000 units across New York, with approximately $2 billion in projects under development. Rose recently opened the historic skyscraper 70 Pine Street, which the firm is transforming into a luxury rental property with 644 residential units, 132 extend-stay apartments and a destination restaurant/lounge occupying the top four floors.