While the pandemic created a dent on commercial real estate in 2020, the demand for office and co-working space is coming back as more and more people return to work.
Without a doubt, 2020 was a tough year for a lot of people. Many lives and jobs were lost due to the devastating impact of COVID-19 as thousands of people vacated out of NYC. However, the team at Renaissance Properties devised a battle plan that included restoring the historic spaces of their buildings in pristine condition and quickly adapting to the new situation.
As a result of the hustle and grit demonstrated by the father-son team of Kenneth and Bradley Fishel, as well as the Cohen Team at Newmark, the Fishels have not only leased significant space across their portfolio, but also recently launched a beautiful, newly revamped lobby entrance at 166 Crosby Street. The lobby comes equipped with a full Joe's Coffee Bar, as well as a bike room to attract businesses and employees seeking sustainable transportation alternatives.
The lobby achieves the mission of focusing on sustainability while creating a communal place for employees and entrepreneurs to come together. For building occupants, the 166 Lobby serves as a second welcoming space to gather, caffeinate, and conversate.
With an eye towards distressed assets, Renaissance specializes in value-add investments with a focus on Prewar Prime Properties. From commercial and retail building ownership, to leasing, management and construction, Renaissance has built its reputation on the superior capabilities and efficiency of its people, its most important resource. With an emphasis on quality and attention to detail, Renaissance brings a high level of comfort and modern technology, including the most elegant build-outs and the fastest services to all of their treasured tenants.
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