1245 Broadway, a 23-story office building located at the corner of 31st Street and Broadway in Manhattan, is Corem’s largest ongoing project and is being developed in collaboration with GDS Development Management (GDSNY). 1245 Broadway was designed by Skidmore, Owings & Merrill and features architectural cast-in-place concrete, a private club, F&B catering to tenant floors, and panoramic views of Manhattan. The building will be LEED Gold certified and offer office spaces with the latest technology in air quality and touchless systems.

“We are very pleased to announce another signed lease at 1245 Broadway. This time with skincare company Peachy. We see a continued trend of premium tenants moving to high-quality office buildings and consequently a continued recovery in the market for premium office buildings in New York”, said Eva Landén, Corem’s CEO.

The total annual contract value for all lease contracts Corem has signed so far in the USA amounts to around 12 million USD.