28&7, a 12-story modern office building located at the corner of 7th Avenue and 28th Street in the Chelsea District, Manhattan, is Corem’s second largest ongoing project and is being developed in collaboration with GDS Development Management (GDSNY). The building is LEED Gold certified and offer office spaces with the latest technology in air quality and touchless systems. The façade is made up of elements in black glazed terracotta.

"We are very pleased to announce another lease at 28&7. It is particularly pleasing that this lease means that the entire retail space on the ground floor of the property is now leased. AC Hospitality will make an excellent contribution to the high level of service we want to offer our tenants in 28&7", said Rutger Arnhult, Corem's CEO.

The total annual contract value for all lease contracts Corem has signed so far in the USA amounts to around 14 million USD. With the signing of this lease, 34 per cent of the leasable area in 28&7 is now leased.