New York, NY – GDS Development Management (GDSNY) announced today that it has been engaged to oversee leasing and development management at One Saint Mark’s Place, a nine-story, 60,000-square-foot boutique office building in Manhattan’s East Village. The property is now open to prospective tenants, with GDSNY bringing its signature best-in-class office product to one of the city’s most sought-after neighborhoods.
“One Saint Mark’s Place is a phenomenal building, and we’re excited to unlock its full potential through our leasing efforts,” said Alan Rudikoff, CIO and co-founder of GDSNY. “GDSNY has an exceptional track record of elevating boutique office projects, and we look forward to making this project a cornerstone of the neighborhood’s continued iconic history.”
One Saint Mark’s Place features boutique, efficient floorplates, impressive 15-foot ceiling heights, and expansive windows, creating bright and modern work environments. The building offers hospitality-driven tenant layouts designed for comfort and convenience, including generous meeting spaces, residential-style kitchens and bathrooms, and three private wraparound terraces. Strategically situated near the Astor Place subway station, it provides immediate access to one of the East Village’s most iconic streets, surrounded by acclaimed dining, retail, residential, and hotel destinations. The 7,800-square-foot ground-floor retail space has been leased by Sephora.
GDSNY has brought high-quality, solution-driven management to boutique office assets across New York City. The firm is currently developing, asset managing, leasing, or lending on eight comparable Class A office buildings in the city – totaling roughly one million square feet – many of which have recently sold, are under contract, or are being brought to market following successful lease-ups. Notable recent fully leased office developments include 1245 Broadway and 28&7.
“Over the past two decades GDSNY has grown into a truly multifaceted practice, and this project continues that evolution,” said Dan Temel, Head of Investments at GDSNY. “Unlike a traditional developer or lender, we design, build, manage, and lease, which makes us able to bring solutions to complex situations where our range of skills can have an immediate impact.”
About GDSNY
GDS Development Management (GDSNY) is an award-winning full service, vertically integrated owner, operator, developer, lender, asset manager, and designer of commercial and multi-family real estate in the New York metropolitan area. Since its founding in 2007, GDSNY is an established industry leader that has delivered and advised on more than $6.4 billion in real estate assets throughout New York City. GDSNY.com