Carlyle Group Announces Newmark as Brokerage for Midtown Office Condos

12/11/17

Newmark Knight Frank (NKF), one of the world's leading commercial real estate advisory firms, has been tapped as the exclusive marketing and sales agent for 866 United Nations Plaza. The 471,000-square-foot, Class-A office condominium is located on 48th Street, between First Avenue and the FDR Drive, and contains office, retail and garage space. The project is sponsored by The Carlyle Group, a global alternative asset management firm.

The four-person NKF brokerage team is comprised of vice chairman Scott Klau, vice chairman Jared Horowitz, senior managing director Erik Harris and associate director Zachary Weil. Current availability consists of multiple 75,000-square-foot, full-floor spaces and two contiguous blocks of 100,000 and 200,000-square-foot spaces with dedicated private entrances. Smaller units can also be combined to accommodate users of varying sizes.

The six-story office building boasts unobstructed, 360-degree views of Manhattan’s East River and the United Nations, as well as the Long Island City and Manhattan skylines from a continuous band of floor-to-ceiling windows that envelop the building.

866 United Nations Plaza is a full-service building, institutionally managed and operated by an onsite management company. The building features two security-attended lobbies with distinct finishes like 17-foot travertine walls and polished granite floors. The building additionally boasts six high-speed elevators, a separate service entrance with loading dock and oversized freight elevator and an underground parking garage offering direct access to the FDR Drive.

For information about available office units for purchase, visit www.866unplaza.com or contact Newmark Knight Frank at 212.372.2000.

866 United Nations Plaza Condominium. File No. CD14-0202. Sponsor: 866 Plaza Owner, L.L.C., 299 Park Avenue, New York, New York 10171.

About Newmark Knight Frank

Newmark Knight Frank (NKF) is one of the world's leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NKF's 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents.

With roots dating back to 1929, NKF's strong foundation makes it one of the most trusted names in commercial real estate. NKF's full-service platform comprises BGC's real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; NKF Capital Markets services, including investment sales, debt placement, valuation and advisory services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.

NKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC's common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit www.bgcpartners.com.

About The Carlyle Group

The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $174 billion of assets under management across 306 investment vehicles as of September 30, 2017. Carlyle’s purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Market Strategies and Investment Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy & power, financial services, healthcare, industrial, infrastructure, real estate, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,550 people in 31 offices across six continents.

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