Gemini Rosemont Poises for Growth by Securing New Lease and Location for
New York Development Office

LOS ANGELES, CA – August 13, 2024 Gemini Rosemont Commercial Real Estate, a vertically integrated real estate investment management firm specializing in Class A multi-tenant office and luxury multi-family residential properties, has announced a new lease agreement to occupy the seventh floor of 18 West 21st Street, New York, located in Manhattan’s Flatiron district.

The new office, which occupies the building’s entire seventh floor, will poise the company’s New York team for expansion as it continues seeking new East Coast development opportunities.

“Securing much-needed space in order to accommodate our company’s growth plan in the region, and to have room for additional employees in the future accomplishes one of our key business objectives for 2024,” said Gemini Rosemont’s East Coast President Tenzin Tsungmey.

Once home to Credit Karma's New York City office, the space’s open floor plan offers collaborative office space, four private offices, one large conference room, and two small conference rooms. Situated in the heart of Flatiron, the location is convenient to Union Square, Madison Square Park, and all area amenities and transportation.

Gemini Rosemont Development division was established in 2017 and specializes in ground-up development of premier residential and office properties in primary markets throughout the U.S.

Among the company’s current projects are 101 W. 14th Street, a 44-unit luxury residential building in the Chelsea neighborhood of Manhattan, and 171 North First Street in the Williamsburg neighborhood in Brooklyn.

Tsungmey said the office will comfortably accommodate 25 employees. The team will move into the office beginning Sept. 3.

The new 63-month lease term spans through the end of 2029. Attorney Abraham Bichoupan negotiated on behalf of Gemini Rosemont, with Rice & Associates representing the landlord.