CBTS Technology Solutions, a technology services provider, has signed a lease for 3,612 square feet in the Rosen Family office building at 1261 Broadway. This was announced by Koeppel Rosen, who acts as the leasing and managing agent for the owner. The transaction concerns space located on the fourth floor of the eleven-storey building.
Charles T. Gerace II of JLL represented the tenant CBTS Technology Solutions, while Max Koeppel, Director of Leasing at Koeppel Rosen, represented the owner's side in the negotiations. The exact rent and the term of the agreement were not publicly disclosed. According to Colliers, the average asking rent for office space in Midtown in the third quarter of 2026 was $85.08 per square foot.
CBTS Service Portfolio and Market Context
CBTS Technology Solutions offers a broad spectrum of services for businesses and enterprise clients, including cloud solutions, communication services, cybersecurity, infrastructure management, professional services, and managed technology solutions. The choice of the 1261 Broadway location underscores the appeal of Midtown South for technology companies.
JLL and Koeppel Rosen did not immediately respond to requests for further comment from Commercial Observer. This letting is testament to the continued momentum in the Midtown office market in New York.
Further Lettings in the Rosen Portfolio
Another letting was recently concluded in the Rosen family portfolio: Real estate investment and development company Titanium Realty Group signed a lease for 2,319 square feet at 302 Fifth Avenue, also in Manhattan's Midtown district. This building is only about a five-minute walk from 1261 Broadway. Again, the lease term and the asking rent were not disclosed. Titanium Realty Group will occupy space on the twelfth floor of the 13-storey property.
Max Koeppel also represented the owner's side in this instance, while Bradley Cohn and Jeff Buslik of Adams & Company Real Estate represented Titanium. Bradley Cohn highlighted that the tenant was particularly attracted by the building's central location and excellent natural light. He praised the work of Max Koeppel and his team in fitting out the spaces.
- —The building at 1261 Broadway was constructed in 1910.
- —Other tenants there include the media company Law & Crime News, construction consultant DBI Construction Consultants, and jewellery importer and wholesaler Eastern Nationwide Supply.
- —The 302 Fifth Avenue building, built in 1916, houses the offices of bedding company Sam Salem & Son, as well as home accessories manufacturer, importer, and distributor Idea Nuova, among others.
