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Publication: Real Estate Weekly
Date: Jul 27, 2011
Article: Record Label Signs Deal On Broadway
Author: Roland Li

   

Record label Mom + Pop Music has signed a two-year lease for 1,860 s/f at 1140 Broadway.

Rent was $38 per s/f, with a yearly rent of around $70,680.

Mom + Pop is home to bands such as Sleigh Bells, Neon Indian and Tokyo Police Club. It was founded in 2008 as an affiliate of Q Prime, a music management company, by Peter Mensch, Cliff Bernstein and Michael Goldstone. Mensch and Bernstein manage the likes of Metallica and the Red Hot Chili Peppers, as part of Q Prime.

The space includes one office, one conference room, and Mom + Pop will be adding another office. According to city records, the landlord for the space is 1140 LLC, an entity that was controlled by GVA Williams, which is now part of Colliers International.

David Rosen and Haim Vinik of AC Lawrence & Company represented the tenant. Michael Joseph of Colliers International represented the landlord.

The 128,000 s/f building was built around 1915 and landmarked in 2010.


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