NGKF to lead retail leasing at Grand Central Terminal

New York --Newmark Grubb Knight Frank’s retail team has been retained by the New York Metropolitan Transportation Authority to lead the leasing of Grand Central Terminal.



MTA Metro-North Railroad is the steward of the iconic, 100-year-old Grand Central Terminal, which draws more than 750,000 national and international visitors each day and features boutique restaurants and cocktail lounges, a gourmet market, and many specialty shops.



NGKF executive VP Mitch Friedel will lead the leasing assignment, and his team is charged with continuing to diversify the retail and restaurant mix in part by engaging new, popular brands expanding in New York to create a fresh shopping experience at Grand Central Terminal.



“With NGKF’s involvement, we feel Grand Central Terminal will be invigorated with a dynamic blend of new and existing tenants," said Nancy Marshall, director of Grand Central Terminal Development for the MTA.



NGKF is a part of global brokerage company BGC Partners.