Gotham Plaza Welcomes MTA as Its Newest Tenant

The Blumenfeld Development Group (BDG) announced that the Metropolitan Transportation Authority (MTA), has signed a 10-year lease becoming the most recent tenant at Gotham Plaza in Harlem, NY.

Gotham Plaza, which is a partnership between BDG and Acadia Realty Trust, is a three-level property located on the 125th Street Corridor in the heart of Harlem. It offers more than 92,000 square feet of mixed-use space on the north side of East 125th Street between Lexington Avenue and Third Avenue. Retail tenants include Apple Bank, CityMD, Taco Bell and Foot Locker which are located on the ground floor while the upper floors are reserved for office space.

The MTA will occupy 17,647 square feet of office space on the third level. BDG has begun the build out of the space with an expected occupancy by the middle of August 2025.

“We are pleased to have the MTA join our first-class roster of tenants at Gotham Plaza,” said David Blumenfeld, Principal, BDG. “Their selection of the Plaza exemplifies the value of the property and revitalization and development of the area.”

Newmark, who serves as the exclusive leasing agent for the office portion of the property, facilitated the leasing on behalf of the partnership.

“We are thrilled to have secured a top-rate tenant such as the MTA at Gotham Plaza,” said Barry Goodman, Newmark Senior Managing Director. “It is a testament to the quality of the property and look forward to welcoming them into their new offices.”

The 125th Street Corridor runs from Broadway to Second Avenue and is Harlem's epicenter of culture and architecture. 159 E 125th Street is easily accessible by car, multiple subway lines, buses, and the Metro-North Railroad

MTA was represented by CBRE on the lease transaction.