KIPANY Marketing, the firm which handles marketing for The New York Times, Disney, Comcast, Verizon and Sears, is relocating to Fort Lauderdale after 40 years in NY as the exodus of business and wealth from high-tax northern states continues as they gravitate towards Florida’s income tax-free structure. The company purchased 2,143 SF office space on the water in Nu River Landing for $2.15 million, $1,003 SF, at 511 SE 5th Avenue, Fort Lauderdale, marking the highest price sold in the building. Filippo Incorvaia of Douglas Elliman Real Estate represented the buyer, Kip Colligan, Co-Founder & COO of KIPANY, in the real estate purchase. The original listing price was for $3,200,000 offered with pre-approved plans to build a mezzanine level which would have extended the area to 4,923 SF but KIPANY purchased the property without the plans. After a substantial build out, the space will serve as the new executive headquarters for the company who handles direct marketing services.
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