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Leases

LEASES: CBRE signs Global designers Populous to a 4,800 s/f lease in The Starrett-Lehigh Building

NEW YORK

EVAN FIDDLE

Global designers Populous, the firm behind such iconic buildings as Yankee Stadium, Citi Field, Allianz Field, and Tottenham and Wembley Stadiums, signed a lease that will move its New York offices to The Starrett-Lehigh Building at 601 West 26th St. in West Chelsea. The 4,800 s/f lease represents a significant expansion from the firm’s original space at 475 Fifth Ave. The firm has completed its design for its 17th floor space and is set for relocation in April 2020. A CBRE team of Evan Fiddle, Michael Movshovich, Mary Ann Tighe and Katja Volz represented Populous while Daniel Birney and Denise Rodriguez represented RXR in-house. The Starrett-Lehigh Building — designed by Cory & Cory Architects, constructed in 1931 and purchased by RXR Realty in 2011 — is home to many global leaders in fashion, design, the arts, media and technology. The building is undergoing a retail repositioning and will soon feature a food and beverage program.

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CRAIG WEISS

T. Weiss Realty Corp. announced that ChyronHego Corp., a leader in live television, news and sports graphics production technology, has leased 13,434 s/f of Class-A office space at Broadhollow Corporate Center, 532 Broadhollow Rd. The company will relocate from its long-time global headquarters at 5 Hub Drive in Melville. A portfolio company of the San Francisco private equity firm, Vector Capital, ChyronHego is the result of the 2013 merger of Chyron, a U.S.-based broadcast graphics provider, and Hego, a Swedish sports data and graphics provider. Craig Weiss, President of T. Weiss Realty, represented the landlord in the transaction. Michael Herz of Manhattan-based Vicus Partners and Ruth Darby of Arizona-based Keyser Co. represented ChyronHego.

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CBRE announced three new lease transactions totaling 91,000 s/f at 1311 Mamaroneck Avenue, a 350,000 s/f Class A office complex in White Plains. As the exclusive leasing agents, the CBRE team of William V. Cuddy Jr., Jacqueline Novotny, Brian Carcaterra, Michael McCall and Ryan Christie represented the landlord, Onyx Equities, in the negotiations. The tdeals include:

• ICE Data Services, Inc., a subsidiary of the New York Stock Exchange, signed a new seven-year 21,000 s/f lease after relocating from another White Plains property;

• Law firm McCullough, Goldberger & Staudt, L.L.P renewed it 10,000 s/f lease at the building;

• Orthonet, an orthopedic specialty benefit management company, renewed its 60,000 s/f office space lease.

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JAMIE SCHWARTZ

GHP Office Realty, an affiliate of Houlihan-Parnes Realtors, represented The Westchester Bank in a 10-year lease for 2,070 s/f storefront bank branch located in the Arcadian Shopping Center, 240 South Highland Avenue. The shopping center is located on the border of Briarcliff Manor and Ossining. Jamie Schwartz, executive vice president at GHP, epresented the bank in the transaction.

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LESLIE KEIDAN

Tri State Commercial Realty arranged a 10-year, 2,000 s/f lease for Monocle Vision, Inc. at 268 Metropolitan Avenue in Williamsburg. The new location will be used as a co-working space aimed at high-tech companies and ventures. The Tri State team, led by Moshe Akiva, represented both Monocle Vision, Inc. and the building’s owner, All Year Management, in the negotiations. 268 Metropolitan Avenue is a recently-completed mixed-use building with 4,000 s/f of retail space and 24 contemporary residences.

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Zar Property NY has completed five leases totaling 18,750 s/f at 250 West 54th Street:

• Black Iron Burger signed a 15 year lease for the 3,600 s/f retail space. This will be the burger chain’s 5th New York City location. Albert Manopla and Carolina Aziz of Kassin Sabbagh Realty represented the tenant.

• Manhattan Sports Medicine signed a 15 year lease for 3,975 s/f on the 10th floor. This will be MSM’s 3rd location in Manhattan. There were no brokers involved.

• Miles & Tisch signed a 10 year lease for 2,175 s/f on the 5th floor. Leslie Keidan from Cresa New York represented the tenant in the transaction.

• Adeptus has signed a 5,000 s/f lease for 10 years on the 10th floor. Michael Nazarian and Matt Kashani of Norman Bobrow represented the tenant.

• Motion P/T, a national physical therapy chain signed a 4,000 s/f lease. Michael Doetsch of Cresa New York represented the tenant.

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Thor Equities has leased a portion of 180 Bedford in Williamsburg to Tend Dental. The dentistry startup has signed a lease for over 8,000 s/f across three levels including the full second floor and rooftop. Jason Pennington, Andy Clemmens, Alex Beard, and Ben Weiner of Ripco along with Sam Sabin of Thor Equities represented the landlord. Robert Bonicoro and Stephen Sjurset of CBRE represented Tend Dental.

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