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Deals & Dealmakers

Adams & Co. Completes Deal Totaling 12,230 Square Feet at 463 Seventh Avenue

Manhattan’s forward-thinking, full-service real estate firm, Adams & Co. (Adams), has announced that The Jewish Board of Family and Children’s Services, Inc., a social services organization that provides quality mental health, housing and social servicing to people of diverse backgrounds, has signed a 12,230-square-foot lease at 463 Seventh Avenue, subleasing part of the eighteenth floor.

“463 Seventh Avenue is an ideal property for companies looking to be in the middle of NYC’s action,” said David Levy, Principal of Adams & Co. “This space offered an office with new renovations and a fully managed cooling system that could fit the company’s growing business and be easily accessible to employees and patients.”

David Levy of Adams & Co. represented the landlord, The Arsenal Company LLC and David Lebenstein of Cushman & Wakefield represented the tenant in the transaction. Asking rent was approximately $49 per square-foot.

Located on Seventh Avenue between 35th and 36th streets, 463 Seventh Avenue is a 22-story building built in 1925. It features a brand new, open and welcoming lobby, a security system, turnstiles and 24/7 security. 463 Seventh Avenue is conveniently placed near multiple transportation hubs including Penn Station, the Port Authority, Grand Central and 15 major subway lines.

For more information about Adams and 463 Seventh Avenue, visit https://www.adamsre.com/collections/midtown-1/products/463-7th-ave-building.

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