Category : Leases

NYC sees huge jump in tech leasing as sector spreads out
LeasesTechnology

NYC sees huge jump in tech leasing as sector spreads out

REW
New York City saw a 148 percent increase in the number of new leases signed by tech firms last year, bringing the market in second behind San Francisco. The city signed some 11 million square feet in deals among the largest US office leases by tech firms, according to analysis...
LEASES: This week’s leases Under 10,000 s/f
Deals & DealmakersLeases

LEASES: This week’s leases Under 10,000 s/f

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NEW YORK Cushman & Wakefield arranged a 4,950 s/f lease for Other Industries, a post production and video editing firm, at 243 Canal Street in SoHo. Jamie Katcher, Douglas Regal and Sebastian Infante represented the landlords, Canal Street Ventures and City Urban Realty, in the transaction. The six-story office building recently underwent a capital improvement...
Deals & DealmakersLeases

Canal conservationists move to Can Factory

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LMS Realty has welcomed the Gowanus Canal Conservancy to the Old American Can Factory at 232 3rd Street in Brooklyn. Located on the ground floor in a former gallery spanning 15,000 s/f, GCC will use half the office space for staff and a number of seasonal educators, gardeners and apprentices throughout the year.
Apple moving into Macyʼs old space?
FeaturedLeasesRetail

Apple moving into Macyʼs old space?

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By Linda OʼFlanagan Apple is set to sublease a 200,000 s/f chunk of Macyʼs office space at 11 Penn Plaza. According to numerous published reports, the tech giant has signed a deal with the retailer to occupy the space when Macyʼs moves its corporate offices to Long Island City this...
App Academy moves to Union Square office
Leases

App Academy moves to Union Square office

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RFR announced a 12,602 s/f lease with App Academy at 90 Fifth Avenue, a 140,000 s/f office building located a minute’s walk from New York’s Union Square Park. The San Francisco-based education technology company, relocating from 22 West 38th Street, took the entire second floor of the office property, which...
Investment bankers opt to stay put at 430 Park Ave.
Leases

Investment bankers opt to stay put at 430 Park Ave.

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Lee & Associates NYC today announced that the firm has arranged a lease renewal for investment bank H.C. Wainwright at 430 Park Avenue in Manhattan. The tenant, H.C. Wainwright will occupy the entire third and four-floor, totaling 33,698 s/f of office space. Corey J. Abdo, executive managing director and principal...
Deals & DealmakersLeases

Asset managers relocating to 48,000 s/f at Boston Properties’ 399 Park Avenue

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JLL has completed a new transaction for Lexington Partners LP at 399 Park Avenue, which is owned by Boston Properties Inc. Lexington Partners, one of the largest independent managers of secondary and co-investment funds, signed a lease for 48,000 s/f at the Class A, 1.7 million-square-foot office building. The tenant...
Software giant Celonis takes floor at 1 WTC
Leases

Software giant Celonis takes floor at 1 WTC

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The Durst Organization and The Port Authority of New York and New Jersey today announced that Celonis, Inc. has signed a seven-and-a-half-year lease for 34,328s/f on the entire 87th floor of One World Trade Center. Celonis is moving their U.S. headquarters downtown from 119 West 40th Street. “One World Trade...
Leases

NKF brokers 16-year renewal for SIG at 140 Broadway

REW
Newmark Knight Frank (NKF) announced that Susquehanna International Group (SIG) has signed a lease renewal for 52,412 s/f at 140 Broadway in the Financial District. NKF Vice Chairman Brian Goldman and Executive Managing Director Ross Perlman represented SIG in the transaction. SIG, a global quantitative trading firm founded in 1987,...
Private equity firm, Blue Wolf Capital Partners inked to 3 WTC
Leases

Private equity firm, Blue Wolf Capital Partners inked to 3 WTC

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Silverstein Properties has announced that Blue Wolf Capital Partners LLC (“Blue Wolf”), a leading private equity firm, signed a 10-year lease for approximately 20,000 square-feet at 3 World Trade Center in Downtown Manhattan.  Currently located at One Liberty Plaza, the firm is slated to occupy half of 3 World Trade...