NEW YORK TerraCRG announced that Forte Construction, a subway contractor, has leased 1,650 s/f of office space at 105 Court Street in Downtown Brooklyn. Chris Havens and Caroline Pardo of the TerraCRG office leasing division represented the landlord, Chanin Court Associates. Asking rent was $50 psf. Forte is currently building the new elevator to the...
Boston Properties announced that Shearman & Sterling law firm signed a new, 20-year lease for 338,000 s/f at 599 Lexington Avenue. This is an early renewal of Shearman & Sterling’s lease that was scheduled to expire in August 2022. The firm is set to create an enhanced state-of-the-art office space...
Beer Witch, a women-owned and operated craft beer store and bar, is set ot open at 460 Bergen Street in Park Slope. TerraCRG arranged the 10-year lease at an asking rent of $78 psf. The space provides 900 s/f with a lower level for storage. The tenant is planning a...
Cushman & Wakefield arranged a 3,650 s/f long-term lease for Grand Days, a play space and café offering programming, food and drinks for young children and their parents, at 307-311 Grand Street in Williamsburg, Brooklyn. Brandon L. Singer and Michael Cody represented the tenant in the transaction. The landlord, Grand...
The Manhattan market continues to make the difficult adjustment to the new realities of the retail business, according CBRE’s Q4 2019 Retail MarketView, released today. Leasing velocity decelerated modestly in the latter half of 2019, though the average volume remained well ahead of the levels experienced over the previous two...
JLL has completed a new transaction for ad management firm CafeMedia at 1411 Broadway with building owner Ivanhoe Cambridge. The leading digital media company inked a lease for 25,261 s/f at the 1.13 million-s/f office building. The tenant, CafeMedia, was represented by Alexander Chudnoff, vice chairman; Dan Turkewitz, managing director;...
Newmark Knight Frank (NKF) has announced a 57,000-s/f lease for law firm Labaton Sucharow at 140 Broadway in Lower Manhattan. NKF Vice Chairman Jared Horowitz, Executive Managing Director Dan Gronich and Head of New York Consulting Group Jason Perla represented Labaton Sucharow LLP in the renegotiation of their lease. A...
The Sapir Organization has announced the signing of a 12-year, 112,000 s/f lease renewal with law firm McLaughlin & Stern, LLP, at 260 Madison Avenue. Additionally, the owner will carry out an in-depth renovation of the firm’s headquarters on floors 15-22 to deliver a state of the art office environment...
Jack Resnick & Sons has announced a 16-year, 151,890 s/f lease renewal by long-time anchor tenant Cantor Fitzgerald at 110 East 59th Street. The global financial services firm will continue occupying full floors on the 37-story East Midtown building’s second through seventh and 15th floors. In addition to its headquarters...