Category : Office Market

Office Market

Long Island lures IT company Agilant away from Manhattan

REW
by REW1597
IT consulting company Agilant — one of New York’s largest privately held companies in 2014 — is relocating from Manhattan to Long Island. Nassau County Executive Edward P. Mangano announced that the Nassau County Industrial Development Agency (IDA) has lured the technology company to Port Washington with an economic development...
Cushman & Wakefield to tout New Jersey portfolio to millennial workers
Office Market

Cushman & Wakefield to tout New Jersey portfolio to millennial workers

REW
by REW1248
Cushman & Wakefield has been named exclusive leasing agent for a four-building, 850,000 s/f Bergen County office portfolio. A joint venture of Onyx Equities and Garrison Investments recently purchased the properties – located in Paramus and Rochelle Park. Planned capital improvements will create a critical mass of modernized office space...
L&L Holding launches marketing, leasing campaigns for Ironworks in Chelsea
Office Market

L&L Holding launches marketing, leasing campaigns for Ironworks in Chelsea

REW
by REW1758
L&L Holding Company has launched a marketing and leasing campaign for Ironworks at 511 West 25th Street, its renovated office property in Chelsea’s High Line and Gallery districts. The company is offering the full 84,554 s/f office space to a single user, pitching the opportunity to brand the property as...
Offices adopt hotel mentality as extended stay becomes new normal
FeaturedOffice Market

Offices adopt hotel mentality as extended stay becomes new normal

REW
by REW2771
Hospitality has become a driving force in the office rental market. Along with conference rooms and gyms, features that have long been associated hotels, workplaces are also adding lounges, cafés, concierge services, game rooms and sleeping areas. Demand has even given life to a niche industry in which third-parties, such...
Madison Square Garden Ventures leases 10,000 sf at 111 W. 33rd Street
FeaturedOffice Market

Madison Square Garden Ventures leases 10,000 sf at 111 W. 33rd Street

REW
by REW2697
Madison Square Garden Ventures, a tech-driven subsidiary of the MSG Company, has leased a 10,000 sf floor in a Midtown South office building. The office is within 111 West 33rd Street, which is owned by Empire State Realty Trust, the same REIT that controls the Empire State Building as well...
WeWork devours more New York office space, adds Tower 57, NoMad loft
FeaturedOffice Market

WeWork devours more New York office space, adds Tower 57, NoMad loft

Linda O'Flanagan
by Linda O'Flanagan1668
A week after announcing an $850 million deal to buy the Lord & Taylor flagship for his NYC headquarters, WeWork continues to sign leases for more space. The collaborative workspace provider is expanding its footprint at Tower 57 to 125,000 s/f.   And it will occupy a chunk of the...
Essex Crossing goes “big-game hunting” for high-profile office tenants
FeaturedMarketing and Public RelationsOffice Market

Essex Crossing goes “big-game hunting” for high-profile office tenants

REW
by REW2618
Delancey Street Associates, the team of investors behind Essex Crossing, is hoping to land at least one distinguished company at its Lower East Side development by offering a ready-made campus environment. “We’re big-game hunting,” said Josh Kuriloff, the Cushman & Wakefield executive handling the marketing campaign for the site’s 350,000...
Office Market

Savanna buys classic Midtown office property on West 44th Street

REW
by REW1571
Savanna announced the acquisition of 19 West 44th Street, an 18-story, 303,943 s/f office building in Midtown. The building was sold by Deka Immobilien GmbH. Situated on a block-through lot on West 44th and West 45th Streets between Fifth and Sixth Avenues, it is located between Times Square, Bryant Park,...
FeaturedOffice MarketTechnology

Midtown West, Long Island City, Brooklyn, FiDi headline NYC’s Amazon bids

REW
by REW1703
New York City offered four resurgent districts in Manhattan, Brooklyn and Queens to Amazon as potential locations for its second headquarters. Midtown West, Lower Manhattan, Long Island City and Brooklyn’s Tech Triangle—composed of the borough’s downtown district, DUMBO and the Navy Yard—were all included in a combined pitch from the...