Real Estate Weekly
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City takes Citigroup space in LIC

Cushman & Wakefield arranged a 60,476 s/f sublease for the New York City Department of Health and Mental Hygiene (DOHMH) at One Court Square, a 50-story tower, also known as the Citigroup Building, in Long Island City Queens.

DOHMH will occupy the entire 20th and 24th floors, which were vacated by Citibank.

Robert J. Giglio, Executive Managing Director at Cushman & Wakefield and Ellen Israel, Managing Director at JRT Realty

Group, Cushman & Wakefield’s Strategic Alliance Partner, represented the Department of Citywide Administrative Services (DCAS), which oversees DOHMH leasing.

While terms of the sublease are undisclosed, asking rents were in the $40-per-square-foot range. The sublessor, Citigroup, was represented in-house.

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