Newmark Holdings and Northwind Group announced that law firm Kaufman Dolowich & Voluck, LLP has signed a 10-year, 14,800 s/f lease for the entire 20th floor at 40 Exchange Place, a 20-story building in the Financial District.
The tenant is relocating and expanding their New York City operations from 60 Broad Street.
Allen Gurevich of Newmark Holdings represented the ownership, while Andrew Beckler of Blue Rock Bay Real Estate acted on behalf of the tenant.
In November 2015, Newmark Holdings and Northwind Group acquired 40 Exchange Place and have since enacted a capital improvement program, which is still underway. It will improve all tenant spaces and building systems in the property.
“This new lease symbolizes the transformation of 40 Exchange Place into a best-of-its-class office building,” said Newmark in a press release.