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Deals & Dealmakers

LEASES: Activity at Carnegie, long-term deals in Yonkers


At Carnegie Hall Tower at 152 West 57th Street:
•Gaia Real Estate renewed and expanded, going from 4,000 to 7,000 s/f on the 17th floor, signing a long term lease. Asking rents were in the upper $70’s. Newmark repped both sides of the deal.
• Nuverse Advisors, a financial advisory firm, took a new suite on the 21st floor at Carnegie Hall Tower, leasing 3,000 s/f.
Brittany Silver and Matt Leon, of Newmark Grubb Knight Frank, represented the building owner, TF Cornerstone, while NGKF also represented the tenants.

At 252 West 37th street, a 140,000 s/f building owned by the Eretz Group, marketing firm Answerlab leased 3,000 s/f on the 17th floor. Asking rents were in the low 50’s. Brittany Silver and Matt Leon, of NGKF, represented the building owner. NGKF’s Jason Greenstein and Alex Leopold represented the tenant.

Colliers International has arranged, on behalf of developer Forest City Ratner Companies (FCRC), two, long-term office leases totaling 6,200 s/f at 73 Market Street in Yonkers, New York. The 250,000 s/f, Class-A office building is situated within FCRC’s mixed-use development known as Westchester’s Ridge Hill. Al Gutierrez, executive managing director for Colliers, along with senior managing director Ian Ceppos, director Stephanie Coleman, and associate Cameron Paktinat, exclusively represent the landlord.:
• Scarsdale Oral Surgery has signed a 4,000 s/f lease for a new oral surgery center. This location on the third floor of the trophy office building complement the practice’s three other locations in Westchester County.
• Global computer-based testing provider Pearson VUE — part of Pearson PLC and the Pearson Education family — signed a 2,500 s/f lease on the third floor of the building. The company, whose new office is set to open by the end of 2015, maintains several other offices throughout the country.

JRT Realty Group represented Global Health Strategies in the closing of a ten-year, 7,300 s/f lease on the 12th floor of 38 East 32nd Street. Ellen Israel and Lauren Calandriello of JRT Realty Group represented the tenant. The ownership of 38 East 32nd Street was represented by Michael D. Joseph of Colliers International. The firm – which has locations in New York, New Delhi, Rio de Janeiro, and Beijing — is an international consulting company that works with clients to ensure development and worldwide delivery of health products, technologies and information. The company supports work in diverse countries in Africa, Asia, Europe and the Americas.

­­Long Island Industrial announced 22,860 s/f of leasing activity at 270 Duffy Avenue in Hicksville, New York.
• Daniels Norelli Scully & Cecere, a debt collection law firm, will relocate to a 7,360 s/f space from their previous location, 1 Old Country Rd. in Carle Place, N.Y. Long Island Industrial’s in-house director of leasing, Tommy Tsiolis, represented the landlord.
• NYB Distributor, an energy drink and supplement supplier, signed an 8,200 s/f lease at 270 Duffy Ave. The property is centrally located in Nassau County that sits on 8.4 acres of land.
• Chlogan Eyewear, a company specializing in managed frames had signed a 3,100 s/f lease at the Long Island Industrial Property.
• Culicover & Shapiro, a janitorial brushes manufacturer, renewed a 4,200 s/f lease.

Hunt Corporate Services, Inc. announced that MDamerica has subleased 3,164 s/f of office space at 225 Broadhollow Road in Melville, NY. Chuck Syage of Hunt represented the subtenant. Roger Wooster of Cushman & Wakefield Inc. represented the tenant in the lease negotiations.

MFM PROPERTIES LLC, owner of 135 West 29th street, also known as The Haymarket Building, has signed a five-year lease with an additional five-year option for 1,300 s/f of office space with Advanced Communications Training, Inc. (AKA NLP Center). Ilan Mosery represented MFM Properties LLC. Joann Stock from Colliers International represented NLP. The Haymarket building is a 12-story building equipped with security cameras throughout, two new passenger elevators, newly renovated lobby with 24/7 security staff.

Redwood Property Group announced that Nestio, a residential leasing and marketing platform for landlord and brokers has signed a lease for 6,900 s/f of office space for a term of five years at 150 West 22nd Street. Arash Sadighi, of TheSquareFoot, represented the tenant. Eli Someck, of Redwood Property Group, represented the landlord. Asking rent was $60 psf.

RFR Realty LLC announced 22,995 s/f of leasing activity at 17 State Street in the Financial District of Manhattan. Asking rents are in the $70s psf. AJ Camhi, senior vice president and director of leasing at RFR, represented the woenr in house along with Mitchell Konsker, Scott Cahaly and Kyle Young from JLL.
•Axioma, Inc., a provider of risk management and portfolio construction services globally, expanded to occupy 3,860 s/f and will now occupy a total of 22,266 RSF in the building. Clyde Reetz of CBRE represented Axioma.
• Veris Wealth Partners, a wealth management firm focused on sustainable and impact investing, is relocating to 17 State Street and will occupy 3,585 s/f. Joel Wechsler and Nate Katz of CBRE represented Veris.
• Low Emissions Resources Corporation, another new tenant, took 6,543 s/f. Richard Gottlieb of CBC Alliance represented Low Emissions Resources Corporation.
• Law firm Wechsler & Cohen LLP, signed a lease for 9,007 s/f.
• Other significant leasing activity 17 State Street includes a 29,386 s/f deal with Alphadyne Asset Management, 97,955 s/f to IPsoft, and 24,227 s/fto Bressler, Amery & Ross.

Savitt Partners announced several new leases at 530 Seventh Avenue. Brian Neugeboren and Nicole Goetz worked closely with all the companies in negotiating the lease transactions on behalf of the ownership.
•August Hat Company, a hats and accessories company that is carried at major retailers such as Macys, Nordstrom, and Bloomingdales has signed a lease for 1,700 s/f on the 5th floor. The company will be relocating from 366 Fifth Avenue. Mayer Segal of Business Real Estate Group represented August Hat Company in the transaction.
• Cotton Emporium, a contemporary women’s sweater company, is renewing its lease for 1,400 s/fon the 6th floor. The company has been in the building for five years.
• Kash Apparel LLC, a fashion company which oversees both Socialite and OOTTD, which can be found at Nordstrom, Dillards and JC Penny, will relocating from Space 530 to a 2,100 s/f showroom on the 11th floor. Marc Schoen of Savitt Partners along with Brian Neugeboren represented Kash Apparel in the transaction.
• New Balance Athletics Inc., an international athletic footwear company, has renewed its lease for 1,700 s/f on the 10th floor. New Balance has been a tenant at 530 Seventh Avenue for 16 years.
• Nutty Rice, LLC, a successful multi-line sales agency which represents men’s and junior’s footwear, apparel, and accessories, has renewed its 1,400 s/f on the 10th floor. The firm has been in the building since 2006.


Cushman & Wakefield announced that three new leases, totaling 48,525 s/f, were signed at Crown Corporate Campus (470, 472, 476, 478, and 488 Wheelers Farm Road) in Milford, Conn. As the exclusive leasing agent for Crown Corporate Campus, the C&W team comprised of Kevin Foley, executive eirector; Mike Dillon, director; and Will Mercorella, associate, represented the landlord, Crown Milford, LLC, a
division of Crown Properties, in the three deals:
• SurgiQuest, Inc., a surgical device company in the field of minimally invasive access technology, leased 40,542 s/f at 488 Wheelers Farm Road. SurgiQuest was represented by Dave Hansen and Matt O’Hare of CBRE;
• The Berry Company, a provider of local online, search, video, and directory solutions, leased 7,781 s/f, also at 488 Wheelers Farm Road. The Berry Company was represented by Sean O’Neill of Jones Lang LaSalle;
• Boys & Girls Village, a not-for-profit agency, specializing in children with special educational needs, leased 2,002 s/f at 472 Wheelers Farm Road. Marie Pelaccia, of First Equity Real Estate, represented Boys & Girls Village.


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