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Deals & Dealmakers

LEASES: Insurance firm relocates to 11 Times Square; Yummie deal at 530 Seventh

SJP Properties announced that Precise Leads, Inc., a customer acquisition company delivering insurance leads to agents and carriers nationwide, has signed an office lease to relocate to 6,675 s/f at 11 Times Square. Precise Leads was represented in its lease by Transwestern partner Lindsay Ornstein. SJP Properties was represented by Dan Turkewitz of JLL, 11 Times Square’s exclusive office leasing agent.
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Savitt Partners announced that Yummie by Heather Thomson inked a new lease for 9,000 s/f on the 15th floor at 530 Seventh Avenue. The popular brand of versatile essentials will relocate from its space at 561 Seventh Avenue. The Savitt Partners team of Bob Savitt, Brian Neugeboren, and Nicole Goetz represented the ownership in the transaction while Jonathan Schindler and Conor Kenney of DTZ represented Times Three Clothier LLC in the transaction.

BOB SAVITT
BOB SAVITT

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Adams & Co. Real Estate brokered a 10,303 s/f lease consisting of a 9,042 s/f renewal and 1,261 s/f expansion at 10 West 33rd Street for Fast Forward, Inc. David Levy, principal, represented the tenant as well as the landlord. The asking price was $52 per square-foot. Fast Forward Inc. is leasing the partial seventh floor for 10 years. The company plans to use the space as general and executive offices as well as a showroom for the handbag accessory company.
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Eric S. Goldschmidt, senior partner Goldschmidt & Associates, represented Archie Comic Publications in their new lease of 10,300 s/f at the Sanborn Map Building, 629 5th Avenue, Pelham. Archie Publications occupied an office and warehouse in Mamaroneck, New York for many years, but being in the digital age there was minimal need for a warehouse and a requirement for more office space. 629 5th Avenue was chosen for its unique brick walls, high ceiling, large windows, and the quality of maintenance by the owner/manager – an affiliate of Caspi Development. Representing the landlord was Michael McCall, Vice President at CBRE.
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Empire State Realty Trust, Inc. concluded the following leasing transactions at its Westchester County, NY office properties. Jeffrey H. Newman, senior vice president of ESRT, represented the landlord, ESRT, in all of the transactions, along with senior leasing associate Kimberly Zaccagnino and leasing associate Tara Long :
• Eckert Seamans Cherin & Mellott, LLC expanded by 5,600 s/f at Ten Bank Street in White Plains, bringing its total occupancy to 20,900 s/f. Tenant broker: Paul Hoffman of CBRE.
• Two Four Holdings expanded by 3,200 ss/f at Ten Bank Street.
• True North Management Group leased 10,500 square feet at Ten Bank Street. Tenant broker: Kevin McCarthy of CBRE.
• Liberty Mutual Insurance Company signed a 6,900 s/f renewal and expansion at Ten Bank Street. Tenant brokers: Robert Shulman and Maureen Young of Cresa Partners.
•Barrington Chemical Corporation signed a 3,700 s/f renewal and expansion at 500 Mamaroneck Avenue in Harrison.
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EVO Real Estate Group, a member of NAI Global, concluded 24 commercial leases in April and May. Transaction highlights include:
Arnold Gamberg and Carlo Catuogno represented fashion labels Rosetta Getty/Creatures of the Wind in a 5,000 s/f lease at 267 Fifth Avenue. Gregory Cohen of Douglas Elliman served as the landlord’s broker.
Jared Anderson and Elliot Klein represented 15 West 26th Street in its lease of 4,500 s/f to Reflexions Data LLC. Doug Regal of Cushman & Wakefield (formerly of ABS Partners) represented the tenant.
Richard Price represented Brookline Financial Services, Inc. in its lease of 4,400 s/f at 212 West 35th Street. Barbara Raskob of Kaufman Management Company represented the landlord.

EVAN LIEBERMAN
EVAN LIEBERMAN

Elliot Klein represented 276 Fifth Avenue in law firm Mavrides, Moyal, Packman & Sadkin’s renewal of 4,016 s/f .
Evan Lieberman, along with Michael Dylan of Inceptum Inc., represented two tenants at 247 West 38th Street: Fashion importer Entrée LS Inc. leased 4,000 s/f, and Uniko Fashion Club Inc. leased 3,800 s/f. The landlord’s broker was Yidel Weiss of Weiss Realty.
Barry Bernstein represented the landlord in Youth Communication/NY Center Inc.’s lease of 3,800 s/f at 242 West 38th Street. Elie Smith of Norman Bobrow & Co., Inc. was the tenant’s broker.
Robert Rosenberg and Roy Garipian represented MC United Textile in its lease of 3,750 s/f at 260 West 36th Street. Stephanie Moore of CBC Alliance represented the landlord.
Barry Bernstein represented the landlord in Skyline Displays Manhattan, LLC’s lease of 3,600 s/fat 242 West 38th Street. Ryan Herzich, Craig Berman, and Michael Gasparino, Jr. of Joseph P. Day Realty Corp. represented the tenant.

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