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Deals & Dealmakers

Lee NYC brings Williamsburg space to market

CW Realty has tapped Lee NYC to market 30,000 s/f of office space at 61 North 11th Street in Williamsburg.

Corey Horowitz, executive managing director, and Justin Myers, managing director are leading the assignment to lease the circa 1920s warehouse building between Kent and Wythe Avenues, being renovated and reinvented as a modern mixed-use property.

The approximately 41,000 s/f three-story building has an estimated 30,000 s/f office space and 10,000 s/fof grade and below-level retail space.

Features will include original wood floors, skylights, new over-sized windows, unobstructed views of the Manhattan skyline and access to a 3,000 s/f roof deck.

Neighboring tenants currently include Brooklyn Bowl, House of Vans, Amazon, SuitSupply (at The William Vale Hotel), Marlow and Sons and Brooklyn Brewery.

Among the other new developments in the immediate area are BMW’s new design center and Adidas’ design studio and event space.

“The northern section of Williamsburg is referred to as the hotel, office and entertainment hub of the neighborhood because hotels like the Wythe, William Vale, McCarren and The Williamsburg have all created a concentration in this area,” said Horowitz.

“In addition, the developing office space at 25 Kent and the new Cayuga Capital Management offices mean that it’s an exciting time for office development in the neighborhood.” The space is available immediately and asking rents range from the mid-to-high 60’s psf.

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