Real Estate Weekly
Image default
Deals & Dealmakers Featured

RFR leases 28,000 s/f at 17 State Street

RFR today announced six new leases at 17 State Street, a 42-story, 571,000 s/f office tower in Lower Manhattan.

The six firms will account for a total of 28,111 ss/f of new office leases at the building.

ABR Dynamic Funds, SHS Asset Management L.P., Samson II Corp, Edward Roberts LLC, Protax Services Corp and Robert Wisniewski P.C. will join the diverse tenant roster at the iconic office tower. RFR was represented in-house by AJ Camhi and Ryan Silverman in each of the transactions.

“The building’s downtown location across the street from Battery Park with 25 acres of open green space and waterfront, its sweeping water views of the New York Harbor and Statue of Liberty and convenient access to transportation continues to attract strong tenants,” said Camhi.

AJ CAMHI

“The building offers stunning office space. A flight to quality is underway as we see an upward trajectory of firms bringing employees back to work.”

ABR Dynamic Funds secured 5,000 s/f of space at 17 State Street. Founded in 2015, ABR is a global quantitative investment management firm relocating from 48 Wall Street. Andrew Coe of JLL represented the tenant.

Samson II Corp, founded by Steven Markowitz, provides working capital to mid-sized companies and leased 6,181 s/f of space, relocating from 90 John Street. Andrew Roth of Somerset Real Estate represented the tenant.

Additional leases include asset management firm, SHS Asset Management L.P., which signed a 5,138 s/f lease, and healthcare-focused import and export company Edward Roberts LLC, which took 5,548 s/f in a deal brokered by Richard J. Bailey of Kassin Sabbagh Realty. Protax Services Corp, and independent attorney Robert Wisniewski P.C. also secured space at 17 State Street, moving from 101 Greenwich Street and 40 Wall Street, respectively.

Located at the corner of State and Pearl streets, 17 State Street was acquired by RFR in 1999. the company has since executed a capital improvement program consisting of elevator modernization and aesthetic improvements to the corridors, lobby, plaza and common areas, and has created a high-end, pre-built program.

(Visited 1 times, 2 visits today)

Related posts

Real Estate Weekly Leading Ladies 2021

REW

Olshan, O’Connor break ground for affordable Bronx development

REW

Time Equities acquires UK shopping center

REW