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Deals & Dealmakers

Savitt signs trio of leases at 530 Seventh

Savitt Partners today announced three new lease transactions at 530 Seventh Avenue.

The Savitt Partners team of Bob Savitt, Brian Neugeboren and Nicole Goetz oversee leasing at the property and arranged the new lease transactions.

The largest new lease was an 11,300 s/f deal with Custora, a team of developers, scientists, designers and analysts who create CRM activation software. It will be relocating its New York City operations to newly built office space on the 20th floor of 530 Seventh Avenue.

Gerry Thies of Redwood NYC represented Custora in the lease negotiations with the ownership.

Another technology tenant, Kustomer, a customer experience platform that integrates applications and data in new ways to help support teams quickly understand and respond to client needs, more than doubled its occupancy at 530 Seventh Avenue.

The firm has inked a new 12,100 s/f office lease on the 16th floor. It previously occupied 5,150 s/f on the 20th floor of the building but required additional office space to occupy its rapidly growing business.

Originally located in WeWork co-working office space at 315 West 36th Street, Kustomer evaluated a large number of buildings throughout several different neighborhoods and 530 Seventh Avenue was the perfect place for the firm to expand its brand and identity.

Conor Kenny and Christine Colley of Cushman & Wakefield represented Kustomer in the lease negotiations.

Continental Corporate Services, Inc. (CCS), an expert in compliance law, renewed and expanded to a 2,100 s/f lease on the fifth floor of the property.

The New Jersey-based company originally opened its first New York City office at 530 Seventh Avenue in 2015. The firm has grown significantly over the past few years and wanted to stay in the building. The ownership worked closely with the firm and was able to locate the ideal expansion space.

Built in 1930, 530 Seventh Avenue has been updated with wood and concrete floors and loft-like ceilings. it is also home to The Skylark, a cocktail lounge for entertaining, and Space 530, a full service co-working environment. The building is Wired Certified Platinum with multiple high-speed broadband options and cutting-edge telecommunications system.

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