RFR Realty announced a 97,955 s/f lease renewal and expansion at 17 State Street with IPsoft, a software company that specializes in automatic and cognitive technologies.
17 State Street is RFR’s 42-story Emery Roth & Sons-designed office tower overlooking New York Harbor.
IPsoft took floors 9-15 as well as floor 17 at the building, which has consistently drawn interest from financial services, legal and tech tenants.
Robert Lowe, at Cushman & Wakefield, represented IPsoft in the deal. Steve Morrows, leasing director at RFR, represented the real estate firm in-house, along with RFR vice president AJ Camhi and assistant vice president Ryan Silverman.
“17 State Street continues to draw a mix of technology and legal firms to downtown,” said Mr. Morrows.“We welcome IPSoft’s continued commitment to our building and are thrilled to watch them prosper as a company.”
Situated at the corner of State and Pearl streets across from Battery Park, 17 State Street offers access to multiple modes of transportation, including subway lines, ferries to Staten Island and New Jersey, the New York Water Taxi and the Downtown Heliport.