Deals & Dealmakers

Trade group moves to 120 Broadway

The World Trade Centers Association (WTCA), a non-profit, international trade association that brings together corporations and government agencies in over 100 countries, has signed a ten-year 11,911 s/f lease at 120 Broadway on the 33rd floor of the premiere Wall Street office building, also known as the Equitable Building.

The asking rent was over $42 psf. The space, with panoramic views, was delivered built and fully-furnished.

Shawn Harooni, executive managing director at Norman Bobrow & Company, represented the WTCA trade association. “The accessibility of the new location and its close vicinity to the new World Trade Center properties make it attractive to our client’s operation,” said Harooni.

The landlord is Silverstein Properties and they were represented in house by Camille McGratty, vice president.

The WTCA is presently in the Gray Bar building at 420 Lexington Avenue near Grand Central, which Harooni said, “shows the growing popularity of downtown office space for many companies.”

He is currently working exclusively on behalf of several tenants in different categories: technology, financial services and two retail chain store companies that are “actively looking and considering spaces downtown.”

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