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Deals & Dealmakers

Versace among five new tenants at 3 Columbus Circle

JLL has completed five transactions, totaling 37,165 s/f, at 3 Columbus Circle, 1775 Broadway, on behalf of building ownership.

Versace USA Inc. signed for 21,342 s/f,  The Benvolio Group LLC took 5,789 s/f, Schireson Associates Inc. leased 3,886 s/fg , Lagoda Investment Management LP signed for 3,097 s/f and MFC Industrial Ltd. took 3,057 s/f at the the Class A, 747,416 s/f commercial office building.

3 Columbus Circle
3 Columbus Circle

The building owners were represented in all five transactions by Paul Glickman, Frank Doyle, Mitti Liebersohn, Alexander Chudnoff, Jonathan Fanuzzi, Diana Biasotti, and Benjamin Bass, all with JLL.

“All five tenants were drawn to 3 Columbus Circle for its spectacular views of Central Park and the surrounding cityscape,” said Glickman. “The building’s prime location was also a powerful lure, given its proximity to a tremendous range of cultural, entertainment, dining and shopping options. In addition, ownership has recently completed a comprehensive building-wide redevelopment, with the work including a new glass curtain wall, a new entrance and lobby, new elevators and updated mechanical systems.”

Versace USA  will occupy the entire 20th floor at the building, which encompasses the entire block bounded by Eight Avenue and Broadway, and West 58th Street and West 57th Street. The Italian fashion company will open a new office at the location. The tenant was represented by Jonathan Schindler at Cassidy Turley.

The Benvolio Group will occupy a portion of the 21st floor. The firm, which invests in early-stage branded consumer product and retail concepts, will open a new office in Manhattan. The tenant was represented by Alexander Schwartz with Norman Bobrow & Co. Inc.

Schireson Associates will be on the 22nd floor. The marketing consulting firm will relocate to the 22nd floor from its previous offices on the 15th floor at 3 Columbus Circle. The tenant was represented by the building owners in-house.

Lagoda Investment Management inked a lease for 3,091 square feet and will occupy a portion of the 22nd floor. The investment advisor will open a new office in Manhattan at 3 Columbus Circle. The tenant was represented by Lily Lin  of A.C. Lawrence / Bellmarc.

LILY LIN
LILY LIN

MFC Industrial Ltd. signed a lease for 3,057 square feet and will occupy a portion of the 21st floor. The global commodity supply chain company will open a new Manhattan office at the building. The tenant was represented by Paul Formichelli with JLL.

The 26-story 3 Columbus Circle offers efficient, flexible floorplates ranging from 21,324 square feet to 41,202 square feet, and boasts sweeping Central Park and city views. It also features close proximity to area amenities that include world-class restaurants and hotels, and immediate access to the subways at Columbus Circle, including the A, B, C, D and 1 trains. The building is also near the N, R, Q and E trains, and the M10, M20, M31, M57 and M104 buses.

The office building has approximately 75,000 s/f of available commercial office space, including 9,708 square feet on the 16th floor, the entire 34,290-square-foot 17th floor, and above-standard, pre-built suites ranging from 3,000 square feet to 6,000 square feet on the 21st floor.

Originally known as the Colonnade Building, the three-story property was designed by architect William Welles Bosworth and constructed in 1923. The building was designed by Shreve, Lamb and Harmon, the architectural firm behind the Empire State Building, and constructed on top of the original building in 1927. In 2010, the office property underwent a multimillion-dollar renovation designed by architectural firm Gensler, which earned it a LEED-EB: OM Silver certification.

 

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