Real Estate Weekly
Image default
Deals & Dealmakers Featured

Wireless infrastructure co. takes 32,000 s/f at 1400 Broadway

Wireless infrastructure company Transit Wireless has signed a full-floor 32,499 s/f lease at 1400 Broadway.

The company is relocating from 24,000 s/f at 1350 Broadway expanding after a year of working with agencies including the MTA to expand communications infrastructure to large-scale transit systems across the globe.

In November, the company finished bringing cellular voice and data connections to Verizon customers on the L tunnel under the East River. Working with the MTA, Transit Wireless created full connectivity so that Verizon customers are now able to use their phones and other devices between 1 Ave. and Bedford Av on the L Subway line. This makes Verizon the second carrier in the under-river tunnel to receive cellular connectivity after AT&T was connected in September.

1400 Broadway

MTA Construction & Development President Janno Lieber noted, “During the pandemic, we’ve accelerated a range of construction work so customers returning to the system see improvements. We’re continuing to fight for more funding from the federal government so we can maintain the aggressive effort to rehabilitate and modernize the MTA system.”

Michael Gottlieb, Susan Kahaner, Jennifer Ogden and Martin Cottingham of Avison Young represented Transit Wireless in its lease with landlorD, Empire State Realty Trust.  ESRT was represented inhouse by Keith Cody and Shanae Ursini of ESRT, along with Scott J. Klau, Erik S. Harris, and Neil L. Rubin of Newmark Knight Frank.

“With this new, larger space, Transit Wireless expands its commitment to New York City’s recovery,” said Melinda White, chief executive officer of Transit Wireless. “Our new office puts employee safety at the forefront with industry-leading air technology, enhanced social distancing, and safe business practices, as we scale and prepare for future growth.”

(Visited 1 times, 1 visits today)

Related posts

JV to reactivate 76-acre former CA campus

REW

Lincoln Equites sells slice of NJ science campus to BeiGene

REW

BARK brand bites into 52,000 s/f at 120 Broadway

REW