The company, which has been a tenant in the building for more than 10 years, will continue to occupy the space comprising three full floors in the 138,000-sf building, which is located between Astor Place and Fourth Avenue in the city's NoHo/East Village neighborhood.

Workman was represented in the leasing transaction by Colliers ABR Inc.'s senior managing director Paul Mas and Arthur Nelkin of Nelkin Real Estate Advisors. The landlord, Broadway Wilson Realty, was repped by Jay Casely of First Mark Management.

"This transaction is a good example of how hard landlords will fight to keep a quality tenant," explains Mas. "The company has nearly 40% of the building and several competing landlords made compelling proposals to have Workman as their tenant. But in the end, the company decided to remain in an excellent location just steps away from New York University and some of Manhattan's finest entertainment, shopping and restaurants."

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