GlobeSt.com EXCLUSIVE: Architecture Firm Renews and Expands at 95 University Pl.

NEW YORK CITY-Architecture firm Beyer Blinder Belle Architects & Planners LLP renewed its 20,000-sf lease and signed on for an additional 20,000 sf of expansion space for its headquarters at 95 University Pl. Completed in 1907, 95 University Pl., also known as 41 East 11th St., is an 11-story high-rise office building, located just steps from the Union Square transportation hub.

“They needed more space,” Bruce Surry, EVP of CB Richard Ellis, who negotiated the 10-year transaction on behalf of the architecture firm, tells GlobeSt.com. “They had been subletting space and this reduces the need to sublease.” Surry adds that during a ten-month search process, the firm looked at Downtown and Midtown site, but, in the end, decided to remain in their longtime home. Financial details of the transaction were not released. Beyer Blinder Belle has been a fixture in the Midtown South area for more than 20 years.