Search
 

Consulting Firm Inks 56,000-SF Deal

NEW YORK CITY-A consulting firm will nearly double in size when it moves into its new home at the Hippodrome Building. Huron Consulting commits to a 56,000 sf space in the 700,000-sf site.

By Barbara Jarvie | Updated on January 19, 2006

NEW YORK CITY-Huron Consulting Group signed a 10-year deal for approximately 56,000 sf at 700,000-sf 1120 Ave. of the Americas, also known as the Hippodrome Building. The firm will relocate from its 29,000-sf offices at 1301 Ave. of the Americas.

Huron was represented by Peter Riguardi, president, Lisa Kiell, managing director, and Douglas Neye, vice president, all with Jones Lang LaSalle’s New York office. The owner of the building, 1120 Avenue of the Americas LLC, was represented by Michael Burgio, John Cefaly, Gus Field and Michael Gambino with Cushman & Wakefield Inc. Huron wanted larger offices in a building nearby its current offices “for the convenience of its employees and to be close to its clients,” explains Kiell. “The company chose to move to the Hippodrome Building because it offers an ideal location, the ability to house all Huron employees on one floor, and recent improvements.” Additional leasing details were not released, though asking rents at the site are in the “low $60s” per sf, according to JLL officials.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.