Westchester County
In one of Westchester’s largest office deals so far this year, software provider Allen Systems Group has taken 26,394 square feet in a seven-year lease at the RiverView at Purchase, 287 Bowman Ave. in Purchase, NY. The firm is relocating its New York office, currently at 120 Old Post Rd. in Rye, NY. William V. Cuddy of CB Richard Ellis’ Stamford office represented ASG, while his colleague Timothy C. Donohue spoke for the ownership, Phoenix Capital Partners LLC.
NYU Langone Medical Center’s Department of Orthopaedics has inked a deal for north of 5,000 square feet at the Westchester Medical Pavilion at 311 North St. in White Plains. The space will house NYU Langone’s satellite Westchester location in a relocation from 244 Westchester Ave., also in White Plains. Craig Ruoff of Rakow Commercial Realty Group, the exclusive leasing agent for the Westchester Medical Pavilion, handled the lease transaction.
New York City
Apparel distributor Ben Elias Industries has renewed its lease for the entire 19,000-square-foot 29th floor at W&H Properties’ 1400 Broadway. Paul Davidson and Michael Moorin of Newmark Knight Frank represented Ben Elias, which has been located at 1400 Broadway for the past decade. Their colleagues Brian Waterman, Jonathan Fanuzzi and Michael Frantz represented the landlord.
Columbus Nova, the US-based investment arm of the Renova Group, will stay in Midtown via a 17,284-square-foot lease for the entire 19th floor at 900 Third Ave. It had been sub-subleasing 14,000 square feet at 601 Lexington Ave. The new lease at the 42-story office tower includes a tenant build-out package. Studley’s David Dusek and Brad Wolk represented Columbus Nova in the long-term transaction. Landlord the Paramount Group was represented in-house by Jim Vandervliet and by David Kleiner and Doug Neye of Jones Lang LaSalle.
Executive business center Jay Suites has committed to a full floor of 16,786 square feet in a direct lease at 1370 Broadway. JLL’s Sean Black worked closely with Jay Suites’ Jack Srour, and David Sitt provided in-house representation for building owner Sitt Asset Management.
The Tourist Office of Spain is moving from its current location at 666 Fifth Ave. to the 53rd floor of W&H Properties’ One Grand Central Place. The 15-year, 8,500-square-foot deal completes the leasing of the tower floors at the repositioned property. Owen Hane and John Fitzsimons of Cushman & Wakefield represented the tenant, while the Newmark Knight Frank team of William Cohen, Ryan Kass and Alison Coffey spoke for W&H.
At 1407 Broadway, leasing agent the Kaufman Organization signed a trio of fashion tenants. They included Mokuba New York for 3,067 square feet of office space, Playboy Jeans in a 2,603-square-foot deal that represents its first Manhattan showroom and Buzz Jeans in a 904-square-foot lease of showroom and office space. In the deal for Mokuba, a ribbon and trimming company, Kaufman’s Arthur Spitalnick represented the tenant in the transaction while Grant Greenspan, Michael Heaner and Sommer Scafidi represented landlord the Lightstone Group. Scafidi represented the landlord in the Playboy Jeans deal and both landlord and tenant in the Buzz Jeans lease, while Playboy Jeans was represented by Ari Waldman and Jack Segal of Millennium Realty.
Storage Deluxe has closed on the $10.25-million purchase of two moving and storage buildings at 892 and 908 Atlantic Ave. in Brooklyn, with the intent of redeveloping them into a modern self-storage facility. Financing came from Wells Fargo Bank. Brokers on the deal were Nick Malagisi of Sperry Van Ness and Mark Haley of Marcus & Millichap. Louis Perfetto, Matia S. Nikolovienis and Christine Mulryan of law firm Cohen & Perfetto LLP oversaw the transaction. Gary Rosen Law Firm, P.A. represented sellers Cookie’s Properties and Brothers Mini Storage Inc., while Reed Smith LLP acted as the attorney for Wells Fargo.
Long Island
HR firm Comforce has relocated from two separate buildings in Woodbury to a 37,000-square-foot headquarters space in an 11-year-deal at 999 Stewart Ave. in Bethpage, NY. It marks the first commercial deal signed at 999 Stewart since leasing and managing agent Wachler Knopf Equities began renovations there a year ago. Robert Seidenberg and Ralph Guiffre of CBRE’s Woodbury office negotiated for Comforce; WKE’s Philip Wachtler, represented landlord Sterling Equities.
Boston
Millennium Partners’ 179 Lincoln St. in downtown Boston has just secured a 10,000-square-foot relocation with Yodle, which provides local online advertising services. The rech firm plans to expand its workforce by nearly 80 over the next six to 12 months. Peter Trivelas at UGL Equis represented Yodle. CB Richard Ellis/New England’s David Fitzgerald, Tim Lyne and Tim Howe negotiated the lease on behalf of Millennium.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 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.