NEW YORK CITY—AKF Group LLC has signed a lease for 57,018 square feet at One Liberty Plaza in Lower Manhattan. The engineering firm agreed to have its offices at the Class A, 2.3 million-square-foot office building, which is owned by Brookfield, for 15 years.
The tenant was represented by JLL's Paul Mas and Michael Shenot, managing directors; Ruby Hwang, SVP and Roxanne Tehranian, associate. Brookfield was represented in-house by Jeremiah Larkin, SVP and director of leasing, and Duncan McCuaig, VP of leasing, along with the Newmark Grubb Knight Frank team of David Falk, principal and president of the New York tri-state region; Peter Shimkin, executive managing director; Hal Stein, managing principal and Nick Berger, managing director.
“AKF Group is relocating its entire New York operations from the Times Square district to Lower Manhattan,” says Shenot. “Lower Manhattan continues to attract a diverse range of tenants from outside of the traditional financial services sector. We've seen similar commitments this year from media firms, technology groups and across all business service sectors.”
AKF Group will occupy the entire 44,378-square-foot 22nd floor and a portion of the 23rd floor at One Liberty Plaza, located directly across from the World Trade Center between Liberty and Cortlandt streets. The engineering firm is consolidating its presence Downtown from locations at 1501 Broadway and 330 W. 42nd St. in Midtown.
“AKF Group has always maintained its largest office presence here in the city,” says Paul Bello, president of AKF Group. “We chose to reaffirm our commitment to the revitalization of Lower Manhattan by relocating our New York operations to the area. AKF has been heavily involved in the redevelopment of the 16-acre World Trade Center site since 2006.”
Constructed in 1973, the 54-story One Liberty Plaza was substantially renovated in 2007.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
