The ownership group is embarking on an ambitious capital improvement campaign for both buildings located on Seventh Avenue between West 37th and West 38th streets, which together total approximately 1.1 million square feet, with 400,000 square feet of space currently available for lease. The capital improvements program includes infrastructure and cosmetic upgrades to the elevators, HVAC system, and retail facade, with the lobbies being completely updated with glass and metal finishes. Construction is expected to commence by the third quarter of 2017. Spivak Architects designed the upgrades.

BOSTON—Equity Office Properties has promoted Brenda Haraldstad to the role of vice president – regional finance. In her new role she will oversee all portfolio financials for the eastern U.S.

Haraldstad has more than 20 years of experience in commercial real estate accounting and finance, 15 years of which have been spent at Equity. Prior to her new role, she served the past six years as director of regional finance f where she was responsible for the accurate and timely management of the regional finance operations and provided monthly and quarterly analyses.

NEW YORK CITY— Newmark Knight Frank has been awarded the exclusive agency for the leasing of 85 Broad St., the 1.1-million-square-foot former Goldman Sachs headquarters located at the corner of Broad and Stone streets in Manhattan's Financial District.

EVP and managing director Hal Stein, executive managing director Andrew M. Peretz, managing director Todd Stracci and senior managing director Ben Shapiro are handling the assignment on behalf of the new ownership Ivanhoé Cambridge and partner Callahan Capital Properties.

Built in 1983, 85 Broad St., a Class-A, 30-story office building, was recently transformed into a property that offers innovative workspaces. These amenities include an upgraded lobby, a new, 14,000-square-foot wellness center, a high-end Le Pain Quotidien, a 125-seat cafeteria, a conference center, 77-space bike room with repair center, and open, column-free floor plates with views.

NEW YORK CITY—Cushman & Wakefield has been retained on an exclusive basis to sell a mixed-use property at 44 Carmine St. Located on the South side of Carmine Street between Bedford and Bleecker Streets in Manhattan's West Village neighborhood. The asking price has been set at $6.95 million

44 Carmine St.

A Cushman & Wakefield brokerage team led by vice chairman James Nelson and director David Shalom are exclusively marketing the property.

The four-story walk-up, 3,419-square-foot building is comprised of four residential apartments and one retail space on the ground floor. Heirloom Woods, a purveyor of high-end wood, occupies the ground-floor retail space through October 2025.

PARSIPPANY, NJ—NAI James E. Hanson, a leading New Jersey-based full-service commercial real estate firm, announced that Ken Fioretti has rejoined its Parsippany office as a sales associate. Fioretti brings nearly 15 years of commercial real estate experience to his role and will focus on sales and leasing in the northern New Jersey retail market.

Previously, Fioretti was a sales associate with NAI James E. Hanson before taking a position as director of acquisitions & development with PMG Retail in 2015. At PMG Retail, he was responsible for overseeing the acquisition team and identifying target expansion markets for new developments and generating marketing programs for the retail and brokerage communities. In addition, Fioretti currently serves as principal and chief technology officer of MarkertView Solutions. He was previously a VP of commercial leasing at Edgewood Properties, Inc. and a VP of marketing and leasing at Crossroads Cos.

DEAL TRACKER DAILY

NEW YORK CITY—TD Bank has leased 3,915-square feet at 90 Fifth Ave., a newly repositioned, 140,000-square-foot office building located in the heart of Midtown South

Jordan S. Claffey, EVP of RFR Retail handled the negotiations directly with the tenant. "TD Bank is a tremendous tenant, and we're thrilled to restructure our lease agreement at 90 Fifth Avenue," Claffey said. "By relocating to the inline portion of Fifth Avenue, we've created an exceptional retail corner opportunity."

NEW YORK CITY—The William Kaufman Organization reported that three companies have signed long-term leases and expansions at its 437 Madison Ave. building totaling approximately 35,682 square feet.

In the largest transaction, Munich American Reassurance Co. is opening a new U.S. life office at the 40-story, 850,000 square-foot property in the heart of Midtown East. The reinsurer's new 10-year, 18,650 square-foot lease encompasses the entire 26th floor of the property. The company is currently located at 1177 Avenue of the Americas and expects to take occupancy in the fourth quarter of 2017.

Also signing on at the property is investment firm Eos Management, L.P., which has taken a seven-year, 9,576 square-foot lease on a portion of the 14th floor of the building. It plans to move from 320 Park Ave. to the building in the third quarter of 2017. In addition, law firm Montgomery McCracken Walker & Rhoads LLP is expanding by 7,458 square feet in the building. In total, the firm will now occupy 35,755 square feet spanning the entire 23rd and 24th floors.

STAMFORD, CT—O'Shaughnessy Asset Management, LLC has renewed its long-term lease at 6 Suburban Ave. in Stamford. Colliers International Group Inc. orchestrated the 12,000-square-foot transaction at the distinctive manor-style, brick-clad office building.

6 Suburban Ave.

A quantitative money management firm, O'Shaughnessy Asset Management maintains its headquarters on two floors of office space at 6 Suburban Ave. The firm also occupies the property's lower level, which is fit out with a television studio, and fitness area with locker rooms, sauna, two bathrooms, exercise rooms and a server room.

Colliers' Jeffrey Williams and Hollis Pugh, based at the global commercial real estate services firm's Stamford office, represented the property's ownership, Six Suburban Avenue LLC, in negotiating the renewal. Williams also brokered a previous renewal, as well as the initial O'Shaughnessy Asset Management lease at the property in 2007.

NEW YORK CITY—Six months after ATCO Properties & Management finalized its multi-million dollar acquisition of 240-246 West 35th St., three companies have signed long-term leases and renewals totaling approximately 22,898 square feet at the 18-story Class A property in the Garment District.

In the largest transaction, telecommunications company Fidelus Technologies, LLC is extending its 11,070-square-foot lease for the entire sixth floor for an additional five years. The firm, which specializes in Microsoft and Cisco solutions, has been located at the property since 2003. Barry Zeller of Cushman & Wakefield and Mitchel Kunikoff and Mo Dweck of Lee & Associates represented the tenant in the transaction, while John Cinosky and Jarad Winter of ATCO Brokerage Services represented ownership in-house.

Also renewing is Cablevision-owned media group Newsday LLC, which has taken a 10-year, 10,100 square-foot lease on a portion of the ninth floor. The space houses the offices of amNewYork. Greg Kraut of K Property Group and Frank Pagano of Avison Young represented the tenant in the long-term transaction, while William Cohen and Andrew Weisz of Newmark Knight Frank represented the landlord.

Northstar Business Enterprises, LLC, the publisher of The Source, a rap and hip-hop magazine, and Jones Magazine, has signed a new 1,728 square-foot lease comprising a portion of the fourth floor. William J. McCollum of Prime Manhattan Realty represented the tenant in the transaction, while Cinosky and Winter of ATCO Brokerage Services represented ownership in-house. Asking rents were $56-per-square-foot in all three transactions, ATCO reported.

MONEY MOVES

BOSTON, MA—Holliday Fenoglio Fowler, L.P. has arranged $180 million in financing for One Congress St. and the Government Center Garage, an 11-story mixed-use asset in Boston comprising a 1,960-space parking garage with 202,854 square feet of office space and 23,212 square feet of retail space.