“Central Perimeter continues to be a magnet for corporate headquarters with job creation and therefore investor interest," says Cushman & Wakefield's Mike Kemether.
The settlement stems from the New York State Attorney General's civil case that alleged landlord Steven Croman harassed and forced rent-regulated tenants out of their homes.
Since announcing its renovation plans for the 42-story, 1.2-million-square-foot office tower last year, Fisher Brothers has now secured approximately 230,000 square feet of new leases and renewals at the Plaza District tower.