Lease Beat

Colliers International Arranges Two Law Firm Leases

Several law firms are moving offices in leases arranged by Colliers International.

Brandt Steinberg & Lewis will move from 386 Park Avenue South, which William Macklowe agreed to buy this summer for what Crain’s reported was between $110 and $120 million from a Savanna and Monday Properties joint venture. The firm will move to Steinberg & Pokoik Management’s 1430 Broadway.

pic view2 Colliers International Arranges Two Law Firm Leases

1430 Broadway.

The law firm’s lease at the building is for a period of ten years and for nearly 9,000 square feet on the sixth floor.

“After an extensive search, Brandt Steinberg & Lewis was extremely pleased to relocate their Manhattan operations to 1430 Broadway,” said Ted Rotante, an executive managing director in the New York office of Colliers International. Mr. Rotante represented the firm, along with colleague and Vice Chairman James Emden. “They wanted to move to well-located, move-in ready space with good ownership.” Mr. Rotante added that Steinberg & Pokoik has agreed to build-out the space to suit the firm.

Newmark Grubb Knight Frank’s Ken Kronstadt and Ricky Kramer represented the landlord in the deal.

Colliers International also recently represented Richards Kibbe & Orbe in subletting 15,173 square feet of unused space to Build America Mutual on the 27th floor of Brookfield Office Properties’ 1 World Financial Center. Build America Mutual is a new mutual insurance company.

Ted Rotante represented the law firm with colleague James Marcellino, while Cushman & Wakefield’s Melissa Bazaar repped the subtenant.

cgaines@observer.com

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