Lease Beat

Jacobs Asset Management Renews, Expands at 11 East 26th Street

Jacobs Asset Management has signed a six-year-four-month renewal and expansion at 11 East 26th Street, Commercial Observer has learned.

The financial services firm has renewed its existing 3,865-square-foot space on the 19th floor and expanded into a newly vacant and contiguous 2,137-square-foot space. Jacobs Asset Management has been a tenant in the building since 2010 and now occupies approximately half of the 19th floor.

11 East 26th Street

11 East 26th Street

James Buslik, principal at Adams & Co., represented both the tenant and the landlord, East Twenty Sixth Associates. Asking rent was $55 per square foot.

As reported by Commercial Observer, audio services firm Headroom Digital renewed its 6,070-square-foot lease on the remaining portion of the 19th floor earlier this year. Last fall, Exemplis Corp. signed a 2,216-square-foot lease for showroom space at the building.

The 21-story, 217,991-square-foot building also includes space rented by Regency InternationalTurner & Townsend Ferzan Robbins and The Museum of Mathematics.

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