Lease Beat

Legal Services Firm Inks Direct Garment District Expansion

450 Seventh Avenue

Court recording and legal services firm David Feldman Worldwide will expand from a subleased space at the Kaufman Organization‘s 450 Seventh Avenue through a five-year, 6,550-square-foot lease on the fifth floor of the building that’s one block north of Madison Square Garden between West 34th Street and West 35th Street, Commercial Observer has learned.

The landlords will accommodate the move by combining the company’s current 4,077-square-foot space with an adjacent unit at the building where asking rents run in the $50s. This shows the utility of the asset’s location, said Barbara Raskob, director of leasing for the Kaufman Organization. Read More

Lease Beat

Language Translators Expand in Garment District

450 Seventh Avenue

Language translation service company Morningside Translations expanded its space by an additional 805 square feet to occupy 9,316 square feet in the Kaufman Organization‘s Nelson Building at 450 Seventh Avenue between West 34th Street and West 35th Street, Commercial Observer has learned.

The five-year lease expansion at the building with asking rents in the mid $50s exemplifies a change in the neighborhood surrounding the structure that’s one block north of Madison Square Garden, said Barbara Raskob, the Kaufman Organization’s director of leasing. Read More

Lease Beat

EDM Americas Signs Lease at 450 Seventh Avenue

54120_Kaufman-450 seventh_opt

Document management specialist EDM Americas has signed a 3,135-square-foot lease at 450 Seventh Avenue, Commercial Observer has learned. The Midtown location will be the company’s first New York office.

“The tenant’s space is a very lovely unit with views to the south and east, probably the most desirable views in the building,” said Barbara Raskob of the Kaufman Organization, who represented the landlord. Read More

Lease Beat

Etna Consulting Stays at 450 Seventh Avenue

54120_Kaufman-450 seventh_opt

Etna Consulting Structural Engineering has renewed their lease in Midtown.

The private engineering firm will be relocating within the Kaufman Organization‘s 450 Seventh Avenue.

“[Etna Consulting] was on the 40th floor for a number of years,” explained Barbara Raskob, director of leasing at the Kaufman Organization. “We have a policy of converting floors above 29 Read More

Lease Beat

Morstan General Agency Expands at 450 Seventh Avenue

Morstan General Agency has expanded their presence in Midtown, The Commercial Observerhas learned.

The general insurance agency that provides service to small and mid-size insurance brokers with expediency for certain carriers or risks will be renewing and expanding their office to 3,887 square feet at the Kaufman Organization-owned 450 Seventh Avenue.

“They originally came here Read More