Lease Beat

Western Union Signs Direct Deal for its Space at 199 Water

199 Water Street

Western Union, which currently leases a 29th floor space at 199 Water Street as a subtenant of Wells Fargo, will now lease it directly from landlord Jack Resnick & Sons, Commercial Observer has learned. 

The worldwide global payment services company’s new 10-year direct lease of 20,689 square feet in the 1.1 million-square-foot lower Manhattan building will start on Jan. 1. Asking rents were in the high $40s per square foot. Read More

Lease Beat

Allied World Assurance Company Renews at 199 Water Street

Courtesy of structurae.de.

Allied World AssuranceCompany has renewed and expanded  its lease in lower Manhattan.

The subsidiary of the Swiss-based Allied World Assurance Company will continue to operate its New York office out of the Jack Resnick & Sons-owned 199 Water Street, otherwise known as One Seaport Plaza. The deal changes its its sub-lease on the 24th and 25th floors to a direct lease at the beginning of 2015 and adds the 23rd and 26th floor, totaling 143,297-square-foot in the building.  Read More

Lease Beat

BMCC Inks Long-Term Renewal at 255 Greenwich Street

255 Greenwich Street

The Borough of Manhattan Community College has signed a 20-year, 167,027-square-foot renewal at Jack Resnick & Sons255 Greenwich Street.

The school, part of the City University of New York system, has been a tenant in the building for a decade and will remain on the entire second and entire 10th through 14th floors.

Read More

Lease Beat

Fairway Continues Expansion, Inks in FiDi

255 Greenwich Street

The regional chain Fairway is opening a store in downtown Manhattan.

The 52,242-square-foot retail space at 255 Greenwich Street will be the home of the company’s sixth location in Manhattan and first below 14th Street. Fairway has recently been in expansion mode and has taken an anchor tenancy at Hudson Yards on the Far West Side, slated to open in 2015. Read More

Lease Beat

Epsilon Lease Brings 199 Water Street to Full Occupany Post-Sandy

199 Water Street

In a major sign of 199 Water Street‘s post-Sandy comeback, Epsilon Data Management signed a 34,792-square-foot lease at the building otherwise known as One Seaport Plaza, bringing the Financial District tower to full occupancy.

Steven Bellwood and John Boyle of Cassidy Turley represented the tenant in the 13-year lease signing. John Cefaly, Robert Constable and Andrew Peretz of Cushman & Wakefield were joined by in-house brokers Brett Greenberg and Dennis Brady in representing the landlord, Jack Resnick & Sons. Read More

Lease Beat

199 Water Street Approaches Full Occupancy Post-Sandy

Two leases announced last week have brought 199 Water Street, which was battered last year by Hurricane Sandy, to 97 percent occupancy, with just the 34,792-square-foot 15th floor available at the 1.1-million-square-foot Jack Resnick & Sons property.

The largest of the transactions was NYCHSRO/MedReview Inc.’s 10-year lease for the entire 36,985-square-foot 27th floor. The tenant, a nonprofit medical organization, has been a longtime subtenant in the building but recently signed a direct lease, effective January 1, 2015.

In a new lease, The WeissComm Group has secured the entire 35,454-square-foot 14th floor at 199 Water Street. The public relations agency, which specializes in the healthcare, consumer products and biotech industries, will be relocating downtown from 114 Fifth Avenue. Read More

Assignments

C&W Tapped as Exclusive Leasing Agent for 199 Water Street

one_seaport_pic_1

Jack Resnick & Sons has selected Cushman & Wakefield as the exclusive leasing agent for One Seaport Plaza at 199 Water Street, it was announced today.

A C&W team comprised of John Cefaly, Andrew Peretz, Robert Constable, Gregory Scott, Joseph Harkins and Courtney Adham will work alongside Resnick’s leasing team, led by Brett Greenberg and Dennis Brady. Read More

Hudson Square

Hip To Be Square: Only Thing Slowing Leasing Activity in Hudson Square is Lack of Space

350hudson

Perhaps better known as the gateway to the Holland Tunnel, the burgeoning Midtown South submarket Hudson Square has, in recent years, begun to attract the type of creative tenants that in previous years flocked to neighboring Chelsea and NoMad.

Dominated largely by Trinity Real Estate, with its centuries-old real estate tradition, the market’s other owners have started to cater their properties to an exciting new breed of tenant, and a neighborhood improvement plan is not far behind. Read More

Lease Beat

TED Opens New Office in Hudson Square

Courtesy of Costar

TED Conferences will be opening a new office in Hudson Square.

Known for thought-provoking conferences, TED will be taking 5,881 square feet on the ground floor of 315 Hudson Street, a building owned by Jack Resnick & Sons. The office will be located across the street from their other office that is approximately 14,000 square feet. The two offices combined bring TED’s presence to 20,000 square feet in Hudson Square. Read More

Lease Beat

City of New York Stays Put at 75 Park Place

75 Park Place.

On the heels of its lease renewal at nearby 100 Church Street, the City of New York has re-upped for 207,812 square feet at 75 Park Place, a 14-story, 625,000-square-foot Jack Resnick & Sons building.

The space the city renewed for is used by the Office of Management and Budget, the Office of the Actuary Read More