Mundi Westport Group is renewing its lease in Midtown.
The manufacturer and distributor of leather goods for labels such as Mundi, Kenneth Cole, Timberland, Joseph Abboud and Marc New York has added an additional 10 years to its 15,592-square-foot lease at 183 Madison Avenue.
Exponential Interactive has signed an 11,113-square-foot lease for the entire pre-built 11th floor at 292 Madison Avenue.
“This lease is a further testament to the successful re-positioning of the property,” said Gerard Nocera, principal of Herald Square Properties, in a prepared statement. “Madison Avenue south of 42nd Street has become one of the city’s most active hi-tech corridors and our Soho-style pre-built offices are clearly conducive to these new tenant categories.”
Regus announced plans to expand its prebuilt office space footprint in Manhattan with four new locations slated for leasing in the coming year. The Luxembourg-based company has 60 such business centers in the tristate area, 26 of which are in New York City.
New locations include 23,000 square feet at 747 Third Avenue, two floors Read More
Since 2009, Gerard Nocera, Michael Reid and John Monaco have helmed Herald Square Properties, an investment and operating company that has, since launching, provided asset management services for more than 800,000 square feet of office properties in Manhattan. The former COO of SL Green, Mr. Nocera, 54, spoke about the revitalization program at the Lipstick Building at 885 Third Avenue and the company’s efforts to acquire new property.