Lease Beat

NYC Renews 100,000 SF at Jack Resnick Property in East Harlem

Jack Resnick & Sons' 2322 Third Avenue.

The City of New York has renewed its lease for the entire building, or approximately 100,000 square feet of office space at 2322 Third Avenue between East 126th and East 127th Streets, a property that is owned by Jack Resnick & Sons.

According to a press release issued by the landlord, the city has signed a 20-year renewal deal at the five-story property, which was built by the firm in 1973. Read More

Lease Beat

Marketing Agency Expands at 250 Hudson Street

250 Hudson Street.

Interpublic Group of Companies has signed a lease for an additional 4,011 square feet at Jack Resnick & Sons250 Hudson Street in Hudson Square, bringing the company’s total footprint at the property to over 50,000 square feet.

The company will take the extra space on part of the third floor at the building, the landlord told Commercial Observer, for three years. The property, which has 16 stories and is comprised of 400,000 square feet, sits at the entrance of the Holland Tunnel. Read More


Downtown Developers Are Keeping an Eye On the Water

Adam Goldberg standing next to the AquaFence.

A few days after Superstorm Sandy in 2012 Jonathan Resnick was at 199 Water Street, assessing. “It was the Wild West down there,” he recalled. Eight-million gallons of water; disaster recovery experts randomly handing out cards; building owners and tenants trying to make sense of it all. “There was a real feeling of helplessness. There was nothing to do but stand, arms crossed, watching the water flow.”

After hours of watching, the president of Jack Resnick & Sons began to walk. He walked down South Street to 55 Old Slip to 125 Broad Street, where he encountered John Santora. The CEO of Cushman & Wakefield was doing what everyone else was doing: watching the water. Read More

Lease Beat

Online Ad Company Secures 35K-SF Lease on Hudson Street

315 Hudson Street.

Online advertising company Intent Media is relocating to nearly 35,000 square feet in a Jack Resnick & Sons Hudson Square office building, Commercial Observer has learned.

On Monday, Intent Media signed a four-year, 34,942-square-foot lease comprising a portion of the ninth floor and the entire 10th floor at the nine-story, 481,184-square-foot building at 315 Hudson Street, according to Brett S. Greenberg, a managing director at Jack Resnick & Sons. Mr. Greenberg and Dennis Brady represented the landlord in-house. The asking rent was $50 per square foot. Read More

Green Building

Resnick Completes Third ‘Green Roof’

255 Greenwich

Jack Resnick & Sons has put the finishing touches on a two-level, 20,000-square-foot green roof by FXFOWLE Architects and Rally Restoration at 255 Greenwich Street, Commercial Observer has learned.

The sedum grass plantings atop both a mechanical platform and the 14-story building’s top floor will prevent storm water runoff, help insulate the structure, reduce pollution and greenhouse gas emissions and help cool the 1987 building during summer months. Read More

Lease Beat

Accounting Firm to Relocate to Madison Avenue

485 Madison Avenue

Certified public accounting and advisory firm Janover LLC will relocate and expand its Manhattan footprint in January 2015 through a 10-year, 14,101-square-foot lease at Jack Resnick & Sons485 Madison AvenueCommercial Observer has learned.

The company with over 100 employees and an additional office in Garden City, Long Island will move its Manhattan office three blocks west from 805 Third Avenue into a full-floor space on the ninth story of the building between East 51st and East 52nd Streets, said Harry Krausman, a principal at Cassidy Turley. Read More

Donated Space

Jack Resnick & Sons Donates Space at 315 Hudson to Lower Manhattan Cultural Council

315 Hudson Street

Lower Manhattan Cultural Council’s Workspace Artist Residency Program will enjoy roughly 50,000 square feet of donated space at 315 Hudson Street, thanks to a partnership between the non-profit and real estate group Jack Resnick & Sons.

First reported by the New York Post, the 8th floor of the Hudson Square office building, which has been emptied of tenants, will be converted to meet artists’ needs. This includes constructing 32 studios, meeting rooms, common areas, and a dance floor and rehearsal space. Artists are expected to begin working at the site immediately. Read More

Lease Beat

Nonprofit, Insurance Company Sign Big Seaport Leases

199 Water Street

The nonprofit Center for Reproductive Rights and the Allied World Assurance Company signed new leases for more than 53,000 square feet at Jack Resnick & Sons199 Water Street building, Commercial Observer has learned.

The separate deals will move the advocacy organization into a 36,985-square-foot space for 10 years on the 22nd floor of the 35-story tower by early 2015 and expand the insurance firm’s space by 16,296 feet on the 29th floor for 15 years to a collective 159,593 square feet in the structure that’s adjacent to South Street Seaport. Read More

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

Bevmax Office Centers Signs Lease at 485 Madison


Office space provider Bevmax Office Centers has signed a 10-year, 15,736-square-foot lease at Jack Resnick & Sons485 Madison Avenue.

“The Resnick organization is one of the premier landlords and has a reputation for running extraordinarily well-managed and premier properties,” Rick Feld, the president of Bevmax, told Commercial Observer. “Not every landlord in New York meets that standard.” Read More

Lease Beat

Allied World Assurance Company Renews at 199 Water Street

Courtesy of

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

Universal Music Group Inks Renewal at 1755 Broadway


Despite having five years left on its current lease, Universal Music Group has signed 10-year renewal for its 242,505-square-foot space on floors two through eight at Jack Resnick & Sons1755 Broadway, The Commercial Observer has learned. The music publishing company’s lease agreement for the entire office portion of the mixed-use building now extends through 2028. Read More