Lease Beat

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Lenox Hill Hospital/North Shore-LIJ Renews at 110 East 59th Street

Lenox Hill Hospital/North Shore-Long Island Jewish Health System has signed a 15-year renewal for 70,434 square feet at 110 East 59th Street. Asking rents were in the $70s.

“They had a lease that had a little bit of term left to go, but they want to do some work in the space, so they just wanted to put a little bit more term on the lease,” Dennis Brady, executive managing director at Jack Resnick & Sons, the landlord, told The Commercial Observer. Read More

Hudson Square

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

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

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Univision Renews, Expands at 485 Madison Avenue, Now Fully Occupied

Univision renewed a long-term lease and expanded by 5,500 square feet at 485 Madison Avenue, giving the broadcaster a 21,234-square-foot presence there and pushing the building to 100-percent occupancy.

America’s largest Spanish-language radio company now leases the entire third floor and part of the second floor of the Jack Resnick & Sons-owned building on Madison Avenue at 52nd Street. Dennis P. Brady and Fran Delgorio represented Jack Resnick & Sons in-house. Michael Gottlieb and Martin Cottingham of Avison Young represented the tenant. Read More

Lease Beat

75 Park Place.

City of New York Stays Put at 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

Lease Beat

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Clothier Takes Last Space at Resnick’s 200 Chambers

Swedish retailer Polarn O. Pyret, the elite children’s clothing chain, has signed a lease for its first store in Manhattan. The 32-year-old brand, which has over 130 stores in Europe, leased 2,583 square feet in the last remaining commercial units at the Jack Resnick & Sons-owned 200 Chambers Street in lower Manhattan, brokers involved with the deal said. Read More

Lease Beat

Resnick Flying High on Pharma Lease

110 East 59th Street

We can’t tell if it’s the pre-Lehman asking rents or the prescription pharmaceuticals, but it’s a little dizzying atop Jack Resnick & Sons signature tower abutting Park Avenue.

RP Management, the investment manager for pharmaceutical royalties firm Royalty Pharma, has inked a 10-year lease for 13,284-square-foot on the entire 33rd floor. The firm Read More