Lease Beat

Tech Firm Recyclebank Flees West Village for Midtown South With 17,000-SF Lease

151 West 26th Street

The eco-friendly tech company Recyclebank heeded the siren call of Midtown South and signed a five-year, 17,000-square-foot lease at 151 West 26th Street. The firm offers discounts and other rewards to users for efforts they take to go green.

Greg Taubin of Studley represented the tenant, which will relocate to Chelsea from a subleased space at 95 Morton Street in the West Village. Michael Moorin and Allen Gurevich of Newmark Grubb Knight Frank represented the landlord, The Rosen Group. Asking rent was $48 per square foot. Read More

Lease Beat

Manhattan Wardrobe Agrees Renewal at 245 West 29th Street

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Manhattan Wardrobe Supply Inc., has inked a seven-year renewal for a 7,600-square-foot space at 245 West 29th Street, The Commercial Observer has learned. Asking price for vacant space in the building is in the 30s per-square-foot, according to Perry Mesmer, executive managing director at Colliers International, who represented the tenant.

The building at 245 West 29th Street is a 17-floor, 100,000-square-foot building located between Seventh and Eighth avenues.

Colliers International has worked with Manhattan Wardrobe for close to 15 years, Mr. Mesmer said. “I’ve known them for years and they feel comfortable working with me simply because of our past relationship,” he added. Read More