Sister companies Aerotek and TEKsystems have signed 10-year leases for 13,551 square feet and 15,115 square feet, respectively, at RFR Realty’s 757 Third Avenue, it was announced today. Asking rents at the property range from the low $50s to low $60s per square foot and the total value of the transaction is over $16 million, according to a press release.
“The RFR team always works hard to provide the best services and amenities that attract and retain the best quality tenants,” said Aby Rosen, co-founder and principal at RFR, in a prepared statement. “That’s the secret of our success here and throughout the RFR portfolio.”
The Luxembourg-based facility manager and business support system Regus will open a new location downtown. The company operates more than 1,400 locations around the world with nearly 60 in the city.
With a lease duration of 10 years, Regus’ latest office boasts 32,000 square feet at 101 Sixth Avenue, an Edward J. Minskoff Equities asset north of Canal Street with steep asking rents of $75 per square foot.
Rosenbaum & Rosenbaum has signed a deal for an office in the Financial District, it was announced.
The personal injury law firm will be taking a 3,822-square-feet office on the 15th floor of Savanna-owned 100 Wall Street. The firm represents clients throughout the city and the metropolitan area on personal injury, medical malpractice and product Read More
Alexander Chudnoff, a commercial leasing broker who takes pride in strengthening relationships with clients through “impeccable service,” was especially busy in the aftermath of Hurricane Sandy.
The Jones Lang LaSalle executive managing director was dividing his time last week between volunteer efforts in the Rockaways, where he provided hot pizza and coffee to storm victims, and getting on the phone to make sure his Downtown Manhattan clients could stay open. Though it was a difficult time, the activity of making connections was just what attracted Mr. Chudnoff to the business in the first place.
“I love to make calls. I love to canvass,” he said. “I like to develop the relationship.”
In some cases, the storm required short-term arrangements, such as lining up space with other clients or in Jones Lang’s own offices, he said. In others, clients were able to proceed with minimal disruption, as when Dentsu Holdings USA returned to work at 32 Avenue of the Americas when Rudin Management opened the building the Monday after the storm.
After several years of being affiliated with the building, real estate private equity firm Savanna has acquired a controlling interest in 2 Rector Street, The Commercial Observer has learned exclusively.
Savanna acquired a portion of the first mortgage at a discount in 2007 and then in 2010 provided a mezzanine loan and worked with owner Stellar Management to recap the building.
Jump Trading has signed a nearly 20,000-square-foot lease at 15 East 26th Street the building’s landlord Savanna announced.
The company will take the property’s entire third floor for 11 years. Asking rents for the space were $55 per square foot.
The Council of State Governments has expanded its lease at Savanna’s 100 Wall Street.
“The superior light and air, efficient floor plates, quality of existing tenancy as well as the high quality of Savanna prebuilt space attracted them to 100 Wall Street,” noted Kevin Hoo, vice president of Savanna, about their initial appeal to the Read More
Since joining Jones Lang LaSalle in 2002 as president of New York operations, Peter Riguardi has spearheaded a rapid expansion drive that has culminated in the hiring of no fewer than 100 new brokers over the past nine years. Mr. Riguardi, 50, spoke to The Commercial Observer last week about that ambitious hiring phase, the firm’s leasing assignment at 85 Broad Street and, for the first time, his plans to move the firm to 330 Madison Avenue.