Renovation and Repositioning

smith9th-art-1

Subway Stop at Smith and 9th Streets in Brooklyn Reopens to the Delight of Most, Frustration of Others

In an age where the term “new subway” is something of an oxymoron in New York City, the world’s tallest subway station is back in sparkling action today at Smith and 9th Streets in Brooklyn after a two-year hiatus and $32 million renovation.

The reopening of the station and a makeover — highlighted by shiny metal, crisp blue tiles, florescent lights and a maritime theme — elated most of the roughly 4,763 daily commuters who were cut off from the station when it was shuttered in May 2011.

“I’m so excited for this train station right now,” one subway rider told NY1, while another rejoiced, adding, “The nightmare is over.” Read More

Lease Beat

125 Broad Street

Holwell Shuster & Goldberg Takes 35,681 Feet at 125 Broad Street

Law firm Holwell Shuster & Goldberg LLP has signed a 35,681-square-foot, three-year lease at 125 Broad Street – in a space that fits the firm like a glove.

The firm took the entire 39th floor of the building, which features sweeping views of the Statue of Liberty and New York Harbor and was subleased from international law firm Sedgwick LLP, which moved out and recently moved into its new space at the World Financial Center, sources tell The Commercial Observer.

“Holwell Shuster & Goldberg is a relatively new law firm that is growing very quickly and expects to continue growing very quickly,” said L. Craig Lemle, a senior managing director at Studley who represented the law firm along with Nick Zarnin. Read More