Tech Beat

View the Space to Launch Mobile Platform

View the Space's Andrew Flint (left), the head of business development, and Ryan Massiello, the chief revenue officer with the new mobile app on his phone

Commercial real estate leasing startup View the Space is preparing to introduce a mobile reporting platform, Commercial Observer has learned.

Next week, the real-time data provider, which aims to streamline the leasing process for brokers and landlords, will introduce the mobile platform for iPhone and iPad after beta testing the product for the last couple of weeks. Read More

Lease Beat

Nonprofit Publishing House Moves to 120 Wall Street

120 Wall Street

The New Press, a not-for-profit publishing house, has signed an 8,149-square-foot lease on the 31st floor of Silverstein Properties120 Wall Street.

When reached for comment, a representative of The New Press confirmed the relocation, adding that the publisher moved to 120 Wall Street from 38 Greene Street in Soho in mid-December. Silverstein Properties also confirmed the lease. Read More

Lease Beat

Nonprofit Signs For 14,567 SF at 120 Wall, Utilizes New Incentive Program

120 Wall Street

The Commercial Observer has learned that Concepts of Independence inked a 14,567-square-foot relocation deal at 120 Wall Street, cementing the Silverstein Properties-owned building’s reputation as a base for nonprofits.

The tenant will move from the 10th floor to part of the ninth in the 15-year transaction. Marc R. Shapses, Nancy Weinstein and Joseph Messina of Studley represented Concepts of Independence, a 40-year-old organization that assists disabled individuals. Roger Silverstein represented the landlord in-house. Asking rent was $38 a foot. Read More

Lease Beat

Nonprofit Consolidates Four Offices Into 41,000-SF at 120 Wall Street

120 Wall Street

The non-profit AFS-USA (formerly the American Field Service) will consolidate 180 employees from across the country in a new Financial District headquarters after signing a 15-year, 41,000-square-foot lease at 120 Wall Street.

Alan Desino of Colliers international represented the tenant. Roger Silverstein and Joe Artusa represented the landlord, Silverstein Properties, in-house.  Read More

Lease Beat

Nonprofit Relocates to 120 Wall Street

120_wall_street_2

The American Institute of Chemical Engineers has signed a long-term, 16,506-square-foot lease at Silverstein Properties120 Wall Street, it was announced today.

“After a two-year search of both Midtown South and Downtown, which included inspections of over 50 properties, AIChE elected to relocate to 120 Wall Street, one of the few buildings to provide an incentive program for not-for-profits,” said Leon Manoff, vice chairman at Colliers International, who represented the tenant, in a prepared statement. Read More

Lease Beat

YMCA Retirement Fund Leases 52,000 Square Feet at 120 Broadway

120 Broadway

The YMCA Retirement Fund signed a 15-year, 52,000-square-foot lease at Silverstein Properties120 Broadway, The Commercial Observer has learned.

Roger A. Silverstein and Joseph Artusa of Silverstein Properties represented the landlord. Robert D. Goodman of Colliers International represented the tenant. Asking rent was $38 per square foot.

The non-profit tenant will relocate to the full 19th floor of 120 Broadway from 48,000 square feet at 140 Broadway, which it leased in 1999 when Silverstein owned that property. Silverstein sold 140 Broadway in 2004. Read More

The Sit-Down

Marketing the World: Silverstein Properties’ Jeremy Moss on Leasing the Country’s Most Conspicuous Building Complex

(Credit: Darcy Rogers)

Before Jeremy Moss, senior vice president of leasing at Silverstein Properties, joined the firm four and a half years ago, he spent eight years working at Forest City Ratner, a tenure that culminated in a role managing the leasing of the office space at the New York Times building. He called working alongside Bruce Ratner Read More

Controversies

Campaign Finance Analysis Shows Real Estate Execs Buttering Up Multiple Mayoral Candidates: Daily News

Ms. Quinn has emerged as the clear favorite in terms of overall contributions from the real estate industry, having received $1.3 million

Did you ever uncover that your grandmother had numerous “favorite” grandchildren, or that your brother or sister was earning a bigger allowance?

If so, you might have felt like the city’s mayoral candidates as they come to realize that they might not be so special in the eyes of some real estate executives.

An article published in the New York Daily News shows that some real estate executives are throwing cash at more than one mayoral candidate in what critics believe is an attempt to butter up the next mayor – whoever it may be – to better suit their interests.

“Critics say it’s proof that some donors are not supporting a vision for the city — they just want a sympathetic ear from whoever wins,” the report stated. Read More

Post-Tropical Storm Sandy

Silverstein Properties Reopens 120 Wall

120 Wall Street (Credit: Silverstein Properties)

Silverstein Properties reopened 120 Wall Street Wednesday morning for the first time since Hurricane Sandy flooded the 600,000-square-foot building’s basement and damaged electrical distribution equipment.

The company pumped more than one million gallons of water out from the building’s basement and removed contaminants before methodically checking all base systems to get them back up and running, Jeremy Moss, the firm’s vice president of leasing told The Commercial Observer.

“Since the storm we’ve been working around the clock to get the building up and running and to bring tenants back – we succeeded this morning at 8 a.m,” Mr. Moss said. Read More

Power Broker

Can Larry Silverstein’s Heir Apparent, Marty Burger, Rise to the Occasion?

Marty Burger

During a ski trip to Colorado several months ago, Michael May, an executive at Cantor Fitzgerald, remembers his eagerness to hit the slopes. He rose at the crack of dawn and found his friend Marty Burger, who had organized the trip, waiting in the lodge with the same idea in mind.

Traveling with a large group of executives, they skied all day. Mr. May remembers being exhausted, but Mr. Burger convinced him to join him and few others for some indoor tennis back at the hotel. A couple of games, at Mr. Burger’s urging, turned into a couple of sets. Read More