Houston-based law firm Lanier Law Firm will be renewing and expanding its lease in Midtown, brokers told The Commercial Observer.
Currently operating out of a 12,147-square-foot space spanning the entire sixth and seventh floors at 126 East 56th Street, otherwise known as Tower 56, the firm will occupy the eighth floor and increase its foothold to 18,223 square feet. Read More
Cushman & Wakefield represented ownership at 500 Fifth Avenue in a 10,346-square-foot lease renewal to The University of Oxford, completing a string of five recent leases at the building.
The Oxford lease and four other recent leases arranged at the 680,000-square-foot Class-A skyscraper total roughly 20,000 square feet and are reflective of the building’s flexibility, which attracts a range of tenant types and a blend of the old with the new, brokers said.
“They all have a different story,” said C&W’s Harry Blair, who represented 500 Fifth Avenue Inc. with Sean Kearns in the transactions. “500 Fifth Avenue offers tenants a prestigious Midtown Manhattan address combined with high-quality space with plenty of natural light and spectacular views of Bryant Park.” Read More
The Barcelona-based fashion and fragrance company Puig signed a 10-year lease for a 7,240-square-foot penthouse office space at 183 Madison Avenue, The Commercial Observer has learned. A 1,200-square-foot terrace sweetens the deal, which brings the 257,000-square-foot building to 99 percent occupancy just two years after it had been half vacant.
Harry Blair and Sean Kearns of Cushman & Wakefield, along with Gerard Nocera of co-asset manager Herald Square Properties, represented the owner, Inversiones y Representaciones Sociedad Anóma. Mark Weiss and Rob Eisenberg of Newmark Grubb Knight Frank represented the tenant. Asking rent was $75 per square foot. Read More
NuvoTV, the first English-language cable network geared toward bi-cultural Latinos in the United States, is moving its New York office to the fifth floor of 501 Seventh Avenue.
The company has inked a four-year lease on a 5,449-square-foot, pre-built suite with landlord W&H Properties. Asking rent was $48 per square foot. Read More
The Laura and John Arnold Foundation, a Houston-based nonprofit, is set to open an office in New York in September.
Forbes-listed billionaire John Arnold established the foundation to support criminal justice, education, and public accountability. Their latest work includes the ERIN Project, a powerful tool that analyzes K-12 education in the United States.
LJAF has signed Read More
Lankler Siffert & Wohl, a law firm that specializes in civil litigation and white-collar criminal cases, has agreed to renew and expand its lease at 500 Fifth Avenue, growing to a total of 27,872 square feet, The Commercial Observer has learned.
The firm, which has been in the Bryant Park office building for 25 years, renewed its lease for 22,753 square feet on the 33rd and 34th floors of the building while tacking on an additional 5,119 square feet on the 35th floor.
Harry Blair and Sean Kearns, two Cushman & Wakefield brokers who act as the exclusive leasing agents in the building, represented the owner, 500 Fifth Ave. Inc.
Ryan Kass and William Cohen of Newmark Grubb Knight Frank represented Lankler Siffert & Wohl LLP. Messrs. Kass and Cohen were not immediately available for comment. A partner at Lankler Siffert & Wohl did not immediately respond to a request for comment.
The new lease is for 10 years. Average asking rents for the three floors was $69-a-square-foot.
In a statement, Mr. Blair said that Lankler Siffert & Wohl wanted to remain in 500 Fifth Avenue. Read More
Law firm Riker, Danzig, Scherer, Hyland & Perretti has renewed its lease at 500 Fifth Avenue. Cushman & Wakefield represented both tenant and landlord in the renewal, which was for 6,793 square feet—the entirety of the 49th floor.
Executive vice president Gary Greenspan and associate Andrew Weinstein represented the law firm, while senior director Harry Blair and director Sean Kearns represented the landlord, 500 Fifth Avenue Inc. Read More
The 257,000 square foot building at 183 Madison will be the New York home to the California-based Rubicon Project.
The Rubicon Project is one the leading advertising technology companies in the world. Its program and platforms connect buyers and sellers through a real time trading marketplace with a transaction volume upwards of 120 billion.
“The Read More
Blakes, a 150-plus-year-old Canadian law firm with offices across the globe, has renewed its lease at Tower 56 (126 East 56th Street) and will be moving to its own floor in the deal, The Commercial Observer has learned. Read More
Cushman & Wakefield duo Harry Blair and Sean Kearns have been named the exclusive leasing and managing agents for 501 Seventh Avenue, the W&H Properties-owned 18-story office building in the thick of the Midtown South market, it was announced in a press release today. Read More
