Construction

Brookfield Inks Anchor Tenant for 1 Manhattan West

A rendering of 1 Manhattan West (Photo courtesy: Brookfield).

Brookfield Property Partners has signed an anchor tenant to its 2.1-million-square-foot office tower, 1 Manhattan West, the developer announced today.

Law firm Skadden, Arps, Slate, Meagher & Flom has signed a 20-year lease for 550,000 square feet in the building, at the corner of West 33rd Street and Ninth Avenue, which is part of Brookfield’s Manhattan West development. Skadden will take up the 28th to 43rd floors of the 67-story tower, according to Brookfield. The firm’s current office is at 4 Times Square. Read More

Lease Beat

Macy’s Expands, Renews For A Total 197,000 Square Feet At 1440 Broadway

1440broadwayext-med

Monday Properties announced the 31,700-square-feet expansion of Macy’s, Inc. at 1440 Broadway, the building Monday Properties owns and operates on the southern fringe of Times Square at 40th Street.

It was the storied 150-year old retailer’s third expansion in two years at the 25-floor office building, and gave it full occupancy of the 10th floor, which Advance Magazine Publishers had  subleased to Skadden Arps since 2006. CBRE Vice Chairmen Scott Gottlieb and Michael Laginestra represented the tenant, while Monday Properties Director Jordan Berger represented the owner. Read More

The Number Cruncher: The JLL Powerhouse on Her BBC Deal

Lisa Kiell has inked deals for Cisco Systems, Microsoft and BBC

When the British Broadcasting Corporation began its search for new office space for the executive and sales staff in Manhattan last year, its focus was on finding space that had a newsroom feel, free of the labyrinthine private offices and barriers so common among law firms, doctors’ offices and corporate accounting firms.

Like the bullpen made famous by Mayor Bloomberg, the company envisioned a Manhattan office with open space that would inspire transparency and collaboration while eschewing privacy. Read More