Lease Beat

Solil Management Inks 27,500-SF Sublease at 1185 Avenue of the Americas

1185 Avenue of the Americas

Solil Management subleased roughly 27,500 square feet of SL Green‘s 1185 Avenue of the Americas. The company, which manages the late developer Sol Goldman‘s estate, will sublease the entire 10th floor space from oil giant Hess.

Norman Bobrow and David Badner of Norman Bobrow & Company of the eponymous brokerage represented a tenant that was looking for more space than at its home of 24 years at 640 Fifth Avenue. Amy Fox and Stuart Romanoff of Cushman & Wakefield represented the sub-landlord. Read More

Lease Beat

Hart Howerton Renews Lease for New York Headquarters

Courtesy of Wikipedia

The global architecture firm Hart Howerton has renewed its 15,090-square-foot lease in Midtown.

The firm already occupies the entire 39th and 41st floors in the tower of the 48-story Art Deco building, each floor taking up a little more than 7,000 square feet for a total 15,090 square feet. The building also houses the Morocco Consulate and Napa Group, Inc., a long-time tenant of the building. Read More

Lease Beat

Cushman & Wakefield Retained To Market 1710 Broadway As A Midtown South Alternative

1710 Broadway

Cushman & Wakefield has been retained to exclusively market 1710 Broadway, a six-floor office building on the northeast corner of 54th Street that’s in the midst of a major renovation.

The effort comes as the lease of the current major tenant, Bad Boy Entertainment, a record label founded in 1993 by entrepreneur Sean “Diddy” Combs, winds down, sources said.

The 60,000-square-foot space is being marketed mainly to creative firms looking to establish an identity in “one of most active and desirable locations” in Midtown, with Columbus Circle to the north and Times Square to the south, and as a potential alternative to Midtown South, said Cushman & Wakefield Vice Chairman Stuart Romanoff. Read More

The Lobby

C&W Promotes 11 Brokers

Rob Lowe

Cushman & Wakefield promoted a group of top producing leasing dealmakers the company announced this morning.

Eleven brokers were named vice chairmen at the firm, its highest executive title for brokerage professionals.

Michael Burgio, Joseph Cabrera, Samuel Clark, Louis D’Avanzo, Augustus Field, Gary Greenspan, Jay Hruska, Robert Lowe, Stuart Romanoff, Dale Schlather and Fred Smith were the brokers awarded the promotion according to a release issued by C&W. Read More

Barnettiquette

C&W Ramps Up 55 West 46th Street Marketing

Gem Tower

A Cushman & Wakefield team is ramping up marketing efforts for the upper portion of Gary Barnett’s International Gem Tower, the 46th Street office building currently under construction that will have commercial condos in its base and office floors for lease in the tower.

The 34-story building’s rental floors begin on 23 and are about 22,500 square feet apiece. Read More