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least beat

By Billy Gray 12:20pm

least beat

292 Madison Avenue

E-commerce Site Borderfree.com Extends and Expands in 22,226-SF Lease at 292 Madison

E-commerce company Borderfree.com (formerly Fifty-one Global E-Commerce) expanded and extended its lease for a total 22,226 square  at 292 Madison Avenue, The Commercial Observer has learned.

David L. Hoffmann, Jr. and Bryan Boisi of Cassidy Turley represented the tenant. William G. Cohen and Ryan Kass of Newmark Grubb Knight Frank represented the owner, identified as 292 Madison Avenue Leasehold LLC. Asking rent was in the high $40 to mid $50 a foot range, said Michael Reid, a principal at building manager Herald Square Properties. Read More

By Daniel Geiger 8/22/12 7:30am

least beat

Giorgio Armani

Armani Scanning Market for New Space

The fashion house Armani is said to be poking around the market for space.

The company bases its Manhattan offices at 111 Eighth Avenue, an office building owned and largely occupied by Google, but it won’t be able to stay much longer. Google has refused to renew tenants’s leases in the nearly three million-square-foot property in order to clear a path there for its own growth. Read More