7City Learning, Inc., a London-based global financial services training company, has renewed its lease for 7,500 square feet of space at 55 Broad Street in Lower Manhattan. Asking rents at 55 Broad Street are in the mid-$30 range.
Eugene Baumstein of Rudin Mangement, the leasing and managing agent for the property, represented the landlord in the 5-year lease. Oliver Petrovic of Vortex Group represented 7City Learning Inc.
The Rudin Family’s high-tech tower at 55 Broad Street offers 7City Learning the opportunity to remain in close proximity to the Financial District, something that was and still is very important to them, according to Mr. Petrovic.
“After looking at the midtown and downtown markets, we felt we were best off at our current location, particularly since we needed open space with no columns for our classrooms and that’s exactly what 55 Broad Street offered,” said 7City Learning’s U.S. chief operating officer, Charlie Hanover, in a prepared statement earlier this afternoon.
The global training company also has locations in Singapore and Dubai in addition to its New York headquarters at 55 Broad Street. The 30-story, 400,000 square foot office tower was also completely renovated and modernized in 1995 and updated to accommodate a wide range of video conferencing, internet access options and extensive capabilities.
Other notable tenants occupying the space include Starbucks, Polytechnic University and Carnegie Mellon. The building is currently 95 percent leased.