Goldstein Hill & West Architects has expanded by 2,500 square feet at 11 Broadway, bringing the firm’s total occupancy to approximately 11,000 square feet. Asking rents were in the mid-$30s per square foot.
“We love this building and we love this location,” Stephen Hill, partner at GHWA told The Commercial Observer. “We are spoiled with views of the harbor; we wouldn’t want to be anywhere else.”
The firm is supplementing their current offices on 22-story building’s 15th floor with space on the 17th floor. The lease on the 17th floor will run concurrent to the lease for the 15th, which has 9 years remaining.
GHWA intends to increase its staff over time, but in the short term will use the new space to spread out current operations. The firm currently undertaking a buildout of the space, but expects to occupy within 30 days, according to Michael Rouzenrouch of Miyad Realty who represented the tenant.
“Business has been good,” Mr. Hill added. “We want to make sure we are out in front and properly staffed to serve our clients.”
As reported by The Commercial Observer, GHWA signed a 10-year lease for 8,500 square feet at 11 Broadway last year, moving from 4,000 square feet of subleased space at 31 West 27th Street.
Mr. Rouzenrouch and Abe Saks of Miyad Realty represented the tenant in the transaction. Mendy Braun represented the landlord, Braun Management, in-house.
Braun Management declined requests to comment.