Lipsky Goodkin & Co. Renews 10,093-SF Lease at Tower 45
By Billy Gray December 12, 2013 12:59 pm
reprintsThe accounting firm Lipsky Goodkin & Co. renewed its 10,093-square-foot lease at 120 West 45th Street (aka Tower 45), The Commercial Observer has learned.
Scott Weiss of Studley represented the tenant. An in-house team represented the landlord, SL Green (SLG).
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“We are delighted that Lipsky Goodkin has chosen to retain its headquarters at our building,” Steven Durels, an executive vice president and director of leasing at SL Green, said in a prepared statement, “This lease follows on the heels of Proctor & Gamble Hair Care’s new lease which signed last week covering 10,093-square-foot for the entire third floor of the building. Leasing momentum has been robust after our recent building-wide redevelopment.”
LG&C will continue to fill the entire 7th floor of the 397,188-square-foot, 40-story office tower. Recent upgrade at the Midtown property have included the construction of an outdoor plaza complete with a water wall and light sculpture suspended above it, a new lobby and updated elevator cabs.
Those improvements certainly seem to have helped leasing activity. World Business Lenders LLC signed a 23,406-square-foot lease in the building in July. Mutual fund sponsor Aquila Management inked an 8,032-square-foot relocation deal at Tower 45 back in September.
Finally, P&G Hair Care signed a 10-year, 10,903-square-foot lease in the building late last month.