Architecture Firm Inks Flatiron District Sublease
Tobias Salinger Oct. 3, 2014, 1:12 p.m.
Architecture and design firm ODA Architecture has moved north to the Flatiron District through a three-year, 11,666-square-foot lease at the Feil Organization‘s 250 Park Avenue South between 19th Street and 20th Streets, Commercial Observer has learned.
The firm that’s designing both the interiors and exteriors of the 1,193-unit twin Hunter’s Point South towers in Long Island City previously occupied space at 494 Broadway. But the firm has now transitioned to offices with asking rents in the high $50s formerly occupied by Hudson Realty Capital, said Jared Sternberg of the Kaufman Organization.
“250 Park Avenue South is a desirable location for ODA Architecture because the space offered the company the opportunity to be in a move-in ready and functional office with a creative open layout,” Mr. Sternberg said in a prepared statement. “The new space also enhances business growth and development.”
Mr. Sternberg and his Kaufman colleague Howard Rosenblum negotiated on behalf of ODA Architecture, while Eric Zemachson and Chris Mongeluzo of Newmark Grubb Knight Frank represented the original lessee, Hudson Realty Capital. The Feil Organization approved the sublease but didn’t have a representative in the negotiations, Kaufman officials said.
ODA also acted as design architect for a 32-story residential tower at 1800 Park Avenue and as both architect and interior designer of Norway’s National Museum for Art, Architecture and Design in Oslo, according to its website.
Representatives for NGKF didn’t immediately respond to a request for comment.