Leases  ·  Office

EDC Inks 220K-SF Lease at One Liberty Plaza


The New York City Economic Development Corporation and the Department of Small Business Services have signed on for five floors of office space at Brookfield Property PartnersOne Liberty Plaza, according to a release from the landlord.

The agencies inked a 20-year, 222,137-square-foot lease on the 10th through 14th floors of the 54-story office tower. The asking rent in the deal wasn’t disclosed.

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Neil L. Goldmacher, Christopher Mongeluzo and Howard Kesseler of Newmark (NMRK)  Knight Frank represented EDC. Brookfield was represented in-house by Mikael Nahmias and by NKF’s David Falk, Pete Shimkin and Hal Stein. A spokesman for NKF didn’t immediately respond to a request for comment.

“Brookfield is excited to welcome the New York City Economic Development Corporation and Department of Small Business Services to One Liberty Plaza,” said David Cheikin, an executive vice president in Brookfield’s New York office division. “Located in the heart of Lower Manhattan, One Liberty Plaza offers unparalleled commuting patterns for employees and access to the best amenities in Lower Manhattan.”

EDC’s lease comes on the heels of several other major tenants leasing space at One Liberty Plaza. Insurance giant Aon expanded its footprint to 237,000 square feet in August, and Business Insider took 88,000 square feet there in June.