Leases  ·  Office

Bond New York Moving to 17K SF Near Times Square, Takes UES Retail Space


Residential brokerage firm Bond New York has inked a deal to move its Midtown offices to 17,320 square feet near Times Square, the company announced.

Bond signed a six-and-half-year lease to take the entire 39th floor of SL Green Realty Corp.’s 810 Seventh Avenue between West 52nd and West 53rd Streets, The Real Deal first reported. Asking rent was $75 per square feet and Bond plans to move in by the end of the year, a spokeswoman for the firm said.

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“We decided to move our Midtown office location because we outgrew our current office and we wanted to move to a Class-A building,” Noah Freedman, a co-founder of Bond, said in a statement. “While many firms in the industry are announcing closures or relocating to smaller spaces, we are proud that Bond has consistently maintained its stellar New York City presence and grown steadily in the last 18 years.”

Bond currently has 14,000 square feet spread over three floors five blocks away at 1776 Broadway and it will move all of its 250 agents plus the corporate staff to 810 Seventh Avenue. Its new digs will also have separate rental and sales floors and a 1,400-square-foot presentation center, the Bond spokeswoman said.

Cushman & Wakefield (CWK)’s Barry Zeller handled the deal for SL Green (SLG) while Bond represented itself in the lease with Bruno Ricciotti. A spokesman for C&W did not immediately respond to a request for comment.

Other tenants in the 41-story 810 Seventh Avenue include TV station conglomerate Ion Media, consulting firm Berkeley Research Group and wealth manager TAG Associates.

Bond also recently signed a 10-year deal for 5,000 square feet at 324 East 86th Street for a new Upper East Side retail space. It will take over a storefront formerly occupied by a Mattress Firm. Ricciotti represented Bond in the deal while Milsmith‘s Joshua Smith handled it for landlord 324 East 86th Street LLC.