Financial Services Firm Takes 11K SF at 810 Seventh Avenue
By Chava Gourarie May 20, 2019 12:02 pmreprints
Century Consulting Services, a financial services firm, has tripled its Manhattan footprint with an 11,278-square-foot sublease in Midtown.
The financial services firm is relocating to SL Green (SLG) Realty Corp.’s 810 Seventh Avenue, where it will occupy half of the 12th floor. Century is subleasing from Murex North America, which is itself subleasing two full floors from Sidley Austin law firm.
Alex Cohen and Elana Streim of Compass represented the tenant, while Dennis Karr and John Lizzul from Newmark (NMRK) Knight Frank represented Nurex.
The lease has a 30-month term and offers the tenant an opportunity for expansion, seeing as the remaining space on the floor is vacant, according to Compass’ Cohen.
“It was really important for [Century] to move quickly because they were outgrowing their old space,” Cohen said.
Jeff Horowitz, a principal at Century, said the company grew from 18 to 71 employees in the space of 18 months, and their 2,000-square-foot space was not enough to hold them all. “We were overflowing into WeWork spaces to contain them,” he said.
Century signed the lease in April, and has already completed the move into the 41-story office building, located between West 52nd and West 53rd Streets.
Asking rent at the property was $45, according to Cohen.