Lease Deals of the Week: Michael Kors Keeps 203K SF
The top five leases in New York City from March 4 to March 8
By The Editors March 8, 2024 10:00 am
reprints
This week, Michael Kors topped out the largest lease with its 203,000-square-foot renewal at 11 West 42nd Street. Meanwhile, NYU Langone Health grabbed 105,000 square feet of life sciences space at 45-18 Court Square in Long Island City, Queens, for four of its research programs.
| Tenant | Sq. Feet | Address | Type | Landlord | Brokers | Asset |
|---|---|---|---|---|---|---|
| Michael Kors | 203,000 | 11 West 42nd Street | Renewal | Tishman Speyer and Silverstein Properties | N/A | Office |
| Betterment (subtenant) | 113,000 | 5 Manhattan West | Relocation | Noom (sublandlord) | Sublandlord and subtenant: Cushman & Wakefield's Michael Mathias | Office |
| NYU Langone Health | 105,000 | 45-18 Court Square | New | King Street Properties and GFP Real Estate | N/A | Life Sciences |
| Bedford Stuyvesant New Beginnings Charter School | 51,498 | 217 North 10th Street | New | Laro Development | Landlord: CBRE's Jason Frazier and Jesse de la Rama. Tenant: Norman Bobrow & Company's Josh Berger | Retail |
| National Museum of Mathematics | 27,158 | 225 Fifth Avenue | Relocation | CIM Group | Landlord: Newmark's Peter Whitenack. Tenant: Open Impact Real Estate's Stephen Powers, Lindsay Ornstein, Jake Cinti and Julia Fish | Retail |
| Thirty Madison | 15,440 | 183 Madison Avenue | Relocation | APF Properties | Landlord: CBRE's Sean Kearns. Tenant: Savills' Gabe Marans | Office |
Lease Deals of the Week reflects leases closed or announced from March 4 to March 8. Information on leases can be sent to editorial@commercialobserver.com.
11 West 42nd Street, 183 Madison Avenue, 225 Fifth Avenue, 45-18 Court Square, 5 Manhattan West, 90-10 Ditmars Boulevard, Deals of the Week, APF Properties, CIM Group, GFP Real Estate, King Street Properties, Noom, Silverstein Properties, Tishman Speyer
