Lease Deals of the Week: Herrick Feinstein Rearranges at 2 Park Avenue

The top five leases in New York City from June 4 to June 7

By The Editors June 10, 2024 6:00 am

Photo: Getty Images

Last week, the city’s leases were topped by law firm Herrick Feinstein, which rejiggered its footprint at 2 Park Avenue. The company renewed its space on the entire 14th floor and signed a fresh deal for part of the 15th floor, leaving it with 76,849 square feet, about 40 percent less than it previously occupied. Some of that space won’t be empty for long as Corporate Suites was subleasing 25,784 square feet of it and now moved to a direct deal with the landlord.

Tenant	Sq. Feet	Address	Type	Landlord	Brokers	Asset
Herrick Feinstein	76,849	2 Park Avenue	Renewal	Morgan Stanley	Landlord: Cushman & Wakefield's Tara Stacom, Mitchell Arkin, Peter Trivelas and Mike Tranfalia. Tenant: JLL's John Wheeler and Peter Riguardi	Office
Susquehanna International Group	73,735	30 Hudson Yards	Relocation	Warner Bros. Discovery (sublandlord). Related Companies and Allianz	Landlord: Related's Stephen Winter and Elliot Karp. Sublandlord: CBRE's Robert Alexander, Anthony Manginelli, Taylor Callaghan and Ryan Alexander. Tenant: Newmark's Brian Goldman, Ross Perlman and Matthew Lorberbaum	Office
Adafruit Industries	41,531	Industry City	Relocation	Belvedere Capital, Jamestown and Angelo Gordon & Company	Landlord: Industry City's Jeff Fien and Brad Blum. Tenant: Norman Bobrow & Company's Steven Kaplan	Office
Corporate Suites	25,784	2 Park Avenue	New	Morgan Stanley	Landlord: C&W's Tara Stacom, Mitchell Arkin, Peter Trivelas and Mike Tranfalia. Tenant: C&W's Garett Varricchio and Mark Weiss	Office
Room 11 Hospitality	23,000	25 Kent Avenue	New	Rubenstein Partners and Heritage Equity Partners	Landlord: JLL's Sam Seiler and Whitten Morris. Tenant: JLL's Seiler and Joseph Spiala	Office

Lease Deals of the Week reflect leases closed or announced from June 4 to June 7. Information on leases can be sent to editorial@commercialobserver.com.