search

The Real Deal Logo

Trending

Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aGVA sells Georgetown apartments for $25M in “forced sale” GVA sells Georgetown apartments for $25M in “forced sale” Chen family sues bank, contractor for over $3 billionChen family sues bank, contractor for over $3 billionDavid Werner strikes $115M deal to snap up 100 Wall Street at big discountDavid Werner strikes $115M deal to snap up 100 Wall Street at big discount
New York

Security firm locks in 10-year lease at Starrett-Lehigh Building

Security Industry Specialists taking 11,633 square feet in Chelsea landmark

601 West 26th Street
601 West 26th Street

Security Industry Specialists inked a long-term lease in Chelsea’s  Starrett-Lehigh Building.

Sign Up for the undefined Newsletter

The lease spans 10 years and six months for a 11,633-square-foot spread on the 13th floor of 601 West 26th St.  The rent was in the high $60s per square foot, according to the Wall Street Journal.  After subleasing a space at 575 Broadway for the past two years, the California-based security solutions business will be moving into the 19-story building. Other tenants in the building, which was designated a New York City Landmark in 1986, include Hugo Boss, Under Armour and Martha Stewart.

“It’s not your typical corporate environment, and they wanted to create a more relaxed office environment,” Andrew Margolin of the Kaufman Organization, who represented the tenant in the deal, told the Journal. Denise Rodriguez and Bill Elder represented landlord RXR Realty. [WSJ] — Claire Moses