Luxury watchmaker Bulova has agreed to take a full floor at the Empire State Building, a deal that will see its staff move from its current location in Queens.
The company signed a 15-year lease for 33,214 square feet on the 29th floor of the iconic office building, the New York Post reported. Asking rent for the space was $60 per square foot. Bulova currently works out of a 90,000-square-foot building at 1 Bulova Avenue in Queens’ Woodside neighborhood.
“We were looking for a really unique opportunity to create a collaborative, design-oriented, vibrant workplace for the executives, marketing and new design staff that were added by the new management team over the last few years,” Deborah van der Heyden, Bulova’s broker at JLL, told the Post.
Paul Ferraro of JLL also represented Bulova. In-house staff Ryan Kass and Fred Posniak represented the Empire State Building with the help of William Cohen, Jonathan Tootell and Shanae Ursini of Newmark Grubb Knight Frank, according to the Post. [NYP] – Tom DiChristopher