The Real Deal New York

100 Church signs first large tenant in 5 years

July 27, 2010 09:00AM

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100 Church Street (source: PropertyShark)

A non-profit healthcare provider has moved in at 100 Church Street,
becoming the first large new tenant in years to sign a lease at the
Lower Manhattan office building, according to the New York Post.
Commercial real estate firm SL Green took control of the building from
Alex Sapir six months ago,
after the company defaulted on its loan last August. The new tenant,
Healthfirst, will take 172,000 square feet of space at the building,
which has been approximately 50 percent vacant for five years. While
it’s unclear how much Healthfirst will pay, the asking price on the
space was $40 per square foot. [Post, 1st item]

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