The Real Deal New York

Posts Tagged ‘new york city human resources administration’

  • The New York City Human Resources Administration has inked a 20-year lease for 400,000 square feet at a 10-story building at 470 Vanderbilt Avenue in the Fort Greene area of Brooklyn, the New York Times reported, in what is, so far, the biggest real estate deal in Brooklyn in 2011 and brings the building to 85 percent occupancy.

    “The building is huge — an entire city block — and it has basically sat vacant and derelict for years,” said Steven Hurwitz, the vice president of acquisitions and developments at GFI Development, the company that owns the ground lease. It was not immediately clear how this lease fits in with the administration’s previously reported plans to move into 4 World Trade Center.[more]

  • The New York City Human Resources Administration will be moving its staff into 4 World Trade Center in early 2015, GlobeSt. reported. The HRA will take 582,000 square feet on floors 22 to 35 in the 2.3 million-square-foot tower, making it the second largest government tenant there. The agency will be moving out of its current three locations at 180 Water Street, 2 Washington Street and 250 Church Street, according to Connie Ress, deputy commissioner for communications and marketing at HRA.

    Those three current locations total approximately 700,000 square feet, and about 3,000 employees will be making the move. … [more]