Office owner giant Regus has signed a 40,000-square-foot lease encompassing the entire 24th floor of Brookfield Properties’ 3 World Financial Center, Crain’s reported. Regus will pay rents in the mid-$50s for the 10-year lease. Regus, which has 10 other locations around the city, including space at 254 Park Avenue, is also owned by Brookfield. [more]
Posts Tagged ‘regus group’
With so much of Lower Manhattan’s office space dismantled by Hurricane Sandy, businesses in need of temporary office space fast are shrugging custom built, for “prebuilt” spaces, the Wall Street Journal reported.
Like a furnished apartment, prebuilt offices come with Wifi, phones, printers, desks and even coffee all ready to go. A two-person prebuilt office rents for approximately $1,500 per month, according to the Journal. [more]
Clockwise from top left: Andrew Singer of the Singer & Bassuk Organization, 77 Water Street and Kathleen McSharry of the Singer & Bassuk OrganizationThe 26-story office building 77 Water Street in Lower Manhattan, which is net-leased in its entirety by financial giant Goldman Sachs, was refinanced with a $45 million loan from AXA-Equitable.
The loan was arranged by the Singer & Bassuk Organization on behalf of the building’s owners, the William Kaufman Organization and Travelers Insurance, according to a statement from Singer & Bassuk. The refinancing on the 600,000-square-foot building, located between Gouverneur Lane and William Street, closed Oct. 21, according to Singer & Bassuk CEO Andrew Singer, who negotiated the deal with
senior managing director Kathleen McSharry. – Adam Pincus… [more]