NYC’s Top 10 Office Leases | The Real Deal New York

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NYC’s Top 10 Office Leases

February 03, 2016 12:42PM

Top 10 Office Leases in New York City
July 1 - July 31 2016
AddressNeighborhoodSquare FootageTenantTenant brokerage, brokerLandlordLandlord brokerage, broker
220 East 42nd StreetMidtown 64,111 Omnicom GroupFeld Real EstateSL Green RealtyCushman & Wakefield, Tara Stacom, Barry Zeller, Justin Royce, Connor Daugstrup; SL Green Realty, Larry Swiger, Elaine Anazagasty, Krystyn Gatto
156 William StreetFinancial District 54,274 Weill Cornell Medical CollegeCushman & Wakefield, Michael Burgio, John Cefaly, David Berken/aThe Corcoran Group, Paul Wexler, Josef Yadgarov
Empire State BuildingMidtown East 46,573 JCDecauxCBRE, Snezana Anderson, Brad Needleman, Bernhard Weinstabel Empire State Realty TrustEmpire State Realty Trust, Shanae Ursini; JLL, Paul Glickman, Jonathan Fanuzzi, Harley Dalton, Kip Orban, Simon Landmann
22 West 38th StreetGarment District 35,286 KnotelLee & Associates Commercial Real Estate, Mitchell Kunikoff, Dennis Someck, Peter BrausDalan MangementNewmark Grubb Knight Frank, David Emden, William Cohen, JD Cohen
315 Park Avenue SouthGramercy 34,400 Winton Capital ManagementSavills Studley, Evan Margolin, Lance LeightonColumbia Property TrustL&L Holding, Andrew Wiener, David Young
115 Seventh AvenueChelsea 25,845 Sosan/aAshkenazy AcquisitionAshkenazy Acquisition, Daniel Iwanicki, Brandon Hoffman
180-182 3rd Avenue (Brooklyn)Gowanus 24,000 Utechn/aElo RealtyElo Realty, Jack Elo
1221 Sixth AvenueTimes Square 22,672 Tokio Marine ManagementJLL, Peter Riguardi, Cynthia Wasserberger, Mike BergThe Rockefeller GroupCushman & Wakefield, John Cefaly, Gus Field, Robert Lowe, Michael Burgio, David Berke, Jon Fales
625 West 55th StreetMidtown West 19,686 Meadows Office InteriorsNewmark Grubb Knight Frank, Brian Goldman, Brandon DavidNationwide ManagementCBRE, Stuart Siegel, Brett Kaye, Matthew Bergey
304 Park Avenue SouthGramercy 18,032 IMG WorldwideCBRE, Michael Laginestra, Christopher Mansfield, Rocco Laginestra, Brian DooleySL Green RealtySL Green Realty, Gary Rosen, Howard Tenenbaum
Source: TRD reporting and CoStar Group data
Top 10 Office Leases in New York City
June 1 - June 30 2016
AddressNeighborhoodSquare FootageTenantTenant brokerage, brokerLandlordLandlord brokerage, broker
9 Metrotech Center (Brooklyn)Downtown Brooklyn 339,993 New York City Fire Departmentn/aForest City Enterprisesn/a
90 Park AvenueGrand Central 122,525 Alston & BirdCBREVornado Realty TrustVornado Realty Trust, Josh Glick
75 Rockefeller PlazaPlaza District 122,418 Merrill LynchCBRE, Robert Alexander, Ramneek Rikhy, Emily Jones, Ryan Alexander RXR RealtyCushman & Wakefield, Bruce Mosler, Tara Stacom, Mikael Nahmias
2 Park AvenueMurray Hill 98,588 Gilt GroupeCBREMorgan Stanley & CompanyCBRE
55 Water StreetFinancial District 97,228 QBE North AmericaJLLRetirement Systems of AlabamaCushman & Wakefield, Frank Cento
420 Lexington AvenueGrand Central 87,944 New York Life Insurance CompanyJLL, Matthew Astrachan, Paul Glickman SL Green RealtySL Green Realty, David Kaufma
77 Flushing Avenue (Brooklyn)Downtown Brooklyn 75,000 Brooklyn BreweryBrooklyn Navy Yard Development, Annie Meyding, Sukanya PaciorekCity of New Yorkn/a
1633 BroadwayMidtown West 58,656 Bleacher ReportCBREParamount GroupCBRE, Patrice Meagher, Robert Hill, Paul Amrich, Howard Fiddle
5 Bryant ParkGarment Dristrict 54,782 Movable Inkn/aEquity Office PropertiesNewmark Grubb Knight Frank, Brent Ozarowski, Joshua Gosin, Lance Korman, Brent Ozarowski
315 Hudson StreetLower Manhattan 54,590 GalvanizeJack Resnick & Sons, Brett Greenberg, Dennis BradyJack Resnick & SonsNewmark Grubb Knight Frank, David Falk, Peter Shimkin, Daniel Levine, Jason Greenstein
Source: TRD reporting and CoStar Group data
Top 10 Office Leases in New York City
May 1 - May 31 2016
AddressNeighborhoodSquare FootageTenantTenant brokerage, brokerLandlordLandlord brokerage, broker
1285 Avenue of the AmericasMidtown West 890,861 UBS GroupCBRE, Robert AlexanderRXR Realty
28-10 Queens Plaza South (Queens)Long Island City 250,000 WeWorkn/an/an/a
2-20 Astor PlaceGreenwich Village 81,737 New York UniversityNewmark Grubb Knight FrankNewmark Grubb Knight FrankNewmark Grubb Knight Frank
7 Bryant ParkMidtown East 73,796 Schroder Investment Management North AmericaCBRE, Stuart Eisenkraft, Jason Gorman, Munish ViralamBank Of ChinaCBRE, Ben Friedland, Clyde Reetz, Evan Haskell, Howard Fiddle, Evan Fiddle, Mary Ann Tighe, Adele Huang
4 World Trade CenterFinancial District 68,673 Hudson River TradingCBRE, Sacha Zarba, Christopher Corrinet, Chris HoganSilverstein PropertiesSilverstein Properties, Roger Silverstein, Jeremy Moss; CBRE, Mary Ann Tighe, Stephen Siegel, Stephen Eynon, Evan Haskell, David Caperna, Ken Meyerson, Robert Hill
101 Park AvenueMidtown East 65,744 Federal Home Loan Bank of New YorkCBRE, Brett Shannon, Christopher Mansfield, Harly Stevens, Michael GeogheganH J Kalikow & CompanyCushman & Wakefield, Brooks Hauf, Gus Field, Nicholas Dysenchuk
532-550 Washington StreetTribeca 63,643 VerizonCushman & Wakefield, Josh Kuriloff, Joseph HarkinsRockland FundingCBRE
450 Lexington AvenueMidtown East 61,620 WeWorkCBRERXR HoldingCBRE
575 Madison AvenueMidtown East 52,741 Douglas EllimanNewmark Grubb Knight Frank; Douglas EllimanSteinberg & Pokoik ManagementSteinberg & Pokoik Management
885 Second AvenueMidtown East 46,194 Memorial Hospital for Cancer & Allied DiseasesNewmark Grubb Knight FrankRuben CompaniesRuben Companies, Susanne Lieu, John Schrenker, Sujohn Sarkar
Source: TRD reporting and CoStar Group data

NYC’s Top 10 Office Leases – April 2016
(See chart below)
For the first time this year, two outer-borough deals appear on the list of the 10 biggest office leases of the month.

Madewell, a J. Crew line, claimed the fifth largest office lease in April with its 60,000-square-foot move to “The Factory” building in Long Island City. And shared workplace provider Co|Workers took a 29,000-square-foot space in Bushwick, checking in at number nine in TRData’s monthly ranking of office deals by total square footage.

In total, April’s top 10 offices leases (with known tenants) accounted for a total of 1.25 million square feet, with an average of 124,642 square feet per lease. Of that 1.25 million square feet, roughly a third of it went to NYU Langone Medical Center, which took the entire 389,522 square feet at Columbia Property Trust’s 222 East 41st Street.

The second-largest deal of the month came at Vornado Realty Trust’s 90 Park Avenue, where accounting firm PricewaterhouseCooper snagged 240,000 square feet.

CBRE was the top tenant-side brokerage of the month with 466,088 square feet leased across three deals. On the landlord side, Newmark Grubb Knight Frank was the biggest, brokering three deals totaling 121,650 square feet.

As for the building owners themselves, SL Green Realty, the city’s largest office landlord, leased more individual spaces than any other landlord on the list, with three deals totaling 260,782 square feet.

Reginald Barley, Jr.

Top 10 NYC Office Leases in April
Apr. 1 - Apr. 30 2016
AddressNeighborhoodSquare FootageTenantTenant brokerage, brokerLandlordLandlord brokerage, broker
222 East 41st StreetMidtown389,522NYU Langone Medical CenterCushman & Wakefield, Bruce Mosler, Mark MandellColumbia Property TrustCBRE, Neil King, James Ackerson, Paul Amrich, Jackie Marshall
90 Park AvenueMidtown240,605PwCCBRE, Timothy Dempsey, Greg Maurer-HollaenderVornado Realty TrustVornado Realty Trust, Andrew Ackerman, Jared Silverman, Josh Glick
1166 Avenue of the AmericasMidtown195,375D. E. Shaw & CompanyCBRE, Roger Griswold, Timothy Dempsey, Munish ViralamRXR RealtyJLL, Paul Glickman, Cynthia Wasserberger, Jonathan Fanuzzi, Diana Biasotti
11 Madison AvenueGramercy186,396Credit Suisse AGCBRE, Lewis Miller, Jason Gorman, Paul Stimpfle and Munish ViralamSL Green RealtySL Green Realty, Natasha Brown
30-30 47th Avenue (Queens)Long Island City59,680J. CrewSavills Studley, David Goldstein, Gabriel MaransInvescoNewmark Grubb Knight Frank, Jordan Gosin, Howard Kesseler, Brian Waterman
1633 BroadwayMidtown52,555Vedder PriceSavills Studley, David Goldstein, Scott Weiss, Jason PerlaParamount GroupParamount Group, Peter Brindley
1185 Avenue of the AmericasMidtown44,278Reisn/aSL Green RealtyCushman & Wakefield, Adam Ardise, Richard Bernstein, Bryan Boisi
114 West 41st StreetMidtown31,862Quartet HealthJLL, Jason Schwartzenberg, Dan SantagataThe Blackstone GroupNewmark Grubb Knight Frank , Scott Klau, Erik Harris, Ben Shapiro, Zach Weil
280 Park AvenueMidtown30,108Teneo HoldingsCBRE - Matthew McBrideSL Green RealtyNewmark Grubb Knight Frank, Michael Horn, Matt Lorberbaum, Neil Goldmacher
839-845 Broadway (Brooklyn)Bushwick28,800Cowork|rsn/aDeergrow Developmentsn/a
Source: TRD reporting and CoStar Group data

Manhattan’s Top 10 Office Leases – March 2016
(See chart below)

Facebook is taking over New York City—or it sure looked that way during March.

March’s top 10 ranking of reported office leases has the social media giant taking three spots, grabbing a total of 280,668 square feet between Gramercy and Greenwich Village.

The complete top 10 includes a total of 1,404,912 square feet leased with an average of 140,491 square feet signed per deal. Midtown, Gramercy, and the Financial District registered three deals each. Only deals in which the tenants are known are included in the count.

The largest lease on the month by far was McGraw Hill Financial’s 900,027-square-foot contract at 55 Water Street, counting for nearly double the combined space in the rest of the March ranking. Other notable deals include shared office space company Convene’s 35,698 square feet at 114 West 47th Street in Midtown, giving WeWork just a little competition. Video production company PostWorks NY took 50,000 square feet at Ivanhoe Cambridge’s 1411 Broadway and new media company Mic snagged new digs at One World Trade Center.

Colliers International was particularly present on the tenant brokerage side with four deals, three of which were for Facebook. CBRE led the pack on the landlord representation side, closing the largest deal on behalf of Retirement Systems of Alabama in their lease to McGraw Hill Financial at 55 Water Street. JLL, however, had the most landlord representations with 2 deals totaling 88,722 square feet.

Landlord the Durst Organization leased two spaces leased this month, one to Convene 114 West 47th Street and the other to Mic Network’s One World Trade Center. — Reginald Barley, Jr.

Top Manhattan Offices Leases, March 2016
March 1 - March 31 2016
AddressNeighborhoodSquare FootageTenantTenant brokerage, brokerLandlordLandlord brokerage, broker
55 Water StreetFinancial District900,027McGraw Hill FinancialCBRE, Paul Myers, Ken Meyerson, Michael Liss, Cara Chayet Retirement Systems of AlabamaCBRE, Howard Fiddle, Mary Ann Tighe, David Caperna, Evan Haskell
225 Park Avenue SouthGramercy159,568FacebookColliers International, Robert Tunis, Eric Ferriello, Warren WixenOrda ManagementNewmark Grubb Knight Frank, Brian Waterman, Brent Ozarowski, Courtney Adham
770 BroadwayGreenwich Village80,000FacebookColliers International, Robert Tunis, Warren WixenVornado Realty TrustVornado Realty Trust, Glen Weiss
1411 BroadwayMidtown49,690PostWorks NYSavitt Partners, Marc SchoenIvanhoe CambridgeJLL, Frank Doyle, David Kleiner, Clark Finney, Kevin West, Amanda Bokman
233 Park Avenue SouthGramercy41,100FacebookColliers International, Robert Tunis, Eric Ferriello, Warren WixenOrda ManagementRXR Realty, Jordan Berger
350 Madison AvenueMidtown39,032World Economic Forum USANewmark Grubb Knight Frank, Scott Brown, Robert SilverRFR RealtyRFR Realty and JLL, Daniel Turkewitz, Mitchell Konsker, Alexander Chudnoff, Oliver Katcher, Dana Biasotti, AJ Camhi
One World Trade CenterFinancial District36,099Mic NetworkTranswestern, Rory MurphyThe Durst OrganizationThe Durst Organization and Cushman & Wakefield, Tara Stacom, Justin Royce, Barry Zeller, Peter Trivelas, Conner Daugstrup, Eric Engelhardt, Karen Kuznick
200 Park Avenue SouthGramercy35,698Elizabeth ArdenColliers International, David Glassman, Joseph Cabrera, Michael GordonEverett RealtyABS Partners Real Estate, Alan Friedman, Charles Conwell
114 West 47th StreetMidtown35,698ConveneCBRE, Michael Wellen, Rocco Laginestra, Jared Freede The Durst OrganizationThe Durst Organization, Rocco Romeo, Ashley Gee, Thomas Bow
80 Broad StreetFinancial District28,000The Robert Allen GroupCushman & Wakefield, Jonathan FeinBroad Street DevelopmentBroad Street Development, Ramona Huegel, David Israni
Source: Leases signed between March 1 and March 31 2016 counting only those deals with known tenants,
according to CoStar and TRD reporting

Manhattan’s Top 10 Office Leases – February 2016

CBRE represented the most tenants in the ten largest leases disclosed that were signed last month, an analysis of CoStar Group data and industry sources, revealed.

The largest lease was the hedge fund Citadel Investment Group, represented by CBRE, which inked a 211,400-square-foot lease at L&L Holding’s 425 Park Avenue in Manhattan’s Plaza District.

That was followed by the growing cloud computing platform Salesforce.com, represented by Cushman & Wakefield, and which took a slightly smaller space at Callahan Capital Partners and Ivanhoe Cambridge’s 1095 Sixth Avenue. The firm signed up for 210,496 square feet.

Behind them was another CBRE team, that advised Swiss bank UBS in its lease at 299 Park Avenue. Rounding out the top five were two tenants represented by Colliers International. The first, Grovo Learning, took 70,140 at Two Trees Management’s 50 West 23rd Street, and Signature Bank, which took 62,231 square feet at Silverstein Properties 1177 Sixth Avenue. — Reginald Barley Jr., Adam Pincus

Top 10 Manhattan Office Leases
February 2016
AddressNeighborhoodSquare FootageTenantTenant brokerage, brokerLandlordLandlord brokerage, broker
425 Park AvenueMidtown211,400Citadel Investment GroupCBRE, John Nugent, Andrew SussmanL&L Holding CompanyCBRE, Mary Ann Tighe, Sarah Pontius, Evan Haskell, Zakery Snider
1095 Sixth AvenueMidtown210,496Salesforce.comCushman & Wakefield, Gus FieldCallahan Capital Partners and Ivanhoe CambridgeCushman & Wakefield, Ethan Silverstein, John Cefaly, Bruce Mosler, Robert Lowe
299 Park AvenueMidtown124,069UBS GroupCBRE - Robert Alexander, Patrick Murphy, Douglas LehmanFisher Brothers ManagementFisher Brothers Management, Marc Packman, Jessica Kanfer
50 West 23rd StreetMidtown South70,140Grovo LearningColliers International, Robert Tunis, Eric FerrielloTwo Trees ManagementTwo Trees Management, Elizabeth Bueno, Dan Conlon
1177 Sixth AvenueMidtown62,231Signature BankColliers International, Michael T. Cohen, Andrew Roos, Howard KaplowitzSilverstein PropertiesSilverstein Properties, Joseph Artusa, Roger Silverstein, Camille McGratty
1 Liberty PlazaLower Manhattan44,025ABM Industriesn/aBrookfield Office PropertiesNewmark Grubb Knight Frank, Peter Shimkin, Nick Berger, David Falk
4-8 West 58th StreetMidtown40,170Neiman Marcusn/aSolow Building CompanyJLL, Howard Hersch, Scott Panzer, Steven Rotter
250 West 57th StreetMidtown37,680GuildNetCBRE, Brian Gell, Laurence BriodyEmpire State Realty TrustCushman & Wakefield, Sean Kearns, Harry Blair
555 West 57th StreetMidtown35,112CBS Broadcastingn/aSL Green RealtySL Green Realty, Elaine Anazagasty, Larry Swiger, Jennifer Hahn
5 Penn PlazaMidtown27,877GTA AmericasSavills Studley, David Goldstein, Gabriel MaransHaymes Investment CompanyCBRE, Peter Turchin, Stephen Eynon, Jason Pollen, David Caperna
Source: TRD reporting and CoStar

 

Manhattan’s Top 10 Office Leases – January 2016

Top 10 Manhattan Office Leases for January 2016
AddressNeighborhoodSquare FootageTenantTenant representativesLandlordLandlord representatives
3 World Trade CenterLower Manhattan173,436Group MCBRE / Mary Ann Tighe, Gregory Tosko, Lauren Crowley, Brendan HerlihySilverstein PropertiesSilverstein Properties / Jeremy Moss
220 East 42nd StreetGrand Central167,003OmnicomFeld Real Estate / Lee FeldSL Green RealtySL Green Realty / Elaine Anazagasty, Larry Swiger, and Jennifer Hahn
1133 Sixth AvenuePlaza District132,400INGCBRE / Robert Stillman, Michael GeogheganDurst OrganizationRocco Romeo, Tom Bow/ Durst Organization
85 Broad StreetLower Manhattan85,733Vox MediaCBRE / Jeff Fischer and JLL / Steven RotterMetLife and Beacon Capital PartnersFrank Doyle, Jonathan Schifrin/JLL
75 Ninth AvenueChelsea82,870NY1 NewsJamestown
200 Vesey StreetLower Manhattan74,439American Expressn/aBrookfield Office PropertiesJLL / John Wheeler, Michael Berman and Clayton T. Kline
501 West 30th StreetMidtown67,058Sidewalk LabsCBRE / Michael Laginestra, Rocco M. Laginestra, Christopher Corrinet and Chris HoganTriborough Bridge & Tunnel Auth.The Related Companies / Stephen C. Winter
304-328 West 34th StreetMidtown52,959Music ChoiceCBRE / Jason GormanSL Green RealtySL Green Realty / David Amsterdam
195 BroadwayLower Manhattan41,982Rocket Fueln/aJ.P. Morgan Investment ManagementL&L Holding Company / Andrew Wiener and David Young
1330 Avenue of the AmericasMidtown41,600SilvercrestCushman & Wakefield / Eric ReimerRXR RealtyRXR Property Management / William Elder and Lauren Ferrentino
Source: TRData analysis of CoStar Group and Colliers International data, for all leases with known tenants.

 

Manhattan’s Top 10 Office Leases – December 2015

Top 10 Manhattan Office Leases - December 2015
RankAddressNeighborhoodSquare FootageTenantTenant brokerage, brokerLandlordLandlord brokerage, broker
1501 West 30th Street (10 Hudson Yards)Hudson Yards193,306Boston Consulting GroupCBRE, Michael Geoghegan and Munish ViralamTriborough Bridge & Tunnel AuthorityCBRE, Ryan C. Alexander, Ben Fastenberg, Ross Zimbalist, Zakery Snider and Emily Jones
21133 Sixth Avenue
Times Square132,400ING North America InsuranceCBRE, Robert Stillman, Michael Geoghegan The Durst OrganizationThe Durst Organization, Rocco Romeo, Thomas Bow, Ashlea Aaron, Ashley Gee
3330 West 34th StreetGarment District82,108n/an/aVornado Realty TrustVornado Realty Trust, Craig Panzirer
4575 Fifth AvenueGrand Central71,000 Barney'sCBREBeacon Capital PartnersCBRE, Keith Caggiano, Gregg Rothkin, David Caperna
585 Broad StreetFinancial District75,937n/an/aBeacon Capital PartnersJLL, Jonathan Schifrin, Cynthia Wasserberger, Frank Doyle
6524 BroadwaySoho75,000WeWorkn/aTahl Propp EquitiesCushman & Wakefield, Whitney Anderson, Ethan Silverstein, Mark Mandell
71333 BroadwayGarment District59,132Alfred DunnerSavitt Partners, Robert Savitt, Marc SchoenEmpire State Realty TrustJLL, Benjamin Bass, Daniel Turkewitz, Alexander Chudnoff, Mitchell Konsker
81301-1315 Sixth AvenueColumbus Circle54,240Oaktree Capital ManagementCBRE, John Nugent.Paramount GroupJLL, Frank Doyle, David Kleiner, Clark Finney
9711 Third AvenueGrand Central49,731Strategic Financial SolutionsMHP Real Estate Services, Joe FriedmanSL Green RealtyDouglas Elliman, Peter Gross, Louis Puopolo, Alexander Furst
10125 West 25th StreetChelsea40,727Peloton InteractiveNewmark Grubb Knight Frank, Ben ShapiroNormandy Real Estate PartnersJLL, Matthew Astrachan, Mitchell Konsker, Adam Haber
Source: CoStar Group and TRData lease reporting

 

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