Massey to lease out part of its Brooklyn office

July 14, 2010 03:30PM

205 Montague Street and Paul Massey

real estate brokerage Massey Knakal Realty Services is looking to
sublet a portion of its Brooklyn headquarters at 205 Montague Street in
Brooklyn Heights. “We are 100 percent committed to having a growing
presence in the Brooklyn
market,” company CEO Paul Massey said in a statement. “Some interested
parties have made proposals to sublet a portion of our space and we are
exploring those possibilities.” The firm would not provide additional
details, and a Massey spokesperson said she did “not know which parties
have expressed interest” in the space. The brokerage also refused to
confirm or deny a Brownstoner report which claimed that Massey was
leaving the Brooklyn location entirely, since they were not using it to
its full capacity. “Massey Knakal has the best commercial agents in
Brooklyn and we are enjoying our significant market share,” Massey said
in his statement. In 2006, Massey signed a 10-year lease on the
18,750-square-foot Brooklyn space, the entire
third floor of the five-story Class A office property, which is owned
and managed by the Treeline Companies, according to TRD