Bond New York grows in Midtown

July 29, 2010 02:57PM

Bond’s Bruno Ricciotti and 1776 Broadway (building photo source: PropertyShark)

Bond Real Estate New York has signed an eight-year renewal and
expansion at its Columbus Circle location at 1776 Broadway and West
57th Street, bringing the company’s total square footage to 10,800
square feet, Crain’s reported. Bond principal Bruno Ricciotti told The Real Deal  in its May issue that the new space
was 5,500 square feet. The 10-year-old firm, which currently occupies
the entire 19th floor, will also take over the second floor of the
25-story, 110,000-square-foot building come September. The asking rent
for the lower floor was in the low $40s per square foot. Bond has four
other Manhattan offices and continues to expand its staff. The company
hired 100 people last year and plans to hire close to 80 brokers soon,
according to Jeffrey Rosenblatt, the Newmark Knight Frank broker who
represented Bond in the transaction. Peter Berti of Cushman &
Wakefield represented landlord ULM Holding. [Crain’s]