Century Management ditches 7 Penn for 440 Ninth

TRD New York /
May.May 13, 2013 03:00 PM

Residential property manager Century Management Services has inked a deal for 11,373 square feet at 440 Ninth Avenue at West 35th Street, the New York Observer reported. The lease is for part of the 412,000-square-foot building’s 15th floor, where asking rents tick in at $45 per square foot.

Century, currently at 7 Penn Plaza, plans to occupy the space by June after a build out by landlord Paramount Group is completed.

“The tenant was looking for a strong landlord, one that had a reputation of working with their tenants in a partnership,” Centric Real Estate Advisors principal Gregg Lorberbaum, who along with Samantha Fishbone represented the tenant, told the Observer.

The proximity to Hudson Yards was also a selling point for Century, the Observer said.

Paramount was represented by Stephen Schofel, Elizabeth Houley, Josh Gosin and Daniel Hassett of Newmark Grubb Knight Frank. [NYO]Zachary Kussin


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Facebook CEO Mark Zuckerberg and Hudson Yards (Credit: Getty Images and Wikipedia)

Facebook close to finalizing Hudson Yards office deal: report

SL Green’s locks in big bank lease at Hudson Yards redevelopment site

SL Green’s locks in big bank lease at
Hudson Yards redevelopment site

Cuomo calls Amazon’s Hudson Yards lease “crumbs from the table”

Cuomo calls Amazon’s Hudson Yards lease “crumbs from the table”

Amazon CEO Jeff Bezos and Hudson Yards (Credit: Getty Images and Wikipedia)

Amazon takes big new office space near Hudson Yards

Clockwise from left: 1 New York Plaza, Hudson Yards, 341 Ninth Avenue and 55 Water Street (Credit: Google Maps, Wikipedia Commons, Getty Images)

These were NYC’s top office leases in November

Jordan Roeschlaub and Dustin Stolly, Newmark Knight Frank

Co-heads of Newmark’s debt team host holiday bash

Facebook CEO Mark Zuckerberg and Hudson Yards (Credit: Getty Images)

It’s official: Facebook is taking 1.5M sf in Hudson Yards

arrow_forward_ios