The Real Deal New York

Health services firm takes 37K sf on Billionaires’ Row

GuildNet to relocate to Empire State’s 250 West 57th Street
250 West 57th Street Tony Malkin

250 West 57th Street (inset: Tony Malkin (credit: Max Dworkin))

GuildNet, the health management services division of Lighthouse Guild, will soon take up residence at Empire State Realty Trust’s 250 West 57th Street.

The nonprofit signed a 10-year lease to take the 10th floor and part of the ninth at the 26-story, 430,000-square-foot Midtown office building between Broadway and Eighth Avenue. Asking rent at the space was about $67 per square foot, the New York Observer reported.

CBRE’s Brian Gell and Laurence Briody represented GuildNet in the deal. Keith Cody represented Empire State in-house, with the help of Cushman & Wakefield’s Harry Blair and Sean Kearns.

The real estate investment trust bought the property in 2013 for $170 million.

GuildNet is leaving its current home at the Lighthouse Guild’s headquarters at 15 West 65th Street.

Architecture and interior design firm CookFox Architects also recently took a space at the building, signing a 16-year lease for 18,000 square feet back in October. [NYO]Ariel Stulberg