City’s Department of Investigation officially signs at 180 Maiden

City Hall still needs to approve the 276K sf lease: report

New York /
Aug.August 28, 2017 06:30 PM

The Department of Investigation has finally inked a deal to take 276,000 square feet at Clarion Partners and MHP Real Estate Services’ 180 Maiden Lane.

The lease has been in the works for some time, and still requires sign off from City Hall, sources told the New York Post. The lease — which will mean the DOI is expanding its space by 75,000 — has been in the works for nearly a year. The new office will bring together five of the DOI locations, and it will occupy floors 15 through 25 at the 1.35 million-square-foot tower, according to earlier reports.

The lease was put on hold because officials were waiting to see the impact of federal cuts before committing to long-term deals, according to the Post.  However, one of the deals that was allegedly held up, the Human Resources Administration lease renewal of 349,777 square feet at 109 East 16th Street, went ahead in April.  [NYP]Miriam Hall


Related Articles

arrow_forward_ios
Hudson’s Bay Company restructures $846M CMBS loan
Hudson’s Bay Company restructures $846M CMBS loan
Hudson’s Bay Company restructures $846M CMBS loan
Two of the eleven properties under threat of foreclosure (Google Maps)
Mack Real Estate may “strip” club owner of properties
Mack Real Estate may “strip” club owner of properties
270 W Montauk Hwy, Hampton Bays, NY (Loopnet)
Legendary Hampton Bays bar up for sale
Legendary Hampton Bays bar up for sale
Senator Chuck Schumer and 70 Prospect Park West (Google Maps, Getty)
Schumer blasts Brooklyn landlord as NY pols vow to pass good cause eviction
Schumer blasts Brooklyn landlord as NY pols vow to pass good cause eviction
Prologis Chairman and CEO Hamid Moghadam (Getty, Prologis)
Industrial space “effectively sold out” amid leasing frenzy, Prologis says
Industrial space “effectively sold out” amid leasing frenzy, Prologis says
Starwood raises $10B for distressed real estate plays
Starwood raises $10B for distressed real estate plays
Starwood raises $10B for distressed real estate plays
Aulder Capital CEO Jonah Bamberger and 162-164 East 82nd Street (Rosewood Realty Group, Slate Property Group)
Two Upper East Side apartment buildings head to foreclosure sale
Two Upper East Side apartment buildings head to foreclosure sale
Stripes founder Ken Fox and a rendering of 40 10th Avenue (Stripes, Neoscape)
Private equity firm carves out 14K sf at Aurora’s Solar Carve building
Private equity firm carves out 14K sf at Aurora’s Solar Carve building
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...