The Real Deal New York

The top 10 NYC office leases in April

Pfizer's deal with Tishman Speyer was the largest of the month
By Ashley McHugh-Chiappone | May 11, 2018 10:00AM

Clockwise from left: A rendering of 66 Hudson Boulevard, 1271 Sixth Avenue and 1271 Sixth Avenue

Clockwise from left: A rendering of 66 Hudson Boulevard, 1271 Sixth Avenue and 1271 Sixth Avenue (Credit: Tishman Speyer, 1271aoa and Google Maps)

April’s top offices leases accounted for far more square footage than March’s. The top 10 office lease deals totaled 1.9 million square feet, much larger than March’s top 10 leases, which totaled 996,000 square feet.

1) Pfizer, 66 Hudson Boulevard, Hudson Yards – 800,000 square feet

The pharma giant inked a lease for 800,000 square feet of office space at 66 Hudson Boulevard. Josh Kuriloff, Matthias Li, and Andrew Braver of Cushman & Wakefield represented the tenant. Tishman Speyer is the landlord of the building.

2) Latham & Watkins, 1271 Sixth Avenue, Midtown West – 407,000 square feet

The law firm signed a lease for the 25th through the 34th floors of the Midtown Wes building, totaling for 407,000 square feet at 1271 Sixth Avenue. Scott Gamber and Craig Reicher of CBRE represented the tenant. Jennifer Stein of Rockefeller Group represented the landlord in-house, alongside Mary Ann Tighe, Howard Fiddle, John Maher, Sarah Pontius, Evan Haskell and Dave Caperna of CBRE.

3) Jet.com, 1055 Bronx River Avenue, Soundview – 200,000 square feet

The Wal-Mart-owned e-commerce company inked a lease for 200,000 square feet of warehouse space at 1055 Bronx River Avenue. The asking rent was $22 per square foot. JLL represented the landlord of the building, Prologis.

4) McDermott Will & Emery, 1 Vanderbilt Avenue, Grand Central – 105,539 square feet

The law firm signed a 20-year lease for nearly 106,000 square feet at 1 Vanderbilt Avenue. Moshe Sukenik and Noel Flagg of Newmark Knight Frank represented the tenant, while Robert Alexander, Sarah Pontius, Ryan Alexander and Emily Jones of CBRE represented the landlord, SL Green Realty.

5) Investcorp, 280 Park Avenue, Plaza District – 75,000 square feet

The multinational investment manager renewed its lease for 75,000 square feet at 280 Park Avenue. Neil Goldmacher and Brian Goldman of Newmark Knight Frank represented the tenant, while Glenn Weiss and Andrew Ackerman of Vornado Realty Trust represented the landlord in-house.

6) Transfix, 498 Seventh Avenue, Garment District – 60,000 square feet

The tech startup inked a lease for 60,000 square feet of space at 498 Seventh Avenue. Greg Taubin of Savills Studley represented the tenant, while Matt Coudert of George Comfort & Sons represented the landlord in-house.

7) MDRC, 200 Vesey Street, Battery Park City – 55,000 square feet

The research nonprofit signed a 10-year lease for 55,000 square feet at 200 Vesey Street. CBRE represented the tenant, while JLL represented the landlord, Brookfield Property Partners.

8) Phillips Nizer, 485 Lexington Avenue, Grand Central – 53,162 square feet

The law firm expanded its footprint by about 53,000 square feet at 485 Lexington Avenue. Alexander Chudnoff and Abe Cooper of JLL represented the tenant. David Kaufman and Natasha Brown of SL Green Realty represented the landlord in-house, alongside a JLL team of Paul Glickman, Jonathan Fanuzzi and Diana Biasotti.

9) Permanent Mission of Japan to the United Nations, 605 Third Avenue, Midtown East – 50,000 square feet

The Japanese government inked a lease for 50,000 square feet of office space at 605 Third Avenue. The organization will occupy the 27th, 28th and 29th floors of the the building. Fisher Brothers is the landlord of the building.

10) IQVIA, 200 Vesey Street, Battery Park City – 46,000 square feet

The healthcare data analytics company signed a lease for 46,000 square feet of office space at 200 Vesey Street. Robert Lowe, Nicholas Dysenchuk and Andrew Behymer of Cushman & Wakefield represented the tenant. JLL represented the landlord, Brookfield Property Partners.