The top NYC office leases in August

New York /
Sep.September 11, 2018 11:00 AM

Clockwise from top left: 237 Park Avenue, 1132 Oak Point Avenue in the Bronx, 21 Penn Plaza, 161 Sixth Avenue

UPDATE: An earlier version of this article omitted some of the brokers involved in deal #6 at 1619 Broadway.

August’s top office leases secured less square footage than July’s. The top 10 office lease deals totaled 1.3 million square feet, smaller than July’s top 9 leases, which totaled 2.3 million square feet.

1) JPMorgan Chase, 237 Park Avenue, Grand Central – 270,536 square feet

The bank renewed its lease for 270,536 square feet of space at 237 Park Avenue. The building’s landlord is RXR Realty.

2) Innovo Property Group, 1132 Oak Point Avenue, Hunts Point – 270,000 square feet

The firm inked a lease for 270,000 square feet of space at 1132 Oak Point Avenue. The building’s landlord is Commonwealth Industrial Parks.

3) WeWork, 21 Penn Plaza, Penn Plaza – 258,344 square feet

The shared workspace provider inked a lease for 258,344 square feet of space at 21 Penn Plaza. The building’s landlord is TH Real Estate.

4) Aetna, 161 Sixth Avenue, Soho – 106,000 square feet

The insurance provider signed a lease for 106,000 square feet of space at 161 Sixth Avenue. Stephen Bellwood, Adam Ardise and Steve Ernst of Cushman & Wakefield represented the tenant while Andrew Peretz, Brian Waterman, David Malawer and Brent Ozarowski of Newmark Knight Frank represented the landlord, Stellar Management.

5) Carlyle Group, 1 Vanderbilt Avenue, East Midtown – 94,367 square feet

The asset manager inked a 15-year lease for 94,367 square feet of space at 1 Vanderbilt Avenue. Greg Lubar, Steven Rotter, Joseph Messina, Steven Spartin, Jessica Berkey and Andrew Lutzer of JLL represented the tenant while Robert Alexander, Ryan Alexander, Sarah Pontius and Emily Jones of CBRE represented the landlord, SL Green Realty.

6) WeWork, 1619 Broadway, Midtown West – 75,000 square feet

The shared workspace provider inked a 15-year lease for 75,000 square feet of space at 1619 Broadway. Mary Ann Tighe, Sarah Pontius, Alex D’Amario, Zak Snider and Arkady Smolansky of CBRE represented the landlord, Brookfield Property Partners.

7) WeWork, 880 Third Avenue, Plaza District – 69,679 square feet

The shared workspace provider signed a 15-year lease for 69,679 square feet of space at 880 Third Avenue. Andrew Zang and Ken Ruderman of Savills Studley represented the tenant while Brett Greenberg of Jack Resnick & Sons represented the landlord in house.

8) Apollo Global Management, 9 West 57th Street, Plaza District – 69,000 square feet

The private equity firm expanded its 15-year lease by 69,000 square feet of space at 9 West 57th Street. The landlord is Solow Realty & Development. 

9) BTIG Partners, 65 East 55th Street, Plaza District – 65,000 square feet

The financial services broker-dealer inked a 15-year lease for 65,000 square feet of space at 65 East 55th Street. Neil Goldmacher, Brian Goldman and Chris Mongeluzo of Newmark Knight Frank represented the tenant while Brian Waterman, Jared Horowitz, Ben Shapiro, Brent Ozarowski and Lance Korman of Newmark Knight Frank represented the landlord, Equity Office.

10) Rosenberg & Estis, 733 Third Avenue, Grand Central – 51,778 square feet

The law firm renewed and expanded its 10-year lease for 51,778 square feet of space at 733 Third Avenue. Michael Lefkowitz and William Byers represented the tenant in house, while Tom Bow and Ashley Mays of the Durst Organization represented the landlord in house.


Related Articles

arrow_forward_ios
Winery owner Giovanni Borghese (Facebook via Borghese Vineyard)
Rare vintage: Long Island’s oldest winery hits the market
Rare vintage: Long Island’s oldest winery hits the market
One Court Square tower in Long Island City (Getty)
Target is coming to Long Island City
Target is coming to Long Island City
Stuart Miller of Lennar with The Maddox complex (Lennar, LMC)
ING “green building” loan program targets energy upgrades
ING “green building” loan program targets energy upgrades
(iStock illustration by Kevin Rebong for The Real Deal)
Morgan Stanley bans unvaccinated staffers from offices
Morgan Stanley bans unvaccinated staffers from offices
(Getty / Photo Illustration by The Real Deal)
Mall landlords turn to pop-up stores to boost revenue
Mall landlords turn to pop-up stores to boost revenue
Photo illustration of Tishman Speyer Properties President Rob Speyer and Brookfield Asset Management CEO Bruce Flatt (iStock, Getty)
Office investors Tishman Speyer, Brookfield put money where mouth is
Office investors Tishman Speyer, Brookfield put money where mouth is
Sure We Can has tried to purchase the property in the past (Facebook via Sure We Can, Getty)
Lifeline for canners needs city’s help to buy redemption center site
Lifeline for canners needs city’s help to buy redemption center site
Shoppers World CEO Sam Dushey with an aerial shot of Green Acres Mall (Shoppers World, Macerich)
Shoppers World to debut in Long Island at former Century 21 site
Shoppers World to debut in Long Island at former Century 21 site
arrow_forward_ios

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

Loading...