Bond New York snags new offices as the brokerage expands

The firm inked two deals for bigger locations

New York /
Oct.October 25, 2018 02:30 PM

810 Seventh Avenue & 324 East 86th Street with Bruno Ricciotti (Credit: Guest of a Guest)

Outgrowing its space — and eyeing more expansion — Bond New York is upgrading its offices.

The brokerage is moving from its three-floor space at 1776 Broadway to the whole 39th floor at 810 Seventh Avenue, the company said in a statement. The deal boosts Bond’s headquarters to 17,320 square feet from 14,000 square feet.

The Midtown office will have separate areas for sales and rentals and include a 1,400-square-foot presentation center, according to the statement. All 250 agents and corporate staff at 1776 Broadway will relocate to the new office, which is slated to open by December.

“It’s been a desire of ours for a while,” said co-founder Bruno Ricciotti, adding that the firm has been outgrowing its existing location. “I’ve been working on this for over a year.”

The company also plans to hire roughly another 30 agents, Ricciotti said.

Bond signed a six-year lease at 810 Seventh Avenue at $75 per square foot. Landlord SL Green Realty was represented by Cushman & Wakefield’s Barry Zeller, while the brokerage represented itself. The prior tenant was the merchant bank Raine Group, which is decamping for Equity Office’s 65 East 65th Street.

Bond also inked a 10-year lease at 324 East 86th Street. The 5,000-square-foot space on the Upper East Side formerly housed a Mattress Firm. Bond again represented itself in the deal — while landlord 324 E 86th Street LLC was represented by Milsmith.

The UES office is poised to open in January and will have about 80 agents, the company said.

In addition to the main corporate office and UES location, Bond also has offices in Union Square, Chelsea and Upper Manhattan. The firm, founded in 2000, made its foray into Upper Manhattan in 2016, with the acquisition of Harlem-based firm Absolute Properties.


Related Articles

arrow_forward_ios
 Though landlords aren’t quite ready to say goodbye to their offices, employees are, according to a new survey by JLL. (Getty)
Sorry, boss: 72% of workers don’t want to return to offices full-time
Sorry, boss: 72% of workers don’t want to return to offices full-time
Jeffrey Epstein with 9 East 71st Street and Courtney Ross with her penthouse at 7 Hubert Street (Getty)
Jeffrey Epstein’s UES townhouse was priciest Manhattan deal last week
Jeffrey Epstein’s UES townhouse was priciest Manhattan deal last week
A selection of the properties, from left: 1020 Pacific Street, 818 Bergen Street, 483 St. Marks Avenue and 634 Classon Avenue (Google Maps, Kings County Supreme Court/Illustration by Alexis Manrodt for The Real Deal)
All Year sues partner over “illegitimate” deed transfers
All Year sues partner over “illegitimate” deed transfers
Unit 55B of Central Park South and Steve Roth of Vornado Realty Trust. (Compass, Vornado, Getty)
220 Central Park South’s first resale in the works
220 Central Park South’s first resale in the works
President Joe Biden’s American Rescue Plan was passed over the weekend. (Getty / Photo Illustration by Kevin Rebong for The Real Deal)
What real estate gets in Biden’s $1.9 trillion package
What real estate gets in Biden’s $1.9 trillion package
Vince Viola and 12 East 69th Street (Getty, Google Maps)
Vince Viola’s massive UES townhouse in contract
Vince Viola’s massive UES townhouse in contract
Continuum Company founder Ian Bruce Eichner and the former Spice Factory at 960 Franklin Street (Getty, Google Maps)
Eichner’s Crown Heights rezoning delayed once again
Eichner’s Crown Heights rezoning delayed once again
(Getty, iStock)
Movie theaters’ future uncertain as studios focus on streaming
Movie theaters’ future uncertain as studios focus on streaming
arrow_forward_ios

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

Loading...