Berger of Norman Bobrow leases 4,698 s/f to Equinix
New York, NY Equinix, a publicly traded corporation that provides high tech data centers, (formerly Nimbo Technologies), has signed a 4,698 s/f three-year lease in midtown occupying the entire sixth floor of 102 West 38th St.
The Redwood City, California-based Equinix has sub-leased the space for their New York City office for the last three years from 50CAN, a nonprofit education advocacy group with offices in both New York and Washington D.C.
“Equinix liked the space and since the sub-lease was set to expire in March 2016, we structured a direct deal for them,” said Joshua Berger, managing director at Norman Bobrow & Company, who represented Equinix, which purchased Nimbo Technologies last year.
According to Berger, the asking rent is $46 per square foot. Jeff Buslik from Adams & Company represented the landlord, 38th & 6 Associates.
Manhattan, NY 200E20TH, the CetraRuddy-designed architectural masterwork that brought a curved, contemporary sensibility to Gramercy’s Beaux-Arts streetscape, has
Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary