New York, NY Bertone Piccini LLP acted as counsel on behalf of Paige.AI, Inc., a biotechnology firm, to obtain a 24,400 s/f office lease agreement in Eleven Times Sq. The firm also represented Paige in negotiations to expand their lease to take an entire floor of the building.
Jeremy Piccini, Esq. and Sharon Babb, Esq. handled the transaction on behalf of the tenant. Josh Freidman of Newmark & Company served as the tenant’s broker.
Located in Midtown West, this building has the quality amenities and immediate access to 12 subway lines.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,