News: Brokerage

BSD signs leases totaling 52,300 s/f at 61 & 55 Broadway

Broad Street Development (BSD), led by Raymond Chalmé and Daniel Blanco, completed 52,300 s/f in leases at two of its downtown properties. Deals totaling 40,000 s/f were signed at 61 Broadway, another 12,300 s/f were inked at 55 Broadway. Recent deals at 61 Broadway include: * A new 18,214 s/f lease was signed by Furman, Kornfeld & Brennan LLP on the 26th floor; * HCL America recommitted to 4,000 s/f on the 20th floor; * A new 3,707 s/f lease for Sigma-HR USA Inc. on the 26th floor; * A renewal for 3,566 s/f on the 30th floor by Mongoose Atlantic; * A 2,808 s/f renewal by RCWH, LLC on the 10th floor; * Samuel A. Ramirez & Co., expanded by 2,410 s/f on the 29th floor; * Gruvman, Giordano & Glaws, LLP, renewed its 1,911 s/f suite on the 27th floor; * A 1,799 s/f expansion for Professional Staffing Congress/CUNY on the 16th floor; * Moneybookers USA signed a lease for 1,372 s/f on the 16th floor. Deals at 55 Broadway included: * A 10,370 s/f renewal and expansion for Dolan Media Co. on the 6th floor; * FedEx Office and Print Services, Inc.'s renewal of its retail location on the ground floor for 1,923 s/f. "While the overall leasing market saw a slowdown in 2009, we are pleased to report solid activity at our properties. We attribute a big part of our ongoing success to our well-established pre-built/built-to-suit program and accessible management," said Blanco. David Israni, managing director of BSD said, "We are proud to have so many tenants sign new leases and renewals at our properties, and we remain committed to offering them the level of service, value and amenities for which our firm is well known."
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