News: Brokerage

FLSV leases 14,300 s/f at W&H Properties' 1359 Broadway

FLSV Fund Administration Services, a full-service tax and accounting firm, has nearly quadrupled its space at 1359 Broadway, bringing its total occupancy to more than 14,300 s/f, according to Anthony Malkin, president of Malkin Holdings, which supervises W&H Properties. FLSV originally moved into a 3,815 s/f space at the building in 2010. The firm will occupy its new space this month. "Throughout the W&H Properties portfolio, we are seeing excellent tenants of all sizes expand their spaces," said Malkin. "This reflects the rigorous procedures we undertake in the tenant selection process. Additionally, FLSV's growth at 1359 highlights the growing appeal of the Broadway Office Corridor, where five W&H buildings are conveniently situated adjacent mass transit hubs, and which is attracting financial and service firms with excellent growth potential. "For example," he continues, "We just leased a pre-built suite at 1359 Broadway to another financial service firm, Cambridge Mercantile Group." Robert Silver and Anthony Sciacca of Newmark Grubb Knight Frank represented FLSV in the lease negotiations. William Cohen, Ryan Kass, Neil Rubin and Andrew Weisz, also of Newmark Grubb Knight Frank, represented the landlord.
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