News: Brokerage

Genovesi and Harte of Savills Studley represent Bliss spa in relocation to 200 Vesey Street

Bliss, the renowned spa service, beauty and skin care retailer, is relocating its corporate headquarters to 200 Vesey St. Savills Studley, the leading commercial real estate services firm specializing in tenant representation, advised the company in the 10-year transaction. Savills Studley executive managing director Joseph Genovesi represented Bliss, along with assistant director John Harte. "Bliss' upcoming lease expiration provided a perfect opportunity for the company to reevaluate their real estate needs and consider alternative options. They remain committed to Downtown Manhattan and were excited to find a better overall value and amenities within Brookfield Place," Genovesi said. According to Genovesi, Bliss will be moving into a top flight office center with 300,000 s/f of new retail space and connectivity to the transit system. In addition, the Bliss offices will be fully renovated according to the company's direction and provides outstanding river and marina views. Harte said, "Despite increased activity in the Downtown market, there are still reasonable opportunities for tenants to find space in class A properties like Brookfield Place." Currently located at 75 Varick St., Bliss is expected to relocate in May, 2015. The landlord, Brookfield Properties, was represented in-house by David Cheikin and Clayton Kline along with John Wheeler of JLL.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,