Glickman, Chudnoff, Wasserberger, Biasotti, Bass of JLL rep owner SL Green in 17,000 s/f lease

New York, NY JLL has completed a new, direct transaction with Compass for building owner SL Green Realty Corp. at 10 East 53rd St. The residential brokerage firm leased 17,000 s/f at the class A, 390,000 s/f commercial office building. The building owner was represented by Paul Glickman and Alexander Chudnoff, vice chairmen; Cynthia Wasserberger, managing director; Diana Biasotti, senior vice president; and Benjamin Bass, vice president, all with JLL. Compass was represented by Mark Mandell, executive vice president, and Ethan Silverstein, senior director, with Cushman & Wakefield Inc. “SL Green recently completed a spectacular, multimillion-dollar, building-wide redevelopment of 10 East 53rd St.,” said Glickman. “We worked closely with ownership to structure a transaction for two contiguous floors for the residential brokerage firm at the office property. The trophy building is located in the heart of the Plaza District and offers terrific access to the surrounding neighborhood, along with great views.” Compass signed a 10-year lease and will occupy the 16th floor and 17th floor at 10 East 53rd Street, which is located between East 52nd and East 53rd Sts. between Fifth and Madison Aves. The residential brokerage firm is relocating to the office tower from Park Ave. The 37-story 10 East 53rd St. was designed by Emery Roth & Sons and constructed in 1972. Building owner SL Green recently completed a $50 million capital improvement program at the office tower that included a new plaza and retail storefronts, a new lobby featuring an art exhibit, and new elevators and building infrastructure. The building was recently certified as Wired Certified Gold by WiredScore.