Avison Young arranges 37,400 s/f lease on behalf of Dandy

Manhattan, NY Avison Young has arranged a 37,400 s/f seven-year lease on behalf of Dandy, a dental technology company, for its first permanent headquarters at 22 Cortlandt St. in the Financial District. After initially leasing 18,700 s/f on the 30^th floor in October 2025, Dandy doubled its footprint with an additional 18,700 s/f on the 31^st floor in December 2025. The two floors are connected by an internal staircase, providing operational efficiency.

Avison Young senior director Peter Johnson and director Alexis Odgers represented Dandy. Barrett Stern of B Stern CRE LLC represented the landlord, Mayore Estates LLC and 80 Lafayette Associates LLC.

The transaction reflects Dandy’s evolution from flexible coworking environments to a purpose-built headquarters designed to support scale, collaboration and brand identity in the heart of Downtown Manhattan. Dandy has been recognized as a LinkedIn “Top Startup to Watch” and a Built In “Best Place to Work”, underscoring the company’s strong culture, growth trajectory and national profile.

“Like many fast-growing companies, Dandy needed to balance flexibility with long-term operational efficiency and their new space at 22 Cortlandt offers a permanent, scalable headquarters that’ll allow the company to grow without disruption while consolidating its workforce under one roof,” said Johnson. “As a nationally recognized employer known for its culture and people-first approach, Dandy’s presence reinforces Downtown Manhattan’s appeal to top-tier talent and high-growth companies investing long-term in their teams.”

“Dandy’s success starts with our people and this new office at 22 Cortlandt gives us a space that truly supports collaboration and culture, aligns with our rapid growth plans and strengthens our ability to attract and retain top-tier talent in New York City,” said Dandy co-founder Daniel Hanover.

Technology companies’ share of leasing activity surged from 9.3% in 2024 to 14.7% in 2025, highlighting a meaningful rebound after a couple years of contraction according to Avison Young’s Q4 Manhattan office market report. The industry has also seen strong return-to-office momentum with 80.7% of pre-pandemic foot traffic activity as of the end of 2025, the fourth busiest industry in Manhattan, according to Avison Young’s Office Busyness Index.