News: Brokerage

Friedman of Lee & Associates NYC arranges 65,068 s/f lease

Alan Friedman, Lee NYC

New York, NY Alan Friedman, executive managing director, of Lee & Associates NYC has arranged a 15-year, 65,068 s/f lease on the entire 31st and 32nd floors at Vornado Realty Trust’s 909 Third Ave., a 33-story building, for the headquarters of Sard Verbinnen & Co (SVC), a leading strategic communications firm with eight offices in the United States, Europe and Asia. The firm is moving its New York office from a 50,000 s/f space at 630 Third Ave. in the Grand Central market.

“With eight offices in key markets around the world, SVC has a global reach,” said Friedman, who represented the tenant. “This new lease will enable SVC to meet their current and future needs, which is essential in light of their continuing growth.”

SVC offers an array of communications services including corporate positioning, mergers and acquisitions, crisis communications, public affairs, corporate governance, litigation support and investor relations. Founded in 1992, the firm has more than 200 employees.

Vornado Realty Trust was represented in-house by Edward Riguardi and Ryan Levy.

MORE FROM Brokerage

Law Firm Nutter expands space to 11,438 s/f at 5 Grand Central East

Manhattan, NY According to the Durst Organization, full-service law firm Nutter is expanding their office at 5 Grand Central East to 11,438 s/f. Nutter will take the entire 25th floor, in addition to renewing the firm’s existing office space on the 27th floor of the building.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of