News: Brokerage

Gang, O’Toole & Waldman of Lee NYC execute lease for BerlinRosen: 7,000 s/f

Manhattan, NY Gregory Gang, executive managing director/principal, Catherine O’Toole, executive managing director/principal, and Ari Waldman, director of Lee & Associates NYC have arranged a six-and-a-half-year, 7,000 s/f sublease on the fourth floor at 15 Maiden Ln. for BerlinRosen. 

The public relations and strategic communications firm is already an anchor tenant at 15 Maiden Ln., with office space currently spread across the 11th, 15th and 16th floors. This new partial fourth floor lease represents an addition to their existing office space in the building.

With offices in New York City, Los Angeles and Washington D.C., BerlinRosen offers a variety of public relations services including public affairs, media training, campaign consulting as well as digital and social media. Their clients work across industries with some examples being Samsung, Cornell University, Lyft and the Waldorf Astoria.

“BerlinRosen had found a perfect fit at 15 Maiden Ln. but the growing team needed more space,” points out Gang, who represented the sublandlord along with O’Toole. “Their staff will now be able to enjoy 7,000 s/f of additional space as well as all of the building amenities and conveniences of the Financial District location, to which they have become accustomed.”

The subtenant, BerlinRosen, was represented by Ari Waldman of Lee NYC. The building owner is Heller Properties. BerlinRosen will move into the fourth floor space in spring 2019. Asking rents in the building are $42 per s/f.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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
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.
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