News: Brokerage

Norman Bobrow reps Reidy Contracting Grp. in new 7,723 s/f lease

New York, NY Norman Bobrow & Co. signed a lease for Reidy Contracting Group at 58 West 40th St., the “Banks Building” across from Bryant Park for 7,723 s/f.

Michael Nazarian and Matt Kashani of Norman Bobrow & Co. represented Reidy and Laura Belt Ponomarev represented the landlord, John Belt of 58-64 40th St. Corp., in-house.

Reidy Contracting Group, which is doubling its space and expanding their business, will occupy the entire second floor. The lease is for ten years.

Reidy moved from 120 West 31st where they occupied 4,000 s/f.

“After seeing many spaces this was their number one choice in efficiency and size,” said Nazarian. “Reidy loved the character of the building, its views and premiere location opposite Bryant Park.”

Reidy Contracting Group is a one of the city’s top general contracting companies with projects for corporations, schools, hotels, retail, media, residential and health and fitness.

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