Peretz, Baraf and Braun of C&W rep. White Fleischner & Fino in lease
Cushman & Wakefield has completed a lease with White Fleischner & Fino LLP, an insurance and civil litigation law firm, which will relocate to 22,500 s/f at 61 Bdwy. The law firm will move from 140 Broadway.
White Fleischner & Fino signed a 10-year lease for the entire 18th floor of 61 Broadway, located on the Northwest corner of Exchange Alley in the Financial West submarket of downtown Manhattan.
Cushman & Wakefield brokerage professionals Andrew Peretz,Robert Baraf and Steven Braun represented White Fleischner & Fino in its site search and in lease negotiations with the landlord, Broad St. Development.
The building owner was represented by Daniel M. Blanco, principal of Broad St. Development and Jill Burrowes, leasing associate for the organization's Commercial Leasing team.
"White Fleischner & Fino remains committed to downtown Manhattan," said Peretz, an executive director in Cushman & Wakefield's downtown office. "This move to 61 Bdwy. positions the firm for its next decade of growth."
Built in 1916, 61 Bdwy. is a 33-story, 650,000 s/f office tower located in downtown Manhattan's business district. The property, currently 95% occupied, serves as executive headquarters to a wide-range of prominent organizations telecommunications giant Verizon, labor union Professional Staff Congress and the National League of Nursing. The building attracts a variety of companies from small space users requiring pre-built and immediate occupancy opportunities to larger firms looking for flexible, contiguous space in the Downtown market and spectacular water and city views.
"We are thrilled to have such a prominent firm as White Fleischner & Fino join our tenant roster at 61 Broadway, a building in great demand in the Downtown district," said Blanco. "New tenants continue to be drawn to this property for its location, superior infrastructure and technological capabilities, and the great office opportunities available at the property."
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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