Raskob and Lippman of Kaufman Org. secure lease renewals: 9,791 s/f

Barbara Raskob and Walter Lippman of the Kaufman Organization secured three renewal leases totaling 9,791 s/f at the Nelson Tower, located at 450 Seventh Ave. Asking prices for all transactions were in the high $40s per s/f. Steve Kaufman of The Kaufman Organization represented the landlord in the following transactions: * Pierre of Paris, Ltd., signed a six-year lease renewal for 585 s/f. Lippman represented the tenant. * Schaeffer & Krongold, attorneys at law, signed a five-year lease renewal for 8,267 s/f. Raskob represented the tenant. * United Computer Sales of NY. Inc., a printer distributor specializing in IBM/RICOH products, signed a five-year lease renewal for 941 s/f. Lippman represented the tenant. 450 Seventh Ave., located in the Fashion District has 24-7 on-site security and management. Tenants include the Citibank, the Metropolitan Transportation Authority, and Stuart Dean restoration services. The Kaufman Organization, with over 75 years experience and 6.9 million s/f of owned or managed space, has long been considered one of the most prominent and well-respected real estate companies in the New York metropolitan area. The company offers a fully integrated spectrum of leasing and management services to diverse owners and tenants and is continually looking to build its portfolio through property acquisitions.