Spitalnick and Markowitz of Muss Development arrange three leases - 17,000 s/f

Muss Development has signed three new leases at 60 Bay St. totaling 17,000 s/f. The 10-story, class A office building is located next to the new $220 million, 182,720 s/f courthouse under construction and due to open in 2012. The Legal Aid Society expanded its presence at 60 Bay St., leasing the entire 11,277 s/f second floor. In addition to its existing third-floor space, the agency will now occupy 20,000 s/f of combined space in the building. The 14-year expansion will run co-terminus to the existing lease. The U.S. Dept. of Veterans Affairs signed a five-year, 3,771 s/f lease on the ground floor. Court reporting services firm Jay Dietz & Associates also took space in the building, having signed a 10-year 2,000 s/f lease on the eighth floor. Ross Spitalnick and Stan Markowitz represented landlord Muss Development in-house on all three transactions. Michele Freeman and Christopher Mansfield of CB Richard Ellis represented The Legal Aid Society, while Del Smith of JDSA Real Estate, and Rob Sattler of Newmark Knight Frank, jointly represented the Staten Island Veterans Center. Jay Dietz was represented internally. "High-end office tenants see tremendous value at 60 Bay Street, which offers incredible light and views, renovated systems and convenient access throughout the tri-state region," said Jason Muss, Principal, Muss Development. "And with the tremendous new courthouse set to open nearby, legal sector interest in 60 Bay Street has increased substantially, and we expect that activity to increase. The location in Staten Island is a particular draw." Situated just one block from the Federal and N.Y. State Courts, Borough Hall, the rapid transit hub and the Staten Island Ferry, the 113,692-square-foot 60 Bay Street is only 15 minutes from lower Manhattan, with convenient access to Brooklyn and New Jersey. The building has a staffed lobby, valet parking, an enclosed parking garage and new high-speed elevators. The building is also equipped with high-speed Internet access, web hosting and a choice of telecommunications providers. Among other tenants in the building are the New York City Department of Environmental Protection, the New York City Transit Authority and several prominent law firms, including Angiuli & Gentile.