The nine buildings that comprise the W&H Properties portfolio have leased an aggregate of more than 300,000 s/f in the third quarter of 2007, according to Fred Posniak of W&H.
More than half of the total represents new leases and expansions by such notable firms as Lufthansa (Empire State Building), Brennan Beer Gorman Architects (Empire State Building), the Hertz Corporation (250 West 57th St.), Excelled Sheepskin & Leather Coat Corp. (1400 Broadway), Coverclicks (112 West 34th Street), the law firm Napoli Bern (Empire State Building), Hudson Valley Bank (112 West 34th Street), and Jump Apparel, Inc. and Pipeline Financial, which nearly doubled their spaces at 1400 Broadway and The Lincoln Building, respectively.
The W&H brand includes five recent additions to the portfolio: the Empire State Building, 1333, 1350, and 1400 Broadway and 112 West 34th St., along with the four original portfolio members: The Lincoln Building (60 East 42nd St.), 250 West 57th St., 501 Seventh Ave.and 1359 Broadway.
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.
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.
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