News: Brokerage

JEMB Realty signs Philo TV to new 8,100 s/f lease at 1 Willoughby Sq.

Brooklyn, NY JEMB Realty has signed an 8,100 s/f lease with Philo TV at 1 Willoughby Sq. (1WSQ).

A CBRE team consisting of Paul Amrich, Neil King, Zachary Price, Alex D’Amario and James Ackerson represented JEMB. Philo TV was represented by Catherine Vilar of the Kaufman Organization.

San Francisco-based Philo TV, a streaming service, has signed on to occupy 8,100 s/f on the 18th floor. This represents Philo TV’s first official New York City office.

Philo TV was attracted to 1WSQ for its LEED certifications, outdoor spaces, city views, and the ability to utilize the Abolitionist Place park at the base of the building.

“This is Brooklyn’s premier office destination and it’s attracting very high-quality tenants, even in a difficult market,” said Paul Amrich of CBRE. “1 Willoughby Square has set a new standard for office space in Brooklyn and its success is proof of that.”

Internationally recognized for its stand-out industrial loft-style design executed by anchor tenant FXCollaborative, 1WSQ was built to trophy-quality standards with incredible attention to detail. The brick façade at 1WSQ is fashioned in a pleated pattern boasting a shade of blue that is a decidedly “New York blue” and was executed to maximize the building’s interaction with daylight while linear windows give the building a timeless industrial aesthetic reminiscent of the borough’s roots.

The building’s lobby features 30-ft. ceiling heights with floor-to-ceiling glass, as well as a touchless entry sequence and high-end finishes. The suite of amenities on the 16th floor at 1WSQ includes a tenant lounge, conferencing facilities and communal outdoor space with views of the Manhattan skyline.

FXCollaborative, the architect behind 1WSQ, occupies 40,000 s/f of triplex space and relocated to the building after 40 years in its Manhattan office. Its offices were the first in New York City to achieve LEED Platinum certification for Interior Design and Construction Commercial Interior with the highest score in the country.

MORE FROM Brokerage

Century Cricket Centre to open first U.S. location near Bryant Park in 14,000 s/f lease

Manhattan, NY Century Cricket Centre, an Australian-backed indoor cricket and sports-tech concept, will open its first U.S. location in a 14,000 s/f at 25 W. 39th St. near Bryant Park following a 15-year lease arranged by Lee
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

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.
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,