Manhattan, NY According to Edward J. Minskoff Equities (EJME) and JLL, financial technology platform Intuit has completed a 10-year expansion lease for 77,000 s/f of office and retail space at 51 Astor Pl., the Fumihiko Maki-designed office.
Intuit makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp. Intuit currently occupies the full third floor in 51 Astor Pl. and will expand to the full fifth, sixth and seventh floors, as well as a portion of the ground floor retail space, for a total occupancy of 115,000 s/f. The fifth-floor space features a terrace for exclusive use by the tenant, which, along with the 14 ft. slab heights with floor-to-ceiling windows throughout and the ground floor private entrance/experiential center, will create a workspace for Intuit’s team of employees in New York City.
51 Astor Pl. is a 400,000 s/f mixed-use property that is in the East Village amid fine dining, hotels and entertainment destinations.
The LEED-Gold property features an art program, including Jeff Koons’ “Balloon Rabbit” and Keith Haring’s “Self Portrait.” Additionally, EJME has completed an amenity center inclusive of a tenant-only lounge, conference center, fitness center, bike storage and lockers/showers.
EJME is a developer, owner and manager of institutional quality real estate nationally. JLL leasing professionals Paul Glickman, vice chairman; Mitchell Konsker, vice chairman; Benjamin Bass, vice chairman and Cynthia Wasserberger, vice chairman, represented EJME. The tenant was represented by JLL’s tenant representation team of Bart Lammersen, executive managing director; Justin Haber, executive managing director; and Kyle Riker, managing director. Jeffrey Sussman, executive vice president, and Matt Pynn, vice president, represented EJME in-house.
“51 Astor Place is the premier office destination providing a superior work environment amid a dynamic and energetic, 24/7 neighborhood,” said Edward J. Minskoff. “We are excited to support Intuit as it continues its growth in New York City.”
“51 Astor Place is a market-leading asset with best-in-class ownership and the highest-quality tenant services and amenities,” said Glickman. “This is an ideal property for employers seeking to attract and engage talent in a competitive market.”
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