Manhattan, NY Lee & Associates NYC completed a new office lease for Daniel Romualdez Architect P.C. at 10 East 40th St. in Midtown. The architecture and interior design firm signed an 11-year lease for 5,670 s/f on a portion of the 32nd floor of the building.
The landlord, an entity controlled by Joseph P. Day Realty Corp., was represented by Matt Livingston, Theodora Livadiotis and Caroline Collins of Cushman & Wakefield. The tenant was represented by Woody King and Todd Korren of Lee & Associates NYC.
The new space features 16-ft. ceilings and eastern, western and southern exposures with views stretching to the World Trade Center. The layout and architectural character aligned with the tenant’s search for a bright, high-floor creative environment reflective of its design-focused practice.
“Daniel Romualdez Architect was seeking a space that matched the caliber and sophistication of the firm’s work,” said Korren. “After an extensive search, 10 East 40th St. stood out for its exceptional ceiling heights, natural light and panoramic city views, all within a highly efficient floorplate in the heart of Midtown.”
“We continue to see strong demand from architecture, design and creative firms seeking unique office environments that inspire both employees and clients,” said King. “This space offered a combination of character, functionality and location that is increasingly difficult to find in today’s market.”
Daniel Romualdez Architect P.C. is internationally recognized for its refined residential, hospitality and commercial projects. The firm’s work spans homes, offices and retail spaces for prominent clients across the worlds of fashion, business and culture, and is known for blending traditional elegance with contemporary comfort.
The tenant is expected to move into the space in August 2026.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,