News: Brokerage

Newmark Knight Frank brokers leases for Getty Images and Oscar Health; Cushman & Wakefield assists

Manhattan, NY According to Newmark Knight Frank (NKF), Getty Images will relocate to 195 Broadway from 75 Varick in Hudson Sq. Getty will occupy the entire 42,000 s/f 10th floor of the class A landmarked office building as a sublease with Sizmek. 

NKF senior managing director Daniel Levine represented Getty, while Justin Royce at Cushman & Wakefield represented Sizmek. 

NKF arranged for Oscar Health to take over the balance of Getty’s lease term as a subtenant. Oscar was represented by NKF president New York Tri-State Region David Falk and senior managing director Jason Greenstein. 

Getty Images currently occupies the entire 5th floor at 75 Varick – 78,000 s/f. NKF worked simultaneously with the Getty team to negotiate a sublease at 75 Varick while also working on a relocation to 195 Broadway. 

“The challenges we faced were finding the perfect space that fits Getty’s needs and would be available for possession in a timely fashion,” said vice president, treasury, investor relations and facilities at Getty Images, Patrick O’Shaughnessy. “We were focused on highlighting Getty’s revitalized brand and were persistent in finding a space that matched the needs of their growing aesthetic, functionality and overall business goals. 195 Broadway checked all the boxes and offered them a fresh start.”

Getty’s space at 195 Broadway is newly renovated and fully furnished, with an original floor built by Rocket Fuel. Located in the heart of the financial district, 195 Broadway neighbors iconic buildings like City Hall and the World Trade Center, which also boasts fine dining and luxury shopping at Brookfield Place. 

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