RFR completes six new leases comprising 28,111 s/f at 17 State St. in Downtown

April 20, 2021 - New York City

New York, NY RFR has completed six new leases at 17 State St., a 42-story, 571,000 s/f trophy office tower in Lower Manhattan. Ranging from financial services to healthcare technology and accounting firms, the six firms will account for a total of 28,111 s/f of new office leases at 17 State St. ABR Dynamic Funds, SHS Asset Management L.P., Samson II Corp, Edward Roberts LLC, Protax Services Corp and Robert Wisniewski P.C. will join the diverse tenant roster at the iconic office tower. RFR was represented in-house by AJ Camhi and Ryan Silverman in each of the transactions.

“The building’s downtown location across the street from Battery Park with 25 acres of open green space and waterfront, its sweeping water views of the New York Harbor and Statue of Liberty and convenient access to transportation continues to attract strong tenants,” said AJ Camhi of RFR. “The building offers stunning office space. A flight to quality is underway as we see an upward trajectory of firms bringing employees back to work.”

ABR Dynamic Funds secured 5,000 s/f of space at 17 State St. Founded in 2015, ABR is a global quantitative investment management firm relocating from 48 Wall St. Andrew Coe of JLL represented the tenant.

“As ABR Dynamic Funds continues to grow exponentially, it was important that we find a Class A building in a highly desirable location with enough space to meet our future growth goals,” said Taylor Lukof, founder and CEO of ABR Dynamic Funds. “RFR has provided us with a great space to expand our company, but beyond that, we also wanted to bet on New York City and its diverse pool of talent while having an influential role in the post-pandemic comeback.”

Samson II Corp, founded by Steven Markowitz, provides working capital to mid-sized companies and leased 6,181 s/f of space, relocating from 90 John St. Andrew Roth of Somerset Real Estate represented the tenant.

Additional leases include asset management firm, SHS Asset Management L.P., which signed a 5,138 s/f lease and healthcare-focused import and export company Edward Roberts LLC, which took 5,548 s/f of space at 17 State (Richard J. Bailey of Kassin Sabbagh Realty represented the tenant). Protax Services Corp, and independent attorney Robert Wisniewski P.C. also secured space at 17 State St., moving from 101 Greenwich St. and 40 Wall St., respectively.



Add Comment

More from the New York Real Estate Journal