OPEN Access expands its reach to close the racial knowledge and access gap in community development finance with annual fellowship

New York, NY After two successful years, Open Access, an independent 501(c)3 aimed at increasing diversity, equity & inclusion in community development finance, an industry that serves many Black and Latinx communities but remains grossly underrepresented by diverse professionals, is expanding its reach in terms of career focus, geography, and sponsorships as it launches its third annual program.

JLL arranges 40,240 s/f lease at Minskoff’s Midtown trophy

Manhattan, NY JLL has arranged a 40,240 s/f lease of premier office space at 1166 Ave. of the Americas,for Axis Insurance. The 44-story skyscraper occupies the entire block front of Ave. of the Americas between 45^th and 46^th St. in Midtown. Axis Insurance will relocate from 1211 Ave. of the Americas in Q4 2023, to occupy the entire 17^th floor of the property.

Cresa brings 777 Partners to Posh Penthouse offices at One Madison Avenue

Manhattan, NY Cresa Global Inc. (Cresa) managing principal Peter Sabesan and principal Gregg Cohen have arranged a 15-year lease for the new 18,476 s/f New York City headquarters of 777 Partners at One Madison Ave., a premier office tower being developed by SL Green Realty Corp.

The Feil Organization signs four leases totaling 19,024 s/f at 261 Fifth Avenue

Manhattan, NY The Feil Organization has signed four leases totaling 19,024 s/f with a variety of tenants at 261 Fifth Ave., an unparalleled office building in the NoMad submarket. Biologique Recherche USA (B.R. USA) renewed its lease and expanded its footprint by 70%, while several new tenants, including Grasshopper Bancorp, Inc., Fleurish NYC and Bold PR LLC, were welcomed to the building.

GFP Real Estate arranges leases at 505 Eighth Ave. totaling 10,857 s/f

Manhattan, NY GFP Real Estate, LLC arranges three new lease transactions totaling 10,857 s/f at 505 Eighth Ave. “We’ve seen a lot of leasing activity in the Garment District, including long-term renewals of tenants extending their leases as companies begin looking past COVID, workers return to the office and retail traffic continues to pick up,” said Allen Gurevich, senior managing director of GFP Real Estate.

Anyword signs 4,924 s/f lease at ATCO Properties & Management’s 240 West 35th St.

New York, NY ATCO Properties & Management has arranged a lease for data-driven artificial intelligence (AI) copywriting platform. Anyword has signed a 4,924 s/f lease at 240 West 35^th St., an 18-story, 165,000 s/f class A office building in the Garment District.

Helmsley Spear arranges lease For 420 Fifth Ave. with City Souvenirs USA

Manhattan, NY Helmsley Spear, LLC has represented City Souvenirs, USA in the new lease located at 420 Fifth Ave. The space covers 2,240 s/f of rentable retail s/f.

The Olayan Group welcomes Junto Capital Management to 550 Madison Ave. with 25,000 s/f lease

Manhattan, NY The Olayan Group represented investment advisory firm Junto Capital Management in a lease for 25,000 s/f at 550 Madison Ave., the landmarked office building located between East 55^th and 56^th streets.

Good+Foundation expands offices at 307 West 36th St.

Manhattan, NY GFP Real Estate, LLC represented the Good+Foundation, a nonprofit founded by Jessica Seinfeld in 2001 that “works to dismantle multi-generational poverty by pairing tangible goods with innovative services for low-income fathers, mothers and caregivers, creating an upward trajectory for the whole family,” in a five-year lease for 10,250 square feet at 307 W. 36th St. in Manhattan’s Garment District.

United Federation of Teachers to relocate Bronx office to Co-op City

Bronx, NY JLL arranged the United Federation of Teachers (UFT) lease of 45,000 s/f office space at 2100 Bartow Ave., a four-story office building in the Co-op City area. The UFT, which represents nearly 200,000 active and retired teachers and other professionals, will relocate its Bronx office from 2500 Halsey Ave. to occupy a portion of the fourth floor of the building, which was developed by Prestige Properties as part of the two-million-square-feet mixed-use Bay Plaza development.