Front Section
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 55th and 56th 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.