Tuttman of Lee NYC arranges 5,832 s/f lease at 648 Broadway
Peter Tuttman, executive managing director/principal of Lee & Associates NYC LLC, has arranged a 10-year lease for 5,832 s/f on the seventh floor of 648 Broadway, between Bleecker and Bond Sts., for Big Beach Films. The production company behind such independent favorites as Little Miss Sunshine, Sunshine Cleaning and Safety Not Guaranteed will move to the full-floor space in February 2015. Fellow tenants include business video company Sherpa Media, high-end image licensing firm Agency Folio-ID, lifestyle website YouBeauty and Christian Duvernois Landscape/Gallery.
"Leasing the entire seventh floor of the building to Big Beach Films is part of ownership's strategy of offering full floors of 648 Broadway for some of the larger companies involved in the creative arts industries," said Tuttman, who was the sole broker on the transaction.
The building's owner, Franmar Infants Wear Inc., is managed by Sierra Real Estate LLC, an affiliate of Lee NYC. Asking rent was $65 per s/f.
Manhattan, NY 122 Madison Ave.’s half-floor Residence 14 North went into contract for $21.175 million. This was a top deal in the Olshan report and the only deal above $10 million.
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.