Two new leases at 199 Water St. are bringing Jack Resnick & Sons’ 1.1 million-square-foot tower to 100 percent occupancy.
BGC Partners is converting a sublease of 79,990 square feet to a 15-year direct deal as of Jan. 1, 2015. The parent of Newmark Grubb Knight Frank, and an affiliated company of Cantor Fitzgerald, occupies the entire 18th and 19th floors of the 35-story building.
South Street Seaport operator The Howard Hughes Corp. will move to the entire 28th floor in a new 10-year 36,985-square-foot lease. The nationwide company is currently redeveloping the adjacent Pier 17 and replanning the look of the entire Seaport. These offices will house its East Coast headquarters.
Resnick spent two years concentrating on the lease up of a 432,483-square-foot block being given up by Wells Fargo at the end of 2014 that included the subleased BGC space.
Allied World Assurance Co., Western Union, Epsilon Data Management and W2O Group have also signed deals.
Hal Stein and Michael Ippolito of Newmark Grubb Knight Frank represented BGC Partners, while Gerry Miovski of CBRE Group represented The Howard Hughes Corp.
The Cushman & Wakefield team of John Cefaly and Robert Constable worked alongside Brett Greenberg and Dennis Brady of Jack Resnick & Sons on both deals and in overseeing the two-year leasing program. Asking rents at the property were in the high $40s.
Since Sandy hit the corridor, Swanke Hayden Connell has redesigned the lobby, relocating its new mechanical systems upward, and has a floodgate system ready to be deployed.
Tory Burch will set up in 2,336 square feet next to Burberry at Brookfield Place in a deal in which the designer was represented by Charles “Chuck” Gervais of GCD Consultants. Ed Hogan of Brookfield worked the deal for the developer. The last three spots have asking rents of $500 per square foot as Brookfield Place gets ready for the March 2015 grand opening.
In a Dumbo success story, Huge, a digital agency with digs at 45 Main St., is expanding to 80,000 square feet.
Huge began small in 1999, when its founders worked out of a nearby apartment. They leased 2,500 feet at 45 Main in 2006, bumped to 33,000 feet in 2009 and 55,000 feet in 2011.
Now, the agency, which counts Under Armour, Target Weddings and NYC.gov among its clients, will keep its current second floor and expand to the entire third floor in the deal negotiated by Shannon Rzeznikiewicz of JLL.
In July 2006, owner Two Trees Management was asking in the $20s per square foot. Today, according to Dan Conlon, its director of leasing, rents range from the low $40s to low $50s per square foot and the majority of its entire portfolio of tenants lease fewer than 5,000 square feet.
The YAI Network has subleased 8,449 square feet on the second floor of 310 Lenox Ave. from the Success Academy. The asking rent was in the mid-$40s per square foot.
For the past three decades, YAI has been located at 320 W. 13th St., where it provides services for people with developmental disabilities and their families.
Eileen Eck and Andrew Udis of ABS Partners represented YAI Network while Kenneth Salzman of Lee & Associates worked on the sublease for the Success Academy Charter Schools. The building itself is owned by the NBA Players Association.
Artists & Fleas will be opening an annex for a supersized holiday market in Williamsburg starting Nov. 1 from 10 a.m. to 7 p.m. every day.
To get the room, the decade-old artists, designers and vintage market leased the 2,500-square-foot warehouse at 66 N. 7th, right next to its current market at 70 N. 7th, enabling it to showcase 100 vendors at A&F Williamsburg.
Currently, A&F runs a permanent daily market at Chelsea Market; has an upcoming vintage-only fall weekend in NoLita at 201 Mulberry on Nov. 8 and Nov. 9 from 11 a.m. to 7p.m.; and a market on the third weekend of the month in LA’s Arts District at 647 Mateo St.
In early 2015, founders Ronen Glimer and Amy Abrams will redesign the Williamsburg annex and seek a permanent space in LA.
Developer Larry Silverstein and architect Robert A.M. Stern hosted the “Larry and Bob Show” as they gave tours of the new 30 Park Place residence sales office at 7 World Trade Center and showed off a two-minute film of them driving around in a limo and recalling their youths in Brooklyn.
The building, which fits like a white glove into the 1930s skyscraper personas of old New York, is already 50 percent sold out, with two of its 11 penthouses in contract.
Its priciest duplex penthouse will be $60 million and will, as Stern said, look down on the Woolworth Building’s still-unspoken-for $130 million multilevel penthouse next door.
Four Season Hotels & Resort Senior Vice President and Co-Head of Residential Paul White also took part in the presentations, with his company decorating the model apartments in the same scheme as the upcoming hotel rooms.
Stern at one point compared buildings to dating, quipping that there are some “that shouldn’t get a second date.” This is not one of them.
Construction at the Tappan Zee Bridge just got more interesting with the addition of the giant “Ichabod Crane” just in time for a Sleepy Hollow Halloween.
Using the Left Coast Lifter, as it was known in San Francisco, will save $1 billion in construction costs. Even so, the state is struggling to come up with a financing plan — which would include a newly announced infrastructure bank — that does not involve sky-high future tolls.
Rep. Nita Lowey (D-NY), who told us she has been working on a replacement for much of her 25 years in Congress, was in Piermont to greet its Hudson River arrival as tugboats sprayed water and American flags flew in the breeze. “The crane is amazing,” she said in awe.
