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Lease Deals of the Week: Michael Kors Keeps 203K SF
The top five leases in New York City from March 4 to March 8
This week, Michael Kors topped out the largest lease with its 203,000-square-foot renewal at 11 West 42nd Street. Meanwhile, NYU Langone Health grabbed 105,000 square feet of life sciences space at 45-18 Court Square in Long Island City, Queens, for four of its research programs.
Tenant
Sq. Feet
Address
Type
Landlord
Brokers
Asset
203,000
11 West 42nd Street
Renewal
Tishman Speyer and Silverstein Properties
N/A
Office
Betterment (subtenant)
113,000
5 Manhattan West
Relocation
Noom (sublandlord)
Sublandlord and subtenant: Cushman & Wakefield’s Michael Mathias
Office
105,000
45-18 Court Square
New
King Street Properties and GFP Real Estate
N/A
Life Sciences
Bedford Stuyvesant New Beginnings Charter School
51,498
217 North 10th Street
New
Laro Development
Landlord: CBRE’s Jason Frazier and Jesse de la Rama. Tenant: Norman Bobrow & Company’s Josh Berger
Retail
National Museum of Mathematics
27,158
225 Fifth Avenue
Relocation
Landlord: Newmark’s Peter Whitenack. Tenant: Open Impact Real Estate’s Stephen Powers, Lindsay Ornstein, Jake Cinti and Julia Fish
Retail
15,440
183 Madison Avenue
Relocation
Landlord: CBRE’s Sean Kearns. Tenant: Savills’ Gabe Marans
Office
Lease Deals of the Week reflects leases closed or announced from March 4 to March 8. Information on leases can be sent to editorial@commercialobserver.com.
SEE ALSO: Maryland Crime Victims’ Resource Center Relocating to Baltimore
11 West 42nd Street, 183 Madison Avenue, 225 Fifth Avenue, 45-18 Court Square, 5 Manhattan West, 90-10 Ditmars Boulevard, Deals of the Week, APF Properties, CIM Group, GFP Real Estate, King Street Properties, Noom, Silverstein Properties, Tishman Speyer
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