Lease Deals of the Week: Michael Kors Keeps 203K SF

The top five leases in New York City from March 4 to March 8

reprints





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

Michael Kors

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

NYU Langone Health

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

CIM Group

Landlord: Newmark’s Peter Whitenack. Tenant: Open Impact Real Estate’s Stephen Powers, Lindsay Ornstein, Jake Cinti and Julia Fish

Retail

Thirty Madison

15,440

183 Madison Avenue

Relocation

APF Properties

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.

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