All Posts Tagged With: "Newmark Knight Frank"

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Law Firm Pays $90 s/f at BXP’s -EB 7 Times Square

The law firm Hiscock & Barclay signed a four-year lease earlier this week for 12,500 square feet of space at Boston Properties’ 7 Times Square (Times Square Tower), which is currently seeking a LEED for Existing Buildings rating from USGBC. The firm is actually subleasing the space from another law firm- Brown Rudnick- and will pay approximately $90 per square foot. The 47-story, David Childs-designed Times Square Tower opened up back in 2004 without an anchor tenant after the Arthur Andersen implosion.

Popularity: 12% [?]

17Jul2008 | Stephen Del Percio | 0 comments | Continued
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Law Firm Purchases Manhattan’s “Original” Green Building for $70M

700 Broadway calls itself New York City’s “original” green building; the 10-story, 100,000-square-foot tower dates from 1891 and is the former home of the National Audubon Society, which purchased the building in 1989 while it was abandoned during a much seedier era in the Village. The organization sold the building in 2006 to the Lincoln Property Company for $53 million and (as we wrote about recently) moved earlier this year to the seventh floor of 225 Varick Street. The Audubon Society has outfitted that space with a number of green design features in pursuit of a LEED-CI Platinum rating from USGBC. Oddly enough, a local plaintiffs’ law firm that has likely made millions prosecuting claims arising out of exposure to decidedly non-green building materials such as asbestos and lead paint has purchased 770 Broadway for $70 million.

Popularity: 30% [?]

8Jul2008 | Stephen Del Percio | 2 comments | Continued
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Monday LEEDoff: Bank Inks Sublease at –EB Tower in Midtown

In addition to its 250 West 55th Street project that will aim for LEED Gold, Boston Properties is currently pursuing LEED for Existing Buildings (”LEED-EB”) certification for two of its Manhattan office buildings –Times Square Tower (1 Times Square) and 599 Lexington Avenue (between East 52nd and 53rd Streets). Designed by architect Edward Larrabee Barnes, Boston Properties built the 47-story 599 Lexington back in 1986. Last week, the real estate investment bank Savills Granite (formerly Granite Partners) subleased 18,000 square feet on 599 Lexington’s 36th floor, requiring additional office space after a recent merger with London-based property manager Savills.

Popularity: 8% [?]

5May2008 | Stephen Del Percio | 0 comments | Continued
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