HelmsleySpear, LLC, America’s oldest continuously operating real estate firm that was founded in 1866, is pleased to announce that Gregg Slotnick has completed three new leasing transactions in Manhattan’s FiDi (Financial District) and Midtown East submarkets, totaling nearly 18,000 square feet. These leases were announced by Kent M. Swig, President of HelmsleySpear.
“We are very pleased that HelmsleySpear is reestablishing itself as a leasing deal maker in prime New York City commercial markets. We expect to see additional leasing activity in FiDi and throughout Manhattan in the coming months,” said Kent Swig.
Gregg Slotnick represented the tenant in all three leases:
International Safety Group, an industry leader in occupational risk management, signed a four year sublease for 10,000 square feet at 708 Third Avenue, and two additional leases were completed in FiDi, which involved a 5,488 square foot lease at 40 Wall Street, signed by Paulson Investment Company, a financial services firm. The lease was co-brokered with Magee Realty Consultants at 40 Wall Street for a five year term. The third lease that was concluded by Mr. Slotnick was with New York City Osteopathy, a medical practice specializing in osteopathic medicine, who renewed their 2,000 square foot lease at 61 Broadway for a five year term.
“We are seeing interest across all industries, from financial firms to medical offices who see the value in conducting business in the FiDi as well as Midtown East office districts, both with close proximity to Manhattan’s major transportation hubs,” said Mr. Slotnick.
Since 1866, HelmsleySpear has been a leader in commercial real estate creating legendary deals that are the cornerstones of the real estate industry and is the oldest, continually operating real estate firm in America. Evolving from a real estate appraisal company to a full-service firm providing highly-skilled, professional performance and bottom-line profitability for its clients, HelmsleySpear provides property owners and users of real estate with a full array of services including: office and retail leasing; property and asset management; capital advisory services; investment sales and financing; project development and construction management; preventative maintenance and engineering; insurance services and appraisal. HelmsleySpear is independently owned and operated with offices in New York City.