Swig Equities and 48 Wall Street in Citybiz

Citybiz Real EstateSitus Holdings Lease Brings 48 Wall St to 88 Percent Occupancy

48 Wall Street

Swig Equities, LLC has signed Situs Holdings, LLC to a new, 13,650 square foot lease for the entire 14th floor at 48 Wall Street in New York.

The lease brings the building to 88 percent occupancy.

Situs Holdings was represented by Cushman & Wakefield brokers Joseph Fabrizi and William Overlock in this lease transaction. The landlord was represented internally by Jonathan J. Dean of Swig Equities.

48 Wall Street is a 34-story, 324,000-square-foot office tower built in 1927. It was previously occupied by The Bank of New York.

Swig Equities, LLC, in association with Kirkpatrick MacDonald of MacDonald & Cie, acquired the property and land in March of 1998, becoming the third owners of the property since the land was conveyed from the Dutch to the British and then to The Bank of New York in 1796.

Other major tenants at 48 Wall Street include Rockefeller Center Business Centers, which leases 41,000 square feet, Conway, Farrell, Curtin & Kelly P.C., which occupies more than 17,000 square feet, and D.F. King, which occupies 26,000 square feet.

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