New York Office Leases:

• Total New York City Office Class A vacancies increased from 11.80 million RSF to 12.18 million RSF.
• Total vacancy increased from 20.51 million RSF to 20.68 million RSF.
• Total New York City Office direct lease vacancy increased from 17.69 million RSF to 17.86 million RSF.
• Sublease vacancy decreased from 2.83 million RSF to 2.82 million RSF.
• Total New York City Office Market vacancies increased from 20.51 million RSF to 20.68 million RSF.
• Midtown South Office vacancy decreased from 3.08 million RSF to 2.94 million RSF.
• Total Midtown Office vacancy increased from 11.08 million RSF to 11.38 million RSF.
• Total New York City Downtown vacancy increased from 6.35 million RSF to 6.36 million RSF.
• Total vacant Office Space in Midtown New York City in sublease space increased from 1.83 million RSF to 1.86 million RSF.
• Total vacant direct space increased from 9.25 million RSF to 9.52 million RSF.
• Midtown South Office direct lease vacancy decreased from 2.79 million RSF to 2.63 million RSF.
• Sublease vacancies increased from 0.291 million RSF to 0.300 million RSF.
• Total Downtown New York City Office vacancies increased with direct lease space increasing from 5.64 million RSF to 5.71 million RSF.
• Total vacant sublease space decreased from 0.71 to 0.65 million RSF.

NYC Retail Leases:

• Total available New York City Retail Space decreased from 1 million RSF to 0.98 million RSF.
• Midtown South Retail space vacancies stayed at 0.67 million RSF.
• Midtown vacancy increased stayed at 0.19 million RSF.
• In Downtown, retail vacancy decreased from 0.14 million RSF to 0.12 million RSF.

New York Industrial Leases:

• Total vacant New York City Industrial Space decreased from 0.74 million RSF to 0.27 million RSF.
• Midtown Vacancy decreased from 0.55 million RSF to 0.1 million RSF.
• Midtown South Vacancy increased from 0.16 million RSF to 0.17 million RSF.

Manhattan Office Rentals:

• Bank of Tokyo-Mitsubishi UFJ leases 209,000 rsf at 1251 Sixth Avenue.
  The bank signed a deal to lock in its space in the building through 2028.
• iStar Financial leases 130,000 rsf at 1095 Sixth Avenue.
  The financial services firm signed a new lease.
• J&W Seligman and Co. Inc.; Seligman Data Corporation leases 103,300 rsf at 100 Park Avenue.
  The investment management firm and its subsidiary both signed 10-year lease renewals for 90,000 and 13,300 square feet, respectively. The 36-story, 887,489-square-foot Class A building is currently undergoing a $70 million redevelopment.
• Ann Taylor renewed its lease of 94,000 rsf at 1372 Broadway.
• Source Media leases 79,296 rsf at 1 State Street Plaza.
• Porter Novelli leases 72,000 rsf at One Hudson square.
  The public relations firm inked a sublease for the entire sixth floor.
• Emmet, Marvin & Martin leases 64,000 rsf at 120 Broadway.
  The law firm signed a 12-year lease renewal.
• The Harry Fox Agency subleases 47,144 rsf at 601 West 26th Street, Starrett-Lehigh Building.
• Mizuho Trust and Banking Company leases 44,790 rsf at 135 West 50th Street.
• Source Media leases 42,460 rsf at 1 Whitehall Street.
• Oce Business Services leases 41,000 rsf at 460 West 34th Street.
  The corporate services firm inked a 10-year lease for space in the 528,000-square-foot building.
• Polo Ralph Lauren Corp. leases an additional 35,000 rsf at 625 Madison Avenue.
  The fashion company signed a lease renewal.
• GoldenSource Corporation leases 34,290 rsf at 22 Cortlandt Street.
  The global data management firm inked a 10-year lease renewal for space in its current headquarters.
• Computershare Ltd. leases 33,074 rsf at 199 Water Street.
  The securities industry software provider signed a seven-year sublease for the entire 26th floor in an expansion from its previous offices at 17 State Street and 88 Pine Street.
• Crowell & Moring subleased an additional 30,000 rsf at 153 East 53rd Street, Citigroup Center.
• Sunshine Realty Management leases 25,005 rsf at 12-14 Desbrosses Street.
  The commercial real estate firm inked a 15-year lease for the entire building.
• DiMaio Ahmad Capital subleases 23,826 rsf at 245 Park Avenue.
• NBA Properties leases 22,841 rsf at 477 Madison Avenue.
  The licensing and merchandising agent for the National Basketball Association inked a direct lease with the landlord. The tenant will also continue to occupy its headquarters space at 645 Fifth Avenue.
• Fordham University leases 22,000 rsf at 1790 Broadway.
  Fordham signs 10-year lease for its Development Office.
• Lectra USA leases 20,000 rsf at 5 West 39th Street.
  The fashion technology provider inked a 10-year lease in a relocation from 15,000 square feet at 119 West 40th Street.
• De Novo Legal LLC leases 17,500 rsf at 30 Broad Street.
  The legal staffing firm took space.
• Corporate Suites LLC leases 17,250 rsf at 2 Cortland Street.
  n/a
• Withers Bergman subleases 16,400 rsf at 430 Park Avenue.
• Z-Brand leases 15,000 rsf at 42 West 39th Street.
  The fashion company, a subsidiary of Vicstar International, inked an 11-year lease for showroom and office space. The asking rent was reportedly $39 per square foot.
• Uniqlo Design Studio New York subleases 14,265 rsf at 101 Sixth Avenue.
• LS Power leases an additional 12,625 rsf at 1700 Broadway.
  10-year lease
• Polo Ralph Lauren Corp renews lease of 11,856 rsf at 25 West 39th Street.
• Polo Ralph Lauren Corp. renews lease of 11,695 rsf at 550 Seventh Avenue.
• Sargoy, Stein, Rosen & Shapiro leases 11,000 rsf at 1790 Broadway.
  The law firm inked a lease for the entire 14th floor. It is relocating from the 19th.
• Millennium Partners leases 11,000 rsf at 790 Broadway.
  The real estate development company inked a lease for the entire fifth floor.
• Perry Ellis expands its lease with an additional 10,000 rsf at 42 West 39th Street.
• Brain Media leases 9,250 rsf at 3 Park Avenue.
  The Internet company signed a five-year lease and is relocating to a larger space in the building.

New York Retail Leases:

• Giorgio Armani leases 40,000 sf at 717 Fifth Avenue.
  The fashion retailer inked a 15-year lease for its flagship store in the four-level retail condominium. The space was formerly occupied by Hugo Boss.
• Circuit City leases 25,850 sf at 521 Fifth Avenue.
  Electronics retailer takes three-story space for its third Brooklyn location. Citibank will open a branch in the same building.
• Mid-City Gym and Tanning leases 8,000 sf at 345 West 42nd Street.
  The gym inked a 15-year lease. It is moving from its current location at 244 West 49th Street.
• Really Great Things leases 4,000 sf at 1048 Third Avenue (Trump Plaza).
  The upscale retailer of women's apparel leased space formerly occupied by the Napoleon menswear store. The asking rent was reportedly $300 per square foot.
• Kentshire Galleries leases 3,500 sf at 700 Madison Avenue.
  The family-owned arts and antiques gallery signed a lease to open its third location in Manhattan. The branch will span three levels.
• Buckler leases 2,600 sf at 93 Grand Street.
  The high-end menswear line signed a 10-year lease. Its flagship store is located at 13 Gansevoort Street.
• Osklen leases 2,600 sf at 97 Wooster Street.
  The international sportswear firm signed a 10-year lease for its U.S. flagship store. The space comprises a 1,600-square-foot ground floor and a 1,000-square-foot basement.
• Berenice Electrolysis & Beauty Center leases 2,100 sf at 29 East 61st Street.
  The laser and electrolysis hair removal company and day spa signed a five-year lease renewal. It has been a tenant in the building for more than 19 years. The reported asking rent was $100 per square foot.
• New York City Restaurant Group leases 2,000 sf at 903 Ninth Avenue.
  The tenant, which operates several restaurants throughout New York City, inked a long-term lease for 1,000 square feet of ground-floor space and a 1,000-square-foot basement.
• AG Adriano Goldschmied leases 1,800 sf at 305 Columbus Avenue.
  The Los Angeles-based denim brand signed a 15-year lease for a retail location.
• Starbucks leases 1,800 sf at 315 Seventh Avenue.
  Building houses the hq of Sean P. Diddy" Combs"""
• Jamba Juice leases 1,610 sf at 325 Fifth Avenue.
  n/a
• The Bean Coffee & Tea leases 1,500 sf at 446 Sixth Avenue.
  The coffee shop inked a long-term lease for a space that comprises 750 square feet on the ground level and a 750-square-foot basement.
• Fogal leases 1,000 sf at 611 Madison Avenue.
  The lingerie boutique signed a long-term lease to take space on two floors. The tenant also has a store at 53rd and Madison.

New York City Buildings Sold:

• 230 Park Avenue South, a 386,000 sf office building, was sold to Rockrose Development Corp. for $230 million.
• 5 Madison Avenue, a 41-story, 267,000 sf building, was sold to Africa Israel for $200 million.
• 235 West 46th Street (Paramount Hotel), a 610-room hotel, was sold to Walton Street Capital for $200 million.
• Yorkville portfolio of 35 apartment buildings, 758 units total, was sold for $160 million, or approximately $211,000 per residential unit.
• 1619 Broadway, Brill Building, a 11-story, 177,000 sf office building, was sold to Invesco Real Estate for $150 million.
• 25 West 51st Street, a 28-story, 91,588 sf hotel, was sold to Rockwood Capital for $120.3 million.
• 960 Sixth Avenue, a 16-story, 100,000 sf office building, was sold to The Statuto Group for $105 million.
• East Village portfolio of 17 apartment buildings, 259 units total, was sold to Westbrook Partners for $97.5 million.
• 1760 Third Avenue, a 19-story, 247,000 sf building, was sold to the Chetrit Group for $80 million.
• 52 East 41st Street, Dylan Hotel, a 107-room hotel, was sold to Hotusa Group for $78 million.
• 625 Broadway, a 12-story, 80,084 sf office building, was sold to Argo Corporation for $60.9 million.
• 530-540 East 169th Street, 480 East 188th Street (The Bronx), 2 apartment buildings, 470 units total, was sold to Mark Karasick for $41.25 million or $88,000 per unit.
• Manhattan and Bronx portfolio of 14 buildings, 440 apartments and stores, was sold for $37.6 million.
• Harlem and Inwood portfolio of 7 apartment buildings, 282 units total, was sold for $34 million, or approximately $121,000 per residential unit. The properties are located at 115 East 116th Street; 615 West 173rd Street; 14, 24-26 and 97 Thayer Street; 87 Post Road and 518 West 204th Street.
• 155 Fifth Avenue, a 6-story, 27,000 sf office building, was sold to Philips International Holding Corp., for $26.5 million.
• 972-976 Second Avenue, Development sites, was sold to Kennelly Development for $22.3 million.
• 67 Livingston Street in Brooklyn, a 30-story, 50,000 sf residential Building, was sold to Glory Capital for $18.6 million.
• 55 West 46th Street, a Development site, was sold to Extell Development for $18 million.
• 172-174 Madison Avenue, a 7-story, 30,765 sf office building, was sold to NMP Group for $15.9 million.
• 439 West 36th Street, a 2-story warehouse, was sold to a Manhattan developer for $13.7 million.

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