New York Office Leases:

• Total Manhattan Office Class A vacancies decreased from 12.18 million RSF to 11.59 million RSF.
• Total Office Market vacancy decreased from 20.68 million RSF to 20.09 million RSF.
• Total Manhattan Office direct lease vacancy decreased from 17.86 million RSF to 17.37 million RSF.
• Sublease vacancy decreased from 2.82 million RSF to 2.72 million RSF.
• Total Manhattan Office Market vacancies decreased from 20.68 million RSF to 20.09 million RSF.
• Midtown South Office vacancy decreased from 2.94 million RSF to 2.81 million RSF.
• Total Midtown Office vacancy increased from 11.38 million RSF to 11.42 million RSF.
• Total Manhattan Downtown vacancy decreased from 6.36 million RSF to 5.87 million RSF.
• Total vacant Office Space in Midtown Manhattan in sublease space decreased from 1.86 million RSF to 1.77 million RSF.
• Total vacant direct space increased from 9.52 million RSF to 9.65 million RSF.
• Midtown South Office direct lease vacancy decreased from 2.63 million RSF to 2.50 million RSF.
• Sublease vacancies increased from 0.300 million RSF to 0.314 million RSF.
• Total Downtown Manhattan Office vacancies increased with direct lease space decreased from 5.71 million RSF to 5.22 million RSF.
• Total vacant sublease space decreased from 0.65 to 0.64 million RSF.

NYC Retail Leases:

• Total available Manhattan Retail Space increased from 0.98 million RSF to 1 million RSF.
• Midtown South Retail space vacancies decreased from 0.67 million RSF to 0.66 million RSF.
• Midtown vacancy increased stayed increased from 0.19 million RSF to 0.22 million RSF.
• In Downtown, retail vacancy increased from 0.12 million RSF to 0.13 million RSF.

New York Industrial Leases:

• Total vacant Manhattan Industrial Space decreased from 0.27 million RSF to 0.26 million RSF.
• Midtown Vacancy increased from 0.1 million RSF to 0.11 million RSF.
• Midtown South Vacancy decreased from 0.17 million RSF to 0.15 million RSF.

Manhattan Office Rentals:

• Cravath Swaine & Moore leased 600,000 RSF at One Worldwide Plaza.
  The law firm signed a 15-year lease renewal worth $900 million, or $100 per square foot. The company had been paying $39 per square foot under its current lease, which expires in 2009.
• Omnicom Group Inc. leased 348,000 RSF at 437 Madison Avenue.
  The new lease brings Omnicom's tenancy in the SL Green Portfolio to more than 650,000 square feet. Omnicom is also a tenant of SL Green at 220 East 42nd Street, where it leases 494,000 square feet; at 711 Third Avenue, where it leases approximately 100,000 square feet; and at 28 West 44th Street, where it leases 11,000 square feet. The property is a 31-story, Class A building and contains 926,122 square feet.
• The United Nations leased 180,000 RSF at 305 East 46th Street.
  The U.N. is negotiating a deal for a 10-year lease at the Class B building to house about 700 employees while its Secretariat Building undergoes renovations. The reported rent was less than $50 per square foot.
• Warburg Pincus leased 141,000 RSF at 450 Lexington Avenue.
  The private equity firm inked a lease for space on the 32nd through 36th floors of the building. It is relocating from 237 Park Avenue.
• HQ Global Workplaces leased 35,091 RSF at 260 Madison Avenue.
  The outsourced workplaces provider took space.
• Axinn, Veltrop & Harkrider LLP leased 34,143 RSF at 114 West 47th Street.
  The law firm signed an eight-year lease. The building is now 100 percent occupied.
• Totes Isotoner leased 29,000 RSF at 420 Fifth Avenue.
  The marketer of weather-related accessories signed a 15-year expansion lease for office and showroom space on the fourth floor of the building, where the reported asking rent was $60 per square foot. The company currently occupies 14,000 square feet there.
• Perry Ellis International Inc. leased 20,184 RSF at 42 West 39th Street.
  The fashion company signed a 10-year expansion and renewal lease for space with a reported asking rent of $34 per square foot. The company will now occupy a total of 48,858 square feet in the building.
• Prager and Fenton leased 17,837 RSF at 675 Third Avenue.
  The accounting firm signed a 10-year renewal and expansion lease. It has been a tenant in the building for more than 20 years.
• Crunch Fitness leased 16,500 RSF at 22 West 19th Street.
  The health club signed a 10-year lease for the entire fourth floor of the building, which will serve as its new headquarters and general offices. The reported asking rent was in the mid-$40s per square foot.
• Withers Bergman LLP leased 16,400 RSF at 430 Park Avenue.
  The tax and commercial law firm signed an 11-year sublease for the entire ninth floor in the building. UniCredit is consolidating its operations.
• Carr Business Systems Inc. leased 16,174 RSF at 112 West 34th Street.
  The office technology supplier and Xerox Corporation subsidiary signed a long-term lease for space on the sixth floor of the 26-story, 800,000-square-foot building.
• NBBJ leased 15,917 RSF at 2 Rector Street.
  The architecture and design firm signed a 10-year lease for the entire 25th floor in the 444,300-square-foot Class A building. The company is relocating from its previous offices at 85 Fifth Avenue.
• Z-Brand/Vicstar International leased 15,092 RSF at 42 West 39th Street.
  The fashion company signed an 11-year lease for space in the 18-story, 138,700-square-foot building. The reported asking rent was $38 per square foot.
• Intermedia leased 14,631 RSF at 512 Seventh Avenue.
  The global research consulting firm took space.
• Capgemini U.S. leased 14,035 RSF at 623 Fifth Avenue.
  The consulting and technology firm inked a lease for space on the 33rd floor in the building, where asking rents in recent leases were reportedly more than $100 per square foot.
• Manhattan Media leased 13,200 RSF at 79 Madison Avenue.
  The New York-based community publisher subleased space from Schumacher in an expansion from its previous offices at 63 West 38th Street.
• United of Omaha Life Insurance Company leased 13,027 RSF at 675 Third Avenue.
  The life insurance company signed a six-month lease extension.
• Aragon Construction leased 12,213 RSF at 142 West 57th Street.
  The interior construction firm inked a lease for the entire ninth floor of the Class A building. It is relocating from 49 West 27th Street.
• Asset Control Systems leased 11,393 RSF at 1450 Broadway.
  The international financial data management firm inked a lease for space in the 42-story building.
• The Huffington Post leased 10,250 RSF at 560 Broadway.
  The news and commentary Web site signed a seven-year expansion lease for the third and fourth floors. The company had signed a 4,300-square-foot lease in 2005. Rents at the fully leased building were reportedly in the $45 to $50 per square foot range.
• RJ O'Brien & Associates leased 10,000 RSF at 55 Broadway.
  The futures brokerage signed a lease for a full floor in the 32-story Class A building. The property is now more than 90 percent occupied.

New York Retail Leases:

• Whole Foods Market leased 60,000 SF at 808 Columbus Avenue.
  As the anchor for a residential and retail development, the tenant will occupy 24,900 square feet on the ground floor and 35,100 square feet on the lower level.
• Giorgio Armani leased 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.
• Ethan Allen leased 37,000 SF at 1010 Third Avenue.
  The furniture chain inked a new lease for a space for its Manhattan flagship store on three floors.
• Dean & DeLuca leased 30,000 SF at 560 Broadway.
  The gourmet store renewed its lease for another 15 years. It signed its first lease in the building in 1988.
• Circuit City leased 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.
• Kinokuniya leased 24,000 SF at 1073 Sixth Avenue.
  The Japanese bookstore signed a 15-year lease; the new location will open this fall. Kinokuniya is relocating from Rockefeller Center after more than 25 years. The asking rent for the new space was reportedly $180 per square foot.
• Walgreens leased 23,700 SF at 12 Astor Place.
  The drugstore chain inked a 15-year lease.
• CB2 leased 18,000 SF at 451 Broadway.
  Crate & Barrel's lower-priced CB2 took space for its first location outside Chicago.
• Prana leased 15,000 SF at 79 Madison Avenue.
  The restaurant inked a lease for its first New York City location. The space includes 9,000 square feet on the ground floor.
• Capitale leased 15,000 SF at 627 West 42nd Street (The Atelier).
  Seth Greenberg signed a 10-year lease for ground-floor space that will house a branch of his luxury event space and catering facility.
• Bank of America leased 14,137 SF at 60 East 42nd Street (The Lincoln Building).
  Bank branch replaces Gap store
• Brooks Brothers leased 9,300 SF at 1930 Broadway.
  The clothing retailer inked a lease for 1,700 square feet on the ground floor and 7,600 square feet on the second floor. The asking rent was $300 per square foot on the ground floor and $75 per square foot on the second floor.
• Aureole leased 8,800 SF at One Bryant Park.
  Chef Charlie Palmer will relocate his flagship restaurant from 34 East 61st Street in spring 2009. Asking rents for the ground-floor space were reported to be $425 per square foot.
• Mid-City Gym and Tanning leased 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.
• Duane Reade leased 8,000 SF at 17 John Street.
  New store to open
• B-BQ (Cookery-Lafayette Inc.) leased 7,700 SF at 21-23 West 8th Street.
  The restaurant inked a lease for space that includes 3,850 square feet on the ground floor and 3,850 square feet in the basement. The rent was reported to be $100 per square foot.
• HSBC Bank leased 7,237 SF at 250 Park Avenue.
  The bank inked a 10-year lease renewal for ground-floor retail space.
• Energie, Miss Sixty leased 7,000 SF at 901 Broadway.
  The Italian fashion labels signed a lease for multi-level retail space with a reported asking rent of $225 to $250 per square foot. The space will serve as Energie's first flagship store in New York City.
• Jim Hanleys Universe Ltd. leased 6,787 SF at 10 West 33rd Street.
• Francois Latapie leased 6,500 SF at 30 East 60th Street.
  The French restaurateur inked a lease for a bistro in the property, where asking rents were reportedly $200 per square foot. The restaurant is expected to open next year.
• Strawberry leased 6,163 SF at 2689 Broadway.
  The tenant inked a 10-year lease for new space.
• Ed Hardy flagship leased 5,500 SF at 49 Mercer Street.
  The clothing store with apparel inspired by tattoo designs took space for its New York City flagship store. The space includes a 2,500-square-foot selling basement. The asking rent was reportedly $120 per square foot.
• North Fork Bank leased 5,000 SF at 184 Thompson Street.
  Bank inks deal for two-level space.
• Le Pain Quotidien leased 5,000 SF at 801 Broadway.
  Belgium eatery signs lease for 10th Manhattan location
• Cosi Inc. leased 4,200 SF at 2186 Broadway.
  The sandwich shop inked a 10-year lease for new space.
• Really Great Things leased 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.
• Grubo Alin Corporation leased 3,840 SF at 595 Madison Avenue.
  The art gallery inked a lease renewal.
• Kentshire Galleries leased 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.
• Oxxo leased 3,300 SF at 757 Third Avenue.
  Partners Kevin Kneafsey and Phu Lam signed a 12-year lease for space to house the city's first franchise of the eco-friendly dry-cleaning chain.
• Wet Seal leased 3,200 SF at 42 West 14th Street.
  The clothing company inked a 10-year lease for the space, which includes a 2,000-square-foot basement.
• Columbus Circle Liquor Store Inc. leased 2,900 SF at 1802 Broadway.
  The 73-year-old family business signed a 15-year lease for space within two blocks of its former location. The space comprises a 1,500-square-foot ground floor and a 1,400-square-foot, temperature-controlled basement. The asking rent was $250 per square foot.
• Steve Madden Retail leased 2,800 SF at 355 Bleecker Street.
  The shoe designer inked a 10-year lease for a new store. The space, which includes 1,400 square feet on the ground floor and 1,400 square feet in the basement, had a reported asking rent of $425,000 per year.
• Shobha Threading leased 2,717 SF at 1775 Broadway.
  The salon leased space.
• Winglilong Inc. leased 2700 SF at 685 Amsterdam Avenue.
  The Pan-Asian restaurant signed a 15-year lease for its second Upper West Side location.
• Buckler leased 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 leased 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.
• Ming Dynasty Soho leased 2,600 SF at 91 Grand Street.
  The antique Chinese furniture dealer signed a 10-year lease with a five-year option. The space comprises 1,300 square feet on the ground floor and a full basement. The rent is $180,000 per year.
• Dunkin Donuts leased 2,378 SF at 370 Lexington Avenue.
  The doughnut chain inked a lease for a new location.
• Goodburger leased 2,300 SF at 23 West 45th Street.
  The burger chain inked a 15-year lease for its third Manhattan location.
• Uptown Birds LLC leased 2,300 SF at 522 Amsterdam Avenue.
  The pet store inked a new 12-year lease.
• T-Mobile leased 2,217 SF at 1430 Second Avenue.
  The mobile phone service provider inked a 10-year lease for an Upper East Side store.
• Spa Belles leased 2,200 SF at 301 Sixth Avenue.
  The spa inked a 12-year lease.
• Relais & Chateaux Association leased 2,113 SF at 10 East 53rd Street.
  The association of luxury hotels signed a 10-year lease for its first retail operation. The location will allow clients to make reservations in member hotels.
• Berenice Electrolysis & Beauty Center leased 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 leased 2,000 SF at 803 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.
• Starbucks leased 2,000 SF at 482 West Broadway.
  Building houses the hq of Sean P. Diddy" Combs"""
• Columbia Organic Holdings leased 1,900 SF at 19 West 44th Street.
  The tenant inked a 10-year lease for space on the ground floor and mezzanine.
• General Nutrition Center (GNC) leased 1,900 SF at 1372 Broadway.
  The health food store took space for a new location.
• AG Adriano Goldschmied leased 1,800 SF at 305 Columbus Avenue.
  The Los Angeles-based denim brand signed a 15-year lease for a retail location.
• Starbucks leased 1,800 SF at 315 Seventh Avenue.
  Building houses the hq of Sean P. Diddy" Combs"""
• Hale & Hearty Soups leased 1,750 SF at 40 East 23rd Street.
  The soups-and-sandwiches chain signed a long-term lease. The location is scheduled to open in fall 2007.
• Bose leased 1,640 SF at 40 Mercer Street.
  The high-end electronics retailer took space in the new residential development.
• Five Guys Famous Burgers and Fries leased 1,635 SF at 43 West 55th Street.
  The burger chain took space for a new location.
• Jamba Juice leased 1,610 SF at 325 Fifth Avenue.
  n/a
• Free Foods leased 1,600 SF at 19 West 44th Street.
  The tenant inked a 10-year lease for new space.
• Jacques Torres leased 1,600 SF at 285 Amsterdam Avenue.
  The chocolatier took space for its second Manhattan location. The space includes 1,000 square feet on the ground floor and a 600-square-foot basement. Jacques Torres also has a location in Dumbo.
• Billabong leased 1,587 SF at 112 West 34th Street.
  First NY store; includes skateboard division, Element
• The Bean Coffee & Tea leased 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.
• Flight Club leased 1,400 SF at 120 Nassau Street.
  The retailer of limited edition and vintage sneakers, which range in price from $200 to $9,000 per pair, inked a nine-year lease for its second location in Manhattan. Flight Club has an existing store at 254 Greene Street.
• City Gourmet leased 1,400 SF at 238 East 14th Street.
  The gourmet deli inked a 10-year lease.
• Matters leased 1,400 SF at 405 Broome Street.
  n/a
• MarieBelle Sweets leased 1,400 SF at 762 Madison Avenue.
  The hot couture" chocolate company inked a 21-year lease for space on the second floor. The company's second store is scheduled to open in July. The asking rent was $125 per square foot."""
• Allen Edmonds leased 1,306 SF at 551 Madison Avenue.
  The shoe store inked a new lease.
• Pret a Manger leased 1,260 SF at 1410 Broadway.
  The London-based restaurant chain took space for a new location.
• Fogal leased 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.
• Wolford leased 709 SF at 10 Columbus Circle (The Shops at Columbus Circle).
  The hosiery and lingerie retailer signed a lease for a boutique in the Time Warner Center. The opening date is set for fall 2007.

New York City Buildings Sold:

• 237 Park Avenue, a 1.16 million SF office building, was sold to Broadway Partners for $1,180,000,000.
• 32 Old Slip (One Financial Square), a 37-story office building, was sold to Beacon Capital Partners for $750,000,000.
• 450 West 33rd Street, a 14-story, 1.6 million SF office building, was sold to Broadway Partners for $664,000,000.
• 885 Third Avenue (Lipstick Building), a 34-story, 587,000 SF office building, was sold to Tao Tsuot, Financial Levers for $648,000,000.
• 444 Madison Avenue, a 475,000 SF office building, was sold to Westbrook Partners for $313,000,000.
• 111 West 57th Street was sold to Starwood Capital for around $225 million, or $1,000 per square foot.
• 30 Rockefeller Plaza, a 1.6 million SF office space, was sold to Tishman Speyer for $222,000,000.
• 530 Park Avenue, a 19-story, 180,000 SF apartment building, was sold to Blackrock Realty Advisors for $211,000,000.
• 405 Park Avenue, a 17-story office building, was sold to Steve Witkoff; Larry Gluck; Westbrook Partners for $180,000,000.
• 295 Madison Avenue, a 46-story, 300,000 SF office building, was sold to Joseph Moinian for $180,000,000.
• Upper West Side portfolio, 4 apartment buildings, 325,000 SF total, was sold to Equity Residential for $178,000,000.
• 100 Wall Street, a 466,000 SF office building, was sold to Broadway Partners for $175,000,000.
• 303 East 83rd Street (The Camargue), a 30-story, 261-unit apartment building, was sold to Archstone-Smith for $169,000,000.
• 301 West 53rd Street (The Encore), a 25-story apartment building, was sold to Westbrook Partners for $165,000,000.
• 10 UN Plaza, a Development site, was sold to Eyal Ofer, Global Holdings; William Lie Zeckendorf, Arthur Zeckendorf for $160,000,000.
• One Madison Avenue, a 14-story, 1.2 million SF office building, was sold to SL Green for $147,600,000.
• 130 Prince Street, an 88,000 SF office and retail building, was sold to Waterman Interests for $112,000,000.
• 635 Madison Avenue, a 150,000 SF office building, was sold to D. Levinson, R. Lapidus, L&L Acquisitions for $110,000,000.
• 521-533 West 57th Street, a 415,000-square-foot building was sold to Joseph Friedland for $110 million.
• 323 West 96th Street, a 210,000 SF residential building was sold to the Pinnacle Group for $75,000,000.
• Harlem portfolio, 16 retail buildings, 35,000 SF total, was sold to Sigfeld Group for $50,000,000.
• 229-239 West 28th Street, a 12-story, 80,486 SF office building, was sold to Steve Klein, Joss Realty Partners for $48,000,000.
• 330 East 63rd Street, a 7-story, 90,000 SF apartment building, was sold to Stonehenge Partners for $39,000,000.
• 53 West 36th Street, a 12-story, 72,000 SF building, was sold to Hidrock Realty; Assurant Inc. for $29,580,000.
• 158 Madison Avenue, a Development site, was sold to Thor Equities for $28,400,000.
• 110-120 East 76th Street, 6 townhouses, 23,000 SF total, was sold to The Chetrit Group for $26,100,000.
• 91-95 Chambers Street, a Development site, was sold to 77 Reade LLC for $23,200,000.
• 330 East 53rd Street, a 7-story, 91-unit apartment building, was sold to Stonehenge Management for $20,000,000.

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