lease beat

Nonprofit Leasing by Submarket.

Nonprofit Leasing Stands Firm: Report

Nonprofit and public sector tenants took a total of 2.6 million square feet in 2011, approximately the same amount it leased a year earlier, but committed to much larger leases than in the previous year, according to a new report released yesterday by Cassidy Turley. Read More

lease beat

The marketing firm took space on Wall Street.

A Sublet at 120 Wall Street

The DeSola Group, a marketing and public relations firm, has sublet 6,300 square feet at 120 Wall Street from the American Vacuum Society in a six-and-a-half-year lease, Robert Wizenberg, a broker at CB Richard Ellis who represented DeSola, told The Commercial Observer last week. The firm will move from 1 Penn Plaza into the entire 32nd floor of the skyscraper, which has long been a hub for nonprofit organizations. Read More

Law Firm Decides to Collect Medicare at Silverstein’s 120 Wall

The year legendary attorney Peter James Johnson first opened his law office at 120 Wall Street, Hugh Hefner published the first issue of Playboy, with Marilyn Monroe in the centerfold; the government executed Ethel and Julius Rosenberg for espionage; and Ian Fleming’s first James Bond novel, Casino Royale, was released.

It was 1953.

This July Read More