Demand for space at 40 Wall Street continues to grow with news yesterday that the Trump Organization-owned building’s leasing agency signed financial advisory group PFM Management to a ten-year lease on the 49th floor of the office tower.
Public Financial Management, which does business as PFM Asset Management, is taking 9,263 square feet of turnkey space on the entire 49th floor of 40 Wall Street, brokers involved with the transaction exclusively told The Commercial Observer yesterday. Asking rents were in the low $40s.
If the CB Richard Ellis and Cushman & Wakefield commercial brokerage rivalry is the most entertaining in real estate, it’s even better downtown, where the two brokerages are truly the only moving forces.
C & W announced this week that their superstar team fielding the likes of Larry Tannenbaum, Frank Cento and Andy Peretz just Read More
For years, Hudson Square has been an echo chamber of rumors. The vacancy rate is amazingly high, but brokers–especially those at Cushman & Wakefield brought in by Trinity Real Estate to shake things up–promise that will change.
In Wednesday’s Times, Andy Peretz of C&W said, “We have so many deals and so many leases out, Read More