lease beat

Broadway Dance Center.

Dance Center Pirouettes Into New Space

Broadway Dance Center has expanded its lease at 321 West 44th Street to about 30,000 square feet.

The school and studio, which has its entrance on the 230,000 square foot building’s 45th Street side entryway, which goes by the address 322 West 45th Street, offers both classes for beginners and workshops for seasoned dancers alike taught by acclaimed professionals. Read More

lease beat

97-77 Queens Boulevard.

Educational Affiliates Ink 40K in Queens

Educational Affiliates is signing a 40,000-square-foot lease at 97-77 Queens Boulevard, a large office building owned by the LeFrak Organization in Rego Park, Queens.

The tenant operates career schools that train nurses, medical assistants, commercial drivers and computer specialists among other professions.

A source familiar with the lease said that Educational Affilitiates plans to open a nursing school at the location. Read More

Assignments

JackPetrie

TagMan “Tags” CresaPartners as Broker

Tag management company TagMan is on the prowl for new office space, and the company has conscripted CresaPartners’ Jack Petrie to aide in their hunt, he told The Commercial Observer Monday.

TagMan, which currently leases an office space at 260 W. 35th Street, is citing a growing headcount and a future demand for larger space as its reasons for the impending move, Mr. Petrie (pictured) said yesterday morning. Read More

lease beat

2 Penn Plaza. (Courtesy Property Shark)

EXCLUSIVE: EMC Corp. Takes 37,000

EMC Corporation is expanding by about 37,000 square feet at 2 Penn Plaza, where it bases the bulk of its Manhattan operations.

The firm is a Fortune 500 company that specializes in information technology and cloud computing services and is growing according to people familiar with its space needs. Read More

The Lease Beat

5 Columbus.

EXCLUSIVE: 5 Columbus Circle Snags 2

Two tenants have signed leases at 5 Columbus Circle totaling 17,000 square feet of space.

One of the deals, a 5,500 square foot transaction with 1Life Healthcare on the building’s 17th floor, was done for rents around $70 per square foot, among the highest the building has ever netted, even during the real estate boom before the recession.

Read More

The Power Broker

The broker techies (and venture capitalists) trust.

The Online World's Brick-and-Mortar Man

The fastest way to an emerging tech company’s heart is through its venture capitalist.

Such has been the modus operandi of Jack Petrie, a senior vice president at CresaPartners who has amassed a list of clients that reads like a veritable who’s who of Silicon Alley. He’s found these clients through contacts and clients of his in venture capital.

“I [find] that usually I can connect the dots with a lot of these companies with relationships I have with V.C. firms and people I have met through the community,” said Mr. Petrie, 50. Read More