By Jotham Sederstrom 8/16/11 10:49am

lease beat

Ta-da!

Tata Expansion, Renewal in Kalikow’s 101 Park

Tata Consultancy Services, which provides IT and outsourcing to a nationwide clientele, has signed an early renewal and expansion lease at its U.S. headquarters on Park Avenue, The Commercial Observer has learned.

The company, which is part of the Tata Group, one of India’s largest conglomerates, arranged a 13,200-square-foot deal at 101 Park Avenue, where it has operated on the 26th floor for more than 20 years. The deal, which reflects an asking rent of $100 per square foot, will expand Tata’s office space from 10,238 square feet, brokers said. Read More

By Jotham Sederstrom 8/11/11 9:20am

lease beat

(Photo: Loopnet)

Nonprofit Growing in Newmark’s 505 Eighth

Cicatelli Associates, a public health nonprofit that uses education and research to foster healthful living, has signed a long-term renewal and expansion at the Newmark Holdings-owned 505 Eighth Avenue. Under the new deal, the group, which previously occupied part of the second floor, as well as all of the 16th and 20th will vacate its space on the second in exchange for the entire 19th, brokers involved with the deal told The Commercial Observer. Read More

By Jotham Sederstrom 8/11/11 9:11am

lease beat

(Photo: Trinity)

American Idol Producer to Move Into Trinity Church’s 435 Hudson

FremantleMedia, among the largest producers of reality television brands in the world, including American Idol, America’s Got Talent and loads of other shows your kids watch, has signed an 8,000-square-foot lease at 435 Hudson Street. The group will occupy part of the fourth floor of the building, in part to consolidate all of its operations under one roof. In October, the group acquired a 60 percent share of @radical.media, a global media business that is also housed at the Trinity Real Estate-owned building. FremantleMedia is expected to relocate later this year after the space is renovated. Read More

By Jotham Sederstrom 8/10/11 2:08pm

lease beat

(Photo: PropertyShark)

Details on Big ABN AMRO Expansion at 100 Park

The financial services firm ABN AMRO Holdings signed an expansion deal at trophy building 100 Park Avenue that will extend its office space to 32,259 square feet.

The transaction at the SL Green-owned, 825,815-square-foot building will allow the bank to expand from the 20,626 square feet it occupies on the 17th floor to an additional 10,889 square feet on the 23rd. The firm will also take on 744 square feet of non-contiguous storage space, brokers involved with the deal told The Commercial Observer. The 11-year lease term for ABN AMRO’s office’s on the 17th floor is coterminous with its expansion space on the 23rd floor, they added. Read More

By Jotham Sederstrom 8/10/11 1:55pm

lease beat

Full.

Clothier Takes Last Space at Resnick’s 200 Chambers

Swedish retailer Polarn O. Pyret, the elite children’s clothing chain, has signed a lease for its first store in Manhattan. The 32-year-old brand, which has over 130 stores in Europe, leased 2,583 square feet in the last remaining commercial units at the Jack Resnick & Sons-owned 200 Chambers Street in lower Manhattan, brokers involved with the deal said. Read More

By Jotham Sederstrom 8/09/11 1:57pm

lease beat

A delicious design. (Photo: designwarrior.net)

Delicious Deal for 2,200 Feet at 545 West 27th

Pinch Food Design, a catering company with tasting rooms, design workshops and a state-of-the-art kitchen, has signed a 2,200-square-foot lease at Chelsea Muse, the luxury residential building that opened earlier this month.

The catering company’s 10-year deal on the ground floor at 545 West 27th Street equated to approximately $70 per square foot and will feature high-ceiling tasting rooms for the firm’s clients, brokers told The Commercial Observer. Read More

By Tom Acitelli 8/04/11 4:47pm

lease beat

(Photo: PropertyShark).

Jeweler’s Full-Floor Deal in Revamped 1385 Broadway

Jewelry manufacturer and distributor Jac­­mel Jewelry has taken the entire eighth floor, or 23,500 square feet, of recently renovated 1385 Broadway. The company will relocate its corporate headquarters from Long Island City in a long-term lease at the 23-story, 435,678-square-foot tower owned by an affiliate of Bloomingdale Properties. Read More