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

Agency Shifts

Nothing Sacred but the Truth.

Mirante’s Cushman Team Tapped as Leasing Agent at 321 44th Street

Kushner Companies has named a team from the real estate services firm Cushman & Wakefield as the new leasing agent for 321 West 44th Street, the asset that houses The New York Observer.

Arthur Mirante, C&W’s former chief executive who is now a top dealmaker at the firm, will lead leasing at the property along with C&W executives Jeff Lichtenberg and Joshua Goldman.

C&W will be replacing a team from Colliers International.

Read More

Big Real Estate

In Hines Sight: Morgan Stanley Hub Up for Sale

Hines Interests is selling its imposing 36-story, hexagon-topped tower at Seventh Avenue and 48th Street, multiple sources told The Observer

The Texas-based real estate investment firm, with $22.9 billion in assets worldwide, bought the 600,000-square-foot midtown prize at 750 Seventh Avenue in partnership with General Motors in 2000. The sale price was $150 million, or $260 Read More

office space

Wells Fargo Isn’t the Only One Getting Bumped

When Bloomberg sailed into Wells Fargo’s chosen space at 120 Park Avenue, industry insiders were shaken by the switch. Now Crain’s reports that even Wells Fargo thought they had the space nailed:

“A few weeks ago, [senior vice president John] Saclarides got a call from the landlord telling him that the bank was being bumped Read More

Features

The Top 20 Office Leases of 2010

“Banks started to feel a lot better, businesses started to stabilize,” said CB Richard Ellis’ Ken Meyerson, reflecting on 2010. “There was a risk of it starting to get better and better.”

Mr. Meyerson, who helped broker 2010′s largest lease for tenant Société Générale, was not alone in eyeing the recovery in the office-leasing market Read More