National real estate investment firm The Feil Organization has announced that private security and fire safety contractor Mulligan Security has expanded its lease at 7 Penn Plaza in Chelsea, Manhattan. The company will extend its lease for 12 years and expand its footprint by 15,788 square feet, bringing its total occupancy to 24,788 square feet.
Tribeca Investment Group, PGIM Real Estate, and Meadow Partners have announced a lease agreement with global litigation firm Quinn Emanuel Urquhart & Sullivan, LLP for a 132,000-square-foot space at the fully renovated 295 Fifth Avenue in Midtown South, Manhattan. This relocation marks one of the largest relocations of 2023 in the surrounding area and reflects a trend of traditional industries filling the leasing gap left by technology firms in the neighborhood. CBRE helped facilitate the transaction on behalf of ownership and represented Quinn in the leasing agreement.
Othership, a health and wellness brand, will soon bring a bathhouse and spa to 25 Kent Avenue in Williamsburg, Brooklyn. The new bathhouse will occupy 6,168 square feet and is the company’s inaugural Brooklyn location.
The New York City Council has unanimously approved applications for zoning amendments that will facilitate a commercial redevelopment project at 23-10 Queens Plaza South in Long Island City, Queens. Designed by SLCE Architects and developed by New England-based Dynamic Star, the project entails the partial demolition and expansion of an existing warehouse and the construction of a 26-story office tower.
With construction nearly completed, Tribeca Investment Group has shared new photos of the commercial lobby at 295 Fifth Avenue, a historic office building in Midtown, Manhattan. Led by Studio MAI, the lobby redesign incorporates lush green spaces, a café, a small library, and a connection to a rear courtyard with additional seating and greenery.