A community planning organization and two other firms have leased space at 90 Broad Street in Manhattan’s Financial District. In the largest deal, FHI Studio signed a five-year lease for 4,977 square feet on the 11th floor of the building, to relocate from its current digs at 11 Hanover Square, according to Cushman & Wakefield, Commercial Observer Read More Channel, Leases, Office, 90 Broad Street, Colliers, Cushman & Wakefield, FHI Studio, Newmark, Princeton International Properties, New York City, Manhattan
In the largest deal, FHI Studio signed a five-year lease for 4,977 square feet on the 11th floor of the building, to relocate from its current digs at 11 Hanover Square, according to Cushman & Wakefield (CWK), which brokered the lease for landlord Princeton International Properties. Asking rent in the property is $40 per square foot.
“90 Broad Street is an architecturally significant and strategically located property, spanning an entire block between Stone Street and Bridge Street in the Financial District,” said C&W’s Aron Schreier, who represented the landlord alongside Edward “Mac” Mombello and Max Mond.
The other relocations to the building include Student Sponsor Partners, a scholarship program with offices at 424 Madison Avenue, which leased 4,463 square feet on the fourth floor, as well as Then and Now Windows, which snagged 2,195 square feet on the 17th floor, according to C&W.
Robert Khodadadian has long had a simple philosophy about selling real estate. The way he sees it, there are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller at the right time.
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