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.
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, Channel, Leases, Office, 90 Broad Street, Colliers, Cushman & Wakefield, FHI Studio, Newmark, Princeton International Properties, New York City, Manhattan
Lead by real estate veteran Robert Khodadadian, Skyline Properties has been instrumental in many multi-million dollar commercial developments, including a $12 million contract for the White House Hotel, a 99-year ground lease of a four-story commercial site in Harlem, and a retail co-op on Prince St. for $50 million.