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NEWS

Corporate Move

2006-01-04 22:50:18

CORPORATE MOVE By Lois Weiss Wednesday, January 04, 2006 - Corporate Solutions Group, a boutique investment bank, is moving from from 55 John Street to the 11th floor of 61 Broadway where they signed a five year lease for over 2,500 sf with an asking rent of $32 a foot.. The company received a full build out and will move in March after work is completed. CSG had under 2,000 sf at 55 John Street which is scheduled for residential conversion sometime in 2006. Daniel Blanco of Broad Street Development represented the building. Vlad Porter of VB Porter & Company represented CSG.

News
  • A large international Turkish construction firm, U.F.U.K also known as Memobay made their US headquarters at 55 Broad Street, taking a 7 year lease in the Class A office building. more info...
  • Global Brokerage Corp. moves to 50 Broadway with furniture and a phone system included in a direct 5 year lease. more info...
  • Several community and regional banks, already squeezed by the subprime mortgage crisis, tightened consumer lending and falling share prices, are following the lead of some banking giants and pursuing sale-leasebacks as a hedge against current economic volatility. The strategy allows banks to raise cash while pruning unneeded brick-and-mortar assets from their balance sheets. In addition to large deals by the likes of Citi, Wachovia and SunTrust to monetize a portion of the... more info...
  • A new fancy Italian Restaurant will be opening in the heart of the FlatIron District more info...
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