Paperless Post Leaving Paper Trail With Expanded Downtown Digs
April 21, 2015

Paperless Post, which in 2013 took 15,000 square feet on part of the 18th floor at 115 Broadway using a $250,000 relocation bonus, is expanding its office space in the building to accommodate its growth, Commercial Observer has learned.​..

Meanwhile, fashion designer Alexander Wang Inc. is negotiating for office space at Trinity Centre, sources with knowledge of the transaction told CO. That could mean a move soon from its office space at 386 Broadway between Walker and White Streets in Chinatown.

In February, The Pegasus Group, a company that owns and develops multi-tenant properties, primarily in neglected or underdeveloped urban areas, finalized a 10-year lease for 2,767 square feet at 115 Broadway, as was previously reported.

A CBRE team of Adam Foster, Brad Gerla, Peter Turchin and Sam Spillane handle leasing for 111 and 115 Broadway. The brokers either declined to comment or didn’t respond to requests for comment. Alexander Wang didn’t respond to a request for comment, and its broker, Jeffrey Peck of Savills Studley, declined to comment.

Paperless Post Leaving Paper Trail With Expanded Downtown Digs

Related Stories

EB-5 Investment and the Impact on Commercial Real Estate
National Office Sector Report (Q4 2014)