Nap Time's Over; The Deal Sheet
November 2, 2010


... 230 Park Ave. saw 23,600 SF worth of deals, including: PBS Real Estate’s 8,044 SF renewal (tenant rep: John Brod, in-house); Allegiance Capital Corp.’s in-house relocation and expansion to 5,051 SF (tenant rep: JLL’s Edward DiTolla and John Ryan); Young & Partners’ 3,818 SF renewal and expansion; Absolute Plus Management’s 2,400 SF renewal (tenant rep: Vicus Partners’ Bert Rosenblatt); Satterlee Stephens Burke & Burke’s 2,300 SF expansion (tenant rep: JLL’s Martin Horner, Joseph Pollaci, and Drew Saunders); and Virtusa Corp.’s 2k SF lease (tenant rep: Studley’s Bill Montanta). Monday Properties’ Jordan Berger and CBRE’s Paul Amrich repped owner Monday Properties.

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Hertz Herson & Co. inked a 15-year, 17,548 SF lease at 477 Madison Ave., where it will relocate from its 2 Park Ave. HQ in the spring. Studley’s Dan Horowitz, Gary Kerper, and Jeff Peck repped the tenant, while Cassidy Turley’s David Hoffman Jr. and Wendy Miller repped the owner, J.A.B. Madison Associates. ...

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