In separate transactions, The William Kaufman Organization and Principal Real Estate Investors have leased a total of 28,539 square feet at 77 Water Street.
The Metropolitan Council on Jewish Poverty (MET Council), a nonprofit social services organization, has signed a 21,692 square-foot direct lease to relocate to the top floor of the 26-story, 600,000 square-foot tower. The firm will move into new space in November 2019.
Software development firm Caissa LLC has taken 6,847 square feet, becoming the first tenant to lease a portion of the property’s new pre-built units on the 24th floor. The suite features an open bar pantry with integrated Miele appliances, an adaptable reception/conference space, hospitality restrooms and corridors, high-end finishes, and natural lighting.
Michael Lenchner, vice president and director of leasing at Sage Realty Corp., the leasing and management division of WKO, along with an agency team from CBRE led by Jonathan Cope, Adam R. Leshowitz and Nate Katz represented building ownership in both transactions. Howard Tenenbaum and Gary Rosen of SL Green represented Caissa. There was no outside broker for MET Council.