Features Newswire

Newrez Takes Two Floors at 799 Broadway

(Rendering by Binyan Studios)

Columbia Property Trust has secured a lease for 25,000 square feet, comprising two full floors, at 799 Broadway in Union Square/Greenwich Village in Manhattan. The lease, with Newrez LLC, a technology-centric national mortgage lending and servicing organization owned by investment manager New Residential Investment Corp, is the first to be signed at the 12-story, ground-up development project, which will be completed in October.

The 182,000-square-foot building prioritizes and emphasizes employee health and wellness and talent retention, featuring a street-to-desk touchless experience, luxury fitness center, outdoor space for fresh air, spa-inspired locker rooms and a bike room. The building’s unique design allows for more than 17,000 square feet of outdoor space, including access to private outdoor terraces on almost every floor and a courtyard garden off the main lobby.

In addition, with UV light sanitation and bipolar ionization systems installed throughout the building and in elevator cabs, 799 has been designed to meet the rigorous health and wellness criteria of the highly respected Well Building certification program, which verifies that the building has followed best practices for facility operations and management to reduce the risk of contracting COVID-19 and other viruses. Earlier, 799 Broadway was awarded a coveted Fitwel® 2-Star Rating for its incorporation of evidence-based design and operations strategies to support the physical, mental and social health of occupants.

The building provides abundant light with 15’ ceiling heights and floor-to-ceiling glass windows, which offer striking views of Greenwich Village and across Broadway to the Gothic beauty of New York’s historic Grace Church.

“We are very pleased to commence leasing at this exceptional building and begin our relationship with Newrez,” said Paul Teti, executive vice president of national real estate operations for Columbia. “In every respect, this lease affirms our expectations for 799 Broadway. The building is ideally positioned and designed to attract high-growth, forward-looking and industry-leading companies that are seeking out modern, efficiently designed space with convenient transit access, high-end amenities and a multitude of health and wellness benefits needed to recruit and retain top talent in today’s environment.”

To lead leasing efforts, Columbia has partnered with Mitchell Konsker, Benjamin Bass, Sam Seiler and Steven Rotter of JLL. Newrez was represented by Josh Kuriloff and Drew Braver from Cushman & Wakefield.


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