JLL has arranged two new leases at 60 Broad St., the 39-story glass and steel Financial District skyscraper owned by Piedmont Realty Trust, a self-administered, self-managed real estate investment trust.
The Center for New York City Neighborhoods, a nonprofit organization that works to protect and promote affordable homeownership, signed a 10,979-square-foot lease covering part of the 38th floor. Peter Hennessey and Allison Buck of Savills and Shawna Menifee from Integrative Partners CRE, a Savills affiliate, represented the tenant.
Law firm Israel David LLC leased 3,491 square feet of office space on the property’s 29th floor. Gary Kamenetsky of CBRE represented the tenant.
“We’re thrilled to welcome our newest tenants to 60 Broad St.,” said Brad Pittman, Vice President for Piedmont Realty Trust. “Our asset appeals to companies who prioritize their employees’ experience, and these new leases are a testament to Piedmont’s commitment to maintain 60 Broad St. as a premier office location.”
The deals follow a multimillion-dollar capital improvement program at 60 Broad St. which includes a new main entry and lobby designed by renowned New York architect MA | Morris Adjmi Architects. The new Broad Street entrance features an expansive original mural while the lobby has been reimagined with a signature motif which employs innovative lighting, new artwork and a hospitality-inspired layout that promotes both social gathering and provides individual working areas. The building’s elevator cabs were also upgraded with new interiors and a destination dispatch system.
Piedmont has signed leases totalling over 114,500 square feet since the upgrades commenced, bringing occupancy at the one million-square-foot tower to over 93%.
A JLL agency team led by Executive Managing Director John Wheeler, Senior Vice President Robin Olinyk and Vice President Thomas Swartz exclusively represented the landlord in both transactions.
