RFR announced several large-scale renewals at 17 State Street as the firm plans for a new amenity center and updates to the its public plaza in a nod to the nearby green spaces of Battery Park. In total, RFR has recently inked 80,680 square feet of new and renewed leases at 17 State St.
Alternative investment management firm Alphadyne Asset Management, signed on for an early renewal of its 43,872-square-foot, three-floor lease. The firm has been at 17 State since 2005. Alphadyne was represented by Silvio Petriello of CBRE and RFR was represented in-house by AJ Camhi, Paul Milunec and Ryan Silverman.
“This building is a prominent landmark in the downtown New York skyline,” said Camhi, director of leasing for RFR. “With its proximity to Battery Park and sweeping views of New York Harbor, 17 State St. is one of the most sought-after addresses in Manhattan. Our plans to introduce a new lounge and conference center in the building has further elevated the allure of the building for new and existing tenants while fortifying its reputation as one of New York’s premier office buildings.”
The new amenity space — designed by Studios Architecture and dubbed Liberty Lounge & Conference Center — will include hospitality and flexible space that transforms from social/collaborative lounge seating to a town hall configuration with bleacher seating to accommodate company receptions and events. The amenity space will feature four distinct functions: social/collaborative seating that can transform into a Town Hall-Screening Room, a well-appointed café, a library lounge and a 32-person boardroom. The interior design will celebrate the character of the flourishing neighborhood with warm-toned modern fixtures and accents and natural green foliage. For practical and healthy commuting, an “End of Trip” facility has been incorporated offering a changing room, shower and space to freshen up.
On the public plaza, RFR is enhancing the landscaping and providing updated seating.
Additionally, several tenants have re-committed to long-term leases while four tenants signed on for 12,000 square feet of new leases. An in-house team of AJ Camhi, Paul Milunec and Ryan Silverman represented RFR Realty in these transactions while RFR has also hired a JLL team consisting of Mitchell Konsker, John Wheeler, Andrew Coe and Margaux Kelleher to assist in leasing:
- Law firm Bressler, Amery & Ross, a tenant since 1995, will renew and relocate its 8,243-square-foot commitment. Robert Goodman of Cresa represented the tenant.
- Atlantic Specialty Coffee, a commodity services group specializing in coffee, cocoa and cotton, renewed its 6,167-square-foot space and has been a tenant since 1994. CBRE’s Michael Rizzo and Richard Levine represented the tenant.
- Asset management firm Friendly Capital, a tenant since 2003, renewed its 3,899-square-foot commitment.
- Samson Funding, which provides capital to small and mid-size businesses, renewed its 6,181-square-foot commitment. It has been a tenant since 2021.
- AI-powered life insurance tech firm Optifino joined the tenant roster with a 5,138-square-foot lease. Derrick Ades and Lewis Gottlieb of CBRE represented the tenant and Mitchell Konsker, John Wheeler, Andrew Coe and Margaux Kelleher of JLL along with the RFR leasing team represented the landlord.
- Law firm Pierkarski Lawsigned a new 3,917-square-foot lease. Jimmy Ishay of Gotham Realty represented the tenant.
- Medical technology firm Aspargo Laboratoriessigned a new 3,263-square foot lease coming out of a sub-tenancy at 17 State.
