JLL has completed a lease transaction for CallisonRTKL at The Woolworth Building, 233 Broadway, in New York with building owner The Witkoff Group. The global design consultancy firm signed a lease for 28,096 square feet of office space at the 60-story, 935,000-square-foot building.
CallisonRTKL signed a 10-year lease for the entire 16th floor of the building. The company is relocating from 148 Lafayette Street, where it occupied two floors.
CallisonRTKL was represented by Mitchell Konsker, vice chairman, and David Dusek, managing director, both with JLL. The building owner was represented by Barry Pincus, co-chairman of REalta, and Brian Siegel, senior managing director, with The Lawrence Group.
“CallisonRTKL was seeking more efficient space with a flexible lease and the opportunity to grow,” said Dusek. “The Woolworth Building offered a full floor of highly efficient space with abundant light and air, high ceilings and extraordinary views overlooking the Brooklyn Bridge.”
“As a global design practice that has been in New York for approximately 10 years, we require a workplace that reflects our culture and accommodates our creative process,” said Susan Soehnlen, a vice president of CallisonRTKL. “And the Woolworth Building does just that. The new space allows us to consolidate on a single floor, which boosts efficiency and collaboration, and the building’s history contributes to our legacy in Manhattan.”
The Woolworth Building was designed by renowned architect Cass Gilbert and completed in 1912. Acquired by The Witkoff Group in 1998 and carefully restored, this New York City landmark property was the world’s tallest building until 1930.
JLL is a leader in the New York tri-state commercial real estate market, with more than 2,400 of the most recognized industry experts offering brokerage, capital markets, property/facilities management, consulting, and project and development services. In 2016, the New York tri-state team completed approximately 28.2 million square feet of lease transactions; arranged investment sales, notes, debt and equity transactions valued at more than $12.0 billion; managed projects valued at $7.9 billion; and oversaw a property management, facilities management and agency leasing portfolio exceeding 146.7 million square feet.
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