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NYCR Executes Three Leases at Manhattan Office
American Realty Capital New York City REIT, Inc. (NYCR) executed a trio of leases encompassing roughly 67,000 square feet at 123 William Street in Manhattan. The deals involve The New York City Department of Citywide Administrative Services (DCAS), Knotel and I Love Kickboxing, which bring the building to 97% leased.
NYCR completed a 40,610-square-foot, 20-year office lease with DCAS for two full floors. DCAS was represented by Cushman & Wakefield.
NYCR entered into a 10-year, 23,429-square-foot, office lease with Knotel for one full floor in the building. The real estate company runs a network of custom locations of adaptable headquarters. Knotel, which anticipates fully occupying the space by mid-2018, was represented by Skylight Leasing.
I Love Kickboxing leased nearly 3,000 square feet of retail space for a kickboxing studio and training facility. The tenant was represented by Prime Manhattan Realty.
NYCR was represented by CBRE in all three transactions.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Lease

