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New York & Tri-State  + Midtown New York  + Office  |  October 6, 2021
Paul Bubny
By: Paul Bubny

Mitsui Fudosan’s Sixth Avenue Tower Scores Three Big Leases

Mitsui Fudosan America and Newmark completed three leasing transactions totaling more than 230,000 square feet at 1251 Ave. of the Americas in Midtown. They include Lowenstein Sandler for 125,700 square feet, Berenberg Capital Markets for 62,400 square feet and TCW for 44,100 square feet.   

The Newmark team of David Falk, Peter Shimkin, Eric Cagner and Nick Berger represented Mitsui Fudosan in the transactions.  

Lowenstein Sandler was represented by Michael Goldman and Philip Weiss of AttentivRE. Berenberg was represented by JLL’s Mitchell Konsker, Alexander Chudnoff and Benjamin Bass. TCW was represented by James Travers of Cresa and Keith Caggiano of Avison Young.  

“1251 Ave. of the Americas has remained one of the busiest buildings on Sixth Avenue despite the uncertainty surrounding COVID-19,” said Shimkin. “It’s very refreshing to see tenants growing in this market and doubling down on their commitment to office space in New York City.”   

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Inside The Story

Newmark’s Shimkin

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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