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Accrete More Than Doubles Footprint at RFR’s 17 State St.

RFR has signed a new 13,757-square-foot, long-term lease with Accrete, more than doubling the firm’s footprint at 17 State St. in Lower Manhattan. The expansion follows RFR’s recapitalization of the 42-story office tower with a three-year loan extension.

“Accrete has been on an incredible growth trajectory and we were excited to work with the firm in expanding its footprint at 17 State St.,” said AJ Camhi, director of leasing for RFR. “The building has always attracted marquis tenants with its open floor plates, sweeping water views and abundant natural light. And a combination of its remarkable design with proximity to the green spaces of Battery Park and Lower Manhattan’s transportation hubs make it a true standout in the downtown market.”

Matthew DeRose of Nomad represented Accrete and RFR was represented in-house by Camhi and Ryan Silverman. RFR will soon launch construction on a new suite of amenities at 17 State St.

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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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