Arena Investors Signs Leases in Midtown and Westchester County
Colliers secured a 9,200-square-foot lease for Arena Investors, LP, a global institutional asset manager, comprising the entire 59th floor of the Chrysler Building. Managing director David Kaplansky represented the tenant.
Simultaneously, Kaplansky represented Arena in a five-year, 4,000-square-foot lease in a Class A building at 2500 Westchester Avenue in Purchase, NY. The Purchase lease runs for six years.
“The famous Chrysler Building offers tenants countless advantages with its premier location, upgraded offices, array of amenities and, indisputably, the nicest 360-degree views of the city,” said Kaplansky. “We were pleased to have helped Arena Investors secure an entire floor in the building as well as a space located in Westchester County, to provide their employees with the option to work at a location closer to home.”
RFR’s AJ Camhi, Paul Milunec and Rob Weller represented Chrysler Building ownership in-house. CBRE’s Brian Carcaterra, Sheera Reimer and Mike McCall represented 2500 Westchester’s ownership.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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).