New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

New York & Tri-State  + Downtown New York  + Office  | 

Butler Hospitality Takes Full Floor in Sublease from Zillow

JLL recently completed a 27,040-square-foot sublease for Butler Hospitality Corp. at  Global Holdings Management Group’s Nomad Tower at 1250 Broadway in Manhattan’s NoMad neighborhood. Butler expanded from 6,000 square feet at 30 Broad Street to lease the entire 10th floor at Nomad Tower from sublandlord Zillow. 
 
Butler Hospitality Corp., a leading hospitality-driven restaurant group, was represented by vice chairman Matthew Astrachan, associate VP Kristen Morgan and associate Lance Yasinsky. Zillow was represented by Cushman & Wakefield’s Ed Wartels and Justin Halpern.  

“Nomad Tower is the ideal property to accommodate Butler’s expansion,” Morgan said. “The building offers unparalleled amenities and a superior tenant experience steps from mass transit, restaurants and shops. It’s the exact type of building that will compel people to come back to the office.” 

Connect

Inside The Story

JLL’s AstrachanJLL’s MorganCushman & Wakefield’s Wartels

About Paul Bubny

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).

Step 1: Select Education
  • ◦Lease
Chase-19-cube