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New York & Tri-State  + Downtown New York  + Office  |  November 4, 2021
Paul Bubny
By: Paul Bubny

CLEAR Nearly Triples Space in Relocation from Midtown

Secure identity company CLEAR signed a 119,000-square-foot lease at Vornado Realty Trust’s 85 Tenth Ave. On the border of West Chelsea and the Meatpacking District. CLEAR will relocate from a 48,000-square-foot space in Midtown  

Newmark’s Jared Horowitz and  Jason Perla represented the tenant, while Vornado’s Edward Riguardi and Anthony Cugini, with Related’s Stephen Winter, represented ownership in the lease. 

“CLEAR reaffirmed their commitment to the NYC office market, and their choice to relocate to 85 Tenth Ave. further reinforces the recent trend where tenants in a post-pandemic market are drawn to top-quality assets with great ownership that offers a neighborhood of amenities,” said Horowitz. “In addition, the large floor plates with picturesque views provide them a blank canvass to design their workplace of the future. 

“With 85 Tenth’s planned renovation, amazing views and neighborhood, CLEAR saw this as an opportunity to build upon their notable brand and culture,” he added. 

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Inside The Story

Newmark's HorowitzNewmark's Perla

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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