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New York & Tri-State  + Downtown New York  + Office  |  March 23, 2026
Paul Bubny
By: Paul Bubny

Development Firm BFC Leases Full Floor at RFR’s 17 State St.

RFR said Monday real estate development firm BFC Partners has signed a 10-year, 13,758-square-foot full-floor lease at 17 State St. in Lower Manhattan’s Financial District. Founded in 1984, Brooklyn-based BFC Partners is a full-service real estate development firm known for its mixed-use and mixed-income developments.

“There is no shortage of top-tier firms seeking to plant a flag at 17 State St. and we’re excited to welcome BFC Partners to the tenant roster,” said AJ Camhi of RFR. “Our breathtaking views and elevated workplace experiences are unrivaled in the downtown Manhattan office market. New bespoke pre-built suites, combined with well-appointed tenant amenities, are important drivers of the record-breaking leasing velocity at 17 State.”

RFR was represented in-house by Camhi, Paul Milunec and Ryan Silverman and supported by a JLL team consisting of Mitchell Konsker, John Wheeler, Andrew Coe and Margaux Kelleher. BFC Partners was represented by Ron Lo Russo, Harley Dalton and Peter Kearans of Cushman & Wakefield. 

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RFR's Camhi

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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