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Financial Advisor Commits to Midtown with Long-Term Lease

Independent financial advisory group WealthEdge, betting on the resurgence of New York City, signed a new lease for office space at Global Holdings’ 99 Park Ave. The 35-year-old firm capitalized on favorable market conditions to secure quality terms and concessions as part of a long-term, 4,500-square-foot lease in the Class A Midtown building.

“Jerry Addeo and WealthEdge are known in the industry for bridging the gap between knowing and doing,” said Colliers International managing director David Kaplansky, who brokered the deal on behalf of WealthEdge. “In this case, that means knowing that New York City will bounce back and doing by leveraging a favorable opportunity, the same way he does for his clients.”

A JLL team of Paul Glickman, Diana Biasotti, Kristen Morgan and Harrison Potter provides landlord representation at the 600,000-square-foot office tower.

Photo courtesy of Global Holdings.

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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 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 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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