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MJHS Health Signs Lower Manhattan’s Largest Office Lease in 18 Months
CBRE has arranged a 138,374-square-foot, 30-year office lease at 55 Water St. for nonprofit health system MJHS Health System. MJHS will consolidate most of its Brooklyn offices and its current Manhattan location to the entire 46th and 47th floors of the 3.8-million-square-foot office tower in the Financial District. Reportedly it’s Lower Manhattan’s largest office lease in 18 months.
CBRE’s Howard Fiddle, Brad Gerla, Even Haskell and Mary Ann Tighe represented building owner New Water Street Corp., a subsidiary of the Retirement Systems of Alabama. The CBRE team of Chris Mansfield, Harly Stevens and Zach Weil represented MJHS. David Portal of Nixon Peabody was legal counsel to MJHS and Jennifer Yashar of Fried Frank was legal counsel to New Water Street Corp.
“55 Water is one of the most attractive office addresses in Downtown Manhattan, offering MJHS and its employees an unsurpassed, amenity-rich workplace with ready access to transportation,” said Fiddle.
- ◦Lease
