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New York & Tri-State  + Downtown New York  + Office  |  September 26, 2025
Paul Bubny
By: Paul Bubny

Nagarro Signs Direct Lease for Full Floor at 195 Broadway

L&L Holding Company secured a new lease with Nagarro at 195 Broadway in Lower Manhattan. The tenant, which delivers data, AI and digital engineering services, first moved to 195 Broadway in November 2024 as a subtenant and has now signed an eight-year direct lease with L&L. Nagarro’s New York office will continue to span the 41,854 square feet it currently occupies across the entire 25th floor of the 1.1-million-square-foot office property, which was designed by renowned architect William Welles Bosworth. 

“We are pleased that Nagarro has selected 195 Broadway as its permanent New York City home,” said L&L VP of leasing Tanya Grimaldo.  “Their agreement with us is a testament to all 195 Broadway has to offer: historic architecture, collaborative workspace, hands-on management and an unbeatable location within the transit-rich, bustling Downtown community.”

L&L was represented in-house by Jonathan Tootell, Grimaldo and Giannina Brancato. Nagarro was represented by Sinclair Li, Peter Shikar, and Connor DeSimone of CBRE.

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Inside The Story

L&L Holding's Grimaldo

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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