
NYC REIT Inks 5 Deals at 9 Times Square
Non-listed American Realty Capital New York City REIT Inc. has secured five new leases totaling 33,427 square feet at 200 W. 41st St., also known as 9 Times Square, in Midtown. David Falk of NKF represented NYCR in all five deals.
Represented by Savills Studley, Veredus signed a 10-year, 8,780 square foot lease at the property. Also coming in for 10 years was Adelman Katz Mond, committing to 6,951 square feet in a deal arranged by MHP Real Estate Services.
LW Hospitality Advisors, also represented by Savills Studley, has taken 5,650 square feet for seven years. The REIT also secured a 10-year 3,266 square foot lease with Greater New York Dental Meeting and a nine-year, 8,870-square-foot expansion by coworking firm Knotel.
“These actions demonstrate our continuing commitment to achieving our objective of fully repositioning 9 Times Square, while adding dynamic companies to the tenant roster,” said NYCR’s Zachary Pomerantz.
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