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NYCR Executes Three Leases at Manhattan Office

American Realty Capital New York City REIT, Inc. (NYCR) executed a trio of leases encompassing roughly 67,000 square feet at 123 William Street in Manhattan. The deals involve The New York City Department of Citywide Administrative Services (DCAS), Knotel and I Love Kickboxing, which bring the building to 97% leased.

NYCR completed a 40,610-square-foot, 20-year office lease with DCAS for two full floors. DCAS was represented by Cushman & Wakefield.

NYCR entered into a 10-year, 23,429-square-foot, office lease with Knotel for one full floor in the building. The real estate company runs a network of custom locations of adaptable headquarters. Knotel, which anticipates fully occupying the space by mid-2018, was represented by Skylight Leasing.

I Love Kickboxing leased nearly 3,000 square feet of retail space for a kickboxing studio and training facility. The tenant was represented by Prime Manhattan Realty.

NYCR was represented by CBRE in all three transactions.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

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