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Oppenheimer Subsidiary Relocates to 777 Third

The William Kaufman Organization (WKO)has  announced that it has completed two leasing transactions totaling 16,500 square feet at 777 Third Ave. in Midtown East. Sage Realty’s Michael Lenchner represented WKO in both leases.

In the larger of the two deals, WKO secured a 10-year, 13,055 square-foot lease for Oppenheimer & Co. Inc., a subsidiary of Oppenheimer Holdings. The new full-floor space will house one of the company’s New York City branch offices, with relocation from 825 Third Ave. expected for April 2019.

In addition to the relocation for Oppenheimer & Co., WKO finalized a 3,445-square-foot lease for financial advisory firm Piton Investment Management LP. Piton was previously subleasing space in the building.

JLL’s Matthew Astrachan and Steven Bauer represented Oppenheimer & Co., while Eric Thomas of Cushman & Wakefield advised Piton.

For comments, questions or concerns, please contact Paul Bubny

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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 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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