SCOR has leased 75,000 square feet at Fosun Hive Holdings’ 28 Liberty St. in the Financial District. The Paris-based global reinsurance company is relocating its New York City headquarters from 199 Water St.
“28 Liberty is an ideal location for SCOR, enabling it to continue its commitment to Lower Manhattan while providing enhanced amenity and transportation options,” said Thomas Costanzo, managing director of leasing for Fosun. “Fosun’s comprehensive redevelopment of the property created an ideal environment for the company and its employees.”
Costanzo represented Fosun, along with a JLL team of Peter Riguardi, Mitchell Konsker, John Wheeler, Michael Berman, Daniel Turkewitz and Eliza Akers. NKF’s Merrill L. Roth advised SCOR.
Since acquiring the former One Chase Manhattan Plaza, Fosun has completed a total of 1.4 million square feet of office leasing at the tower. Fosun also recently completed construction on Marketplace 28, a 200,000-square-foot retail complex at the tower’s base.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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).