Rudin has completed two long-term, full-floor leases totaling more than 36,000 square feet at 80 Pine St., its 1.2-million-square-foot office tower in Lower Manhattan’s Financial District. The Global Alliance for TB Drug Development, Inc. signed a 16-year, 21,561 square-foot lease, while law firm Elefterakis, Elefterakis & Panek LLP is expanding by 14,752 square feet, bringing its total presence in the tower to 28,408 square feet.
The TB Alliance was represented by Savills vice chairman Marc Shapses. Elefterakis, Elefterakis & Panek was represented by Thomas Cordasco of Thomas Cordasco Company.
Rudin was represented in both transactions in-house by Kevin Daly. Rudin was also represented on the TB Alliance transaction by a JLL team of Frank Doyle, Alexander Chudnoff, John Wheeler, Kyle Young and Eliza Gordon.
The owner-operator is in the final stages of repositioning 80 Pine St., which it developed in 1960.
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).