New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


New York & Tri-State  + Downtown New York  + Office  | 

Sage Realty, Principal Asset Management Bring Two Tenants TO 77 Water St.

 Sage Realty, the leasing and management division of the William Kaufman Organization, and its real estate partner, Principal Asset Management, have signed two new office leases totaling 8,201 square feet at 77 Water St., located in Lower Manhattan’s Financial District. 

New leasing activity at 77 Water St. includes the following:

  • JetFuel Studio, an independent marketing agency, signed a 4,864-square-foot lease. David Menaged of Intrepid Real Estate Group represented the tenant. 
  • Mason Technologies, a leading low-voltage contractor specializing in turnkey solutions, signed a 3,337-square-foot lease. Brian Weld and Matthew Ettinger of Cushman & Wakefield represented the tenant. 

“This momentum showcases the attractiveness of this property as we work to reposition 77 Water Street with an entirely renovated plaza entry experience, as well as Oasis amenities,” says Michael Lenchner, EVP and director of leasing at Sage.


Inside The Story

Sage Realty

About Paul Bubny

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 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).

Step 1: Select Education
  • ◦Lease