From CrainsNewYork.com (emphasis added):
In a rare show of prosperity in its beleaguered industry, architecture firm Perkins+Will is expanding its footprint at 215 Park Ave. South by more than a third by subleasing 16,500 square feet. ...
The firm is subleasing the entire sixth floor for four years from law firm Binder & Binder. A July [2009] move is planned; sources say the asking rent was in the high $30s a square foot. ...
Binder, meanwhile, will leave Manhattan by moving into 19,000 square feet at 33-00 Northern Blvd. in Long Island City, Queens [pictured above], in June. The asking rent for the deal, which runs for nearly 13 years, was about $25 a square foot, sources say. Mr.Strati says the law firm moved to take advantage of REAP, a city program that awards tax incentives to companies that relocate to upper Manhattan or the boroughs beyond.
1 comment:
Those guys are a bunch of hucksters.
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