Leasing is brisk at 17 State St. close to the Seaport since RFR Realty refinanced the harbor-facing, 571,000 square-foot workplace tower in January. The refi was one among three that RFR head Aby Rosen pulled off on beforehand strained properties — the opposite two have been retail parts of 670 Sixth Ave. and 150 E. 72nd St.
At 17 State St., which RFR has owned for 25 years, 5 renewals totaled 68,362 sq. toes. The most important was for Alphadyne Funding Administration, which renewed early on 43,872 sq. toes.
Rosen, who’s shored up his previously under-siege empire one property at a time, additionally signed offers with three new tenants totaling over 12,000 sq. toes, together with AI-powered life insurance coverage tech agency Optifino.

In the meantime, 17 State launched a brand new, 4,300 square-foot facilities house on the third ground. The Liberty Lounge and Convention Heart boasts a lounge, cafe, library, screening room and decorative foliage as an homage to close by Battery Park.
As per CoStar, the tower is 89% leased. Asking rents vary from $65 to $75 per sq. foot.
The reinvestment and repositioning of 5 Penn Plaza continues to repay for investor-landlord Stephen Haymes. The 1916 construction between West thirty third and thirty fourth streets landed one other new tenant — Fireblocks, a blockchain safety platform that helps to retailer, switch and handle cryptocurrencies and different digital property.
The agency, which is transferring and increasing from 441 Ninth Ave., signed for 35,000 sq. toes on your entire twenty third ground and a part of the penthouse with a wraparound terrace.
The constructing boasts a brand new foyer, open views, an facilities heart and a dog-friendly roof terrace, and is greater than 85% leased. Asking rents are within the $70-$80 per sq. foot vary.
A JLL crew led by Mitchell Konsker represented the owner. Newmark’s Aaron Ellison and Adam Spector repped the tenant.
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