Team Marketing Two Large Blocks of Premier Waterfront Office Space for 2018 Occupancy
Jack Resnick & Sons announced today that it is marketing two prime blocks of office space totaling 413,000 square feet of Class A office space at its trophy downtown property, One Seaport Plaza/199 Water Street.These spaces will be available for tenant construction in the fourth quarter of 2018.
Resnick has retained a team from Cushman & Wakefield, led by John Cefaly,Robert Constable, Ethan Silverstein, Steve Bellwood and Myles Fennon, to lead the marketing and leasing efforts.
The team is marketing two separate blocks of 213,000 square feet on floors 7 through 12, as well as 200,000 square feet on floors 30 through 35.Floor sizes range from 35,000 to 37,000 rentable square feet and feature sweeping views of the New York Harbor, the Brooklyn Bridge and the downtown skyline.
Rising 35 stories along the East River waterfront, 199 Water Street sits at the gateway to the Seaport District and is ideally situated near all neighborhood shopping, cultural institutions and restaurants, including the brand-new 40,000 square-foot iPic Fulton Market movie theater, the forthcoming world-class food market curated by legendary chef Jean-Georges Vongerichten, and the TKTS theater downtown ticket booth.The property also benefits from close proximity to the Fulton Transit Center, the World Trade Center Transportation Hub, NY Waterway ferries and water taxis, Citi Bike terminals, and the free Downtown Connection Bus.
According to Brett Greenberg, Managing Director at Jack Resnick & Sons, the building’s office space offers a unique opportunity for a tenant to join a lively, transforming neighborhood. “199 Water Street offers highly efficient floorplates, modern infrastructure and responsive, stable ownership, all located at the gateway to the South Street Seaport District and its abundant dining and entertainment options.”
Following a major renovation and repositioning in 2014, 199 Water Street has played a major role in the transformation of the Lower Manhattan commercial market.The building’s Swanke Hayden Connell designed lobby, which features three paintings from the renowned artist Frank Stella, includes new glass security turnstiles, a destination-based elevator system and a full service messenger center.The property has also benefited from upgraded signage and lighting and features an executive in-building parking garage with direct lobby access.In addition, critical building systems have been re-located to upper floors, and a detachable floodgate system has been installed at key building entrances for flood protection.Additional amenities include a new bike room with private bathrooms and an on-site sundry shop.
The property has a high-caliber tenant roster featuring The Howard Hughes Corporation, Epsilon Data Management, BGC Partners, Tullet Prebon, SCOR Insurance and Allied World Insurance Company.Built in 1984, the property is LEED certified from the U.S. Green Building Council (USGBC) and Wired Certified Platinum for excellence in internet connectivity.
About Jack Resnick & Sons
A full service real estate organization, Jack Resnick & Sons has been an industry leader in development, construction, ownership and management since its founding in 1928.Its Manhattan portfolio currently includes approximately six million square feet of commercial office and retail space, including One Seaport Plaza, its signature office tower at 199 Water Street.It also has developed thousands of luxury residences and continues to own, manage and lease approximately 1,000 rental apartments.