LH Charney
announced the completion of seven new lease transactions encompassing over 53,000 square feet at 1441 Broadway, also known as 10 Times Square. The leases cap off a stellar year of leasing at the Times Square tower. Six of the seven leases are with new tenants relocating to the building.
“We are delighted to welcome a diverse array of new tenants to 1441 Broadway and are thrilled to see strong leasing activity continue,” said LH Charney President and Chief Operating Officer Joseph Giannola. “Our approach of providing turnkey spaces, flexible lease structures, and engaging on-site retail amenities continues to be an attractive combination for both new and renewing tenants, particularly in a stable, family-owned property.”
Nano Nuclear Energy and Kayser Roth Corporation will both occupy tower full floors of 7,755 RSF each. The Pekoe Group, represented by Josh Berg and Alexander Kesseler of Newmark, leased the entire 25th floor, totaling 12,982 RSF. The Style Theory, represented by David Menaged of Intrepid Real Estate Group, will take the entire 21st floor encompassing 14,634 RSF. KDI LLC, represented by Jonathan Bock & Steve Marvin of Olmstead Properties, signed for 2,752 RSF on the 23rd floor, while Mint Medical leased a 3,736 RSF suite on the 24th floor, represented by Hillel Horovitz of Douglas Elliman Commercial. LH Charney has also been successful in renewing existing tenants, as Swimwear Anywhere signed a renewal lease for its 3,500-square foot space on the 23rd floor. Ownership was represented by the Colliers team of Rick Doolittle, JP Howard, Michael Joseph, and G. Taylor Bell on all transactions.
“The continued success and momentum of recent deals at 1441 Broadway can be attributed to LH Charney’s efficient and seamless approach to deal-making,” added Colliers Vice Chairman Michael Joseph. “By effectively meeting market demands and providing tenants with a comprehensive, streamlined design-build experience, ownership simplifies the process for everyone involved. With a prime location, exceptional natural light, and impressive tower floor views, 1441 Broadway offers unparalleled value for tenants seeking the ideal space in today’s office market.”
L.H. Charney has made significant efforts to transform 1441 Broadway, including a comprehensive renovation plan that created 46,000 square feet of glass box retail space and 2,000 square feet of new LED signage while preserving the historic façade of the office tower. The adjacent 1410 Broadway received a full renovation and modernization of the lobby, common areas, restrooms, and elevators featuring “lobby boost” technology. The renovations were part of a forward-thinking strategy to appeal more to modern tenants seeking more engaging, inspiring, and well-amenitized office locations.
Office availabilities at 1441 and 1410 Broadway currently range from smaller suites of 1,000 square feet up to full floors from 5,000 to 18,000 square feet.
About L.H. Charney:
L.H. Charney Associates is a privately held Real Estate development company headquartered in New York City. Founded by the late Leon H. Charney in 1981, the company’s current NYC holdings include 10 Times Square (aka 1441 Broadway) and 1410 Broadway in NY, both of which are self-managed by Charney Management Company which is overseen by L.H. Charney President and Chief Operating Officer Joseph Giannola. Fusing the boutique service and personal touch of a family business with the institutional stability of a 40-year legacy and track record, L.H. Charney is committed to providing businesses with commercial space exemplifying the best of New York. For more information, visit lhcharney.com
About Colliers:
Colliers is a leading diversified professional services and investment management company. With operations in 66 countries, our 18,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 28 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. With annual revenues of $4.5 billion and $99 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors, and our people.
