This Week's N.Y. Deal Sheet

This Week's N.Y. Deal Sheet

Helmsley Spear, LLC, America’s oldest continuously operating real estate firm that was founded in 1866, is pleased to announce that it has brokered a new lease on Manhattan’s Upper East Side totaling 1,750 square feet. This lease was announced by Kent M. Swig, President of Helmsley Spear.

“We are thrilled that Helmsley Spear is establishing itself as an Upper East Side retail deal maker. We expect to see additional leasing activity in prime Manhattan markets in the coming months,” said Kent Swig.

Swig, Simon and Zelner of Helmsley Spear arrange 4,170 s/f retail lease


NEW YORK CITY—Helmsley Spear has appointed Andrew G. Simon as EVP of the company, focusing on investment sales as well as commercial office leasing transactions. 

“His extensive background and expertise in the real estate industry will be a valuable asset to our growing New York City team,” says Kent M. Swig, president of Helmsley Spear.

Simon brings over 35 years of real estate experience, initially as a leasing professional, and then transitioning to investment sales and capital markets. 

WeWork Secures 56,000 SF FiDi Lease

WeWork Secures 56,000 SF FiDi Lease


NEW YORK CITY—Helmsley Spear has appointed Andrew G. Simon as EVP of the company, focusing on investment sales as well as commercial office leasing transactions. 

“His extensive background and expertise in the real estate industry will be a valuable asset to our growing New York City team,” says Kent M. Swig, president of Helmsley Spear.

Simon brings over 35 years of real estate experience, initially as a leasing professional, and then transitioning to investment sales and capital markets. 

WeWork Takes 56K SF in Financial District

WeWork signed a 15-year lease last week for the entire third through sixth floors of83 Maiden Lane between Williams and Gold Streets, according to brokerage Helmsley Spear. Asking rent was $44 per square foot.

The deal brings the 170,000-square-foot building, owned by nonprofit AHRC New York City, to full occupancy, Helmsley Spear said. WeWork will take over offices previously occupied by law firm Milbank Tweed, the New York City Department of Buildings and AHRC — which will move to another floor to create a contiguous block of space — in the fourth quarter of this year, a spokesman for Helmsley Spear said.

Kent Swig and Andrew Simon of Helmsley Spear represented both sides of the deal.

“We are so pleased that Helmsley Spear has successfully leased the entire vacant office space at 83 Maiden Lane to WeWork,” Simon said in a statement. “They have continued to have a strong appetite for additional locations in the Downtown FiDi marketplace.”

WeWork’s deal comes less than a week after a new restaurant and brewery, MezCalitook 4,170 square feet on the ground floor and basement of the 13-story 83 Maiden Lane.

AHRC, which serves people with intellectual and other developmental disabilities, bought the property for around $30 million in 2005 as it moved out of offices from 200 Park Avenue, the New York Post reported. The building is located across the street from the towering 2 Gold Street apartment complex and is a block away from the Federal Reserve.

Helmsley Spear Brokers New Retail Lease For 83 Maiden Lane In FiDi

Helmsley Spear, LLC, America’s oldest continuously operating real estate firm that was founded in 1866, and a proud member of CORFAC International, is pleased to announce that it has brokered a new retail lease in FiDi, totaling 4,170 square feet at 83 Maiden Lane with the restaurant and brewery known as MezCali. The lease was announced by Kent M. Swig, President of Helmsley Spear.

“We are thrilled that Helmsley Spear has successfully leased this prime FiDi location to MezCali. The space will be a bar, brewery and restaurant and this new lease follows the active transformation of FiDi into a 24/7area as a commercial, residential, hospitality, and dining destination for many New Yorkers and visitors alike,” said Kent Swig.

Kent M. Swig, Andrew Simon and Brett Zelner of Helmsley Spear represented the landlord, AHRC NYC in this lease, and Manu Wendum and Lee Block of Winnick represented the tenant. The 20 year lease includes the ground floor and a portion of the basement.

“MezCali will be another wonderful dining destination in FiDi. We are so pleased to have represented AHRC NYC in this transaction which further positions their building as a location for business and pleasure,” said Andrew Simon and Brett Zelner of Helmsley Spear.

“We are so pleased to welcome MezCali to our building and everyone is looking forward to their opening,” said Amy West, Executive Vice President and Chief Financial Officer, AHRC NYC, the owner of 83 Maiden Lane. “It has been a pleasure working with Helmsley Spear, both as our leasing agent and our property manager,” added Ms. West.

Helmsley Spear serves as the exclusive leasing and managing agent on behalf of AHRC NYC, the owner of 83 Maiden Lane, a 170,000 square foot commercial office building.

About Helmsley Spear

Since 1866, Helmsley Spear has been a leader in commercial real estate creating legendary deals that are the cornerstones of the real estate industry, and is the oldest, continually operating real estate firm in America. Evolving from a real estate appraisal company to a full-service firm providing highly-skilled, professional performance and bottom-line profitability for its clients, Helmsley Spear provides property owners and users of real estate with a full array of services including: office and retail leasing; property and asset management; capital advisory services; investment sales and financing; project development and construction management; preventative maintenance and engineering; insurance services and appraisal. Helmsley Spear is independently owned and operated with offices in New York and San Francisco.

Helmsley Spear Brings New Restaurant Concept to FiDi

Helmsley Spear brokered a new retail lease with restaurant and brewery MezCali at 83 Maiden Ln. in the Financial District. The 20-year lease for 4,170 square feet includes the ground floor and a portion of the basement.

“The space will be a bar, brewery and restaurant and joins Malt House, another restaurant in FiDi which is under the same ownership,” said Helmsley Spear president Kent Swig.  “This new lease follows the active transformation of FiDi into a 24/7area as a commercial, residential, hospitality and dining destination for many New Yorkers and visitors alike.”

Swig represented the landlord at 83 Maiden Ln., AHRC NYC, along with Helmsley Spear’s Andrew Simon and Brett Zelner. Manu Wendum and Lee Block of Winick Realty Group represented MezCali. Helmsley Spear serves as the 170,000-square-foot office building’s leasing agent.

Helmsley Spear Negotiate 4,100 SF Retail Lease in Manhattan

NEW YORK CITY — Helmsley Spear LLC has negotiated a 4,100-square-foot retail lease in the Financial District of Manhattan. The 20-year lease includes the ground floor of 83 Maiden Lane and a portion of the basement, which will be converted into a restaurant and brewery called MezCali. Kent Swig, Andrew Simon and Brett Zelner of Helmsley Spear represented the landlord, AHRC NYC, in the lease negotiations. Manu Wendum and Lee Block of Winnick Realty Group represented the tenant.

Restaurant and Brewery to Open in Financial District

MezCali signed a 20-year lease for 4,170 square feet on the ground floor and part of the basement of 83 Maiden Lane between Williams and Gold Streets, according to the landlord’s broker Helmsley Spear. A spokesman for Helmsley Spear declined to provide asking rent in the deal, but CoStar Group data shows retail rents in the property are around $109 per square foot.

Helmsley Spear Appoints Jonathan Buksbaum as a Licensed Real Estate Agent

Helmsley Spear, LLC, America’s oldest continuously operating real estate firm founded in 1866, is pleased to announce the appointment of Jonathan Buksbaum as a licensed real estate agent. Kent M. Swig, President of Helmsley Spear, made the announcement.

“Our team is delighted to have Jonathan Buksbaum join Helmsley Spear. He will be responsible for representing the technology sector of the commercial real estate market place. His expertise in advising high-growth tenants is a valuable asset to our growing corporate team,” stated Kent M. Swig.

Simic Joins Helmsley Spear as VP, Healthcare RE Services

Helmsley Spear, LLC has appointed Jovana Simic vice president of healthcare real estate services.

“Our team is thrilled to have Jovana Simic join Helmsley Spear. She will be responsible for leasing and sales of properties to institutional users, physician groups and dental practices, said Kent M. Swig, president of Helmsley Spear. “Her expertise in healthcare real estate is a valuable asset to our growing corporate team.”

Simic has more than 30 years experience in marketing residential and commercial properties. She most recently served as executive director of healthcare real estate at Brown Harris Stevens Commercial Services, LLC. Previously, she held various managerial and brokerage posts with various New York City’s most renowned real estate firms, and has also worked with a number of prominent owners and developers.

First Panel Announced for 11th Annual New York City Real Estate Expo, Oct. 24

The Floor Moderator will be Michael Romer, Esq., of Romer, Debbas LLP a boutique Midtown real estate law firm. Panelists will be Louise Forbes - Halstead Manhattan Real Estate; Andrew Flachner - Real Scout; Paul Massey - B6 Real Estate Advisors; Kent Swig - Swig Equities LLC; Bess Freedman / Brown Harris Stevens; and Luciane Serifovic / Luxian International Realty.

Kent M. Swig To Be Honored By Big Brothers And Big Sisters Of New York City At 20th Anniversary Casino Jazz Night Event

Swig Equities President Kent M. Swig will be among a number prominent New York City real estate executives to be honored at the annual Big Brothers Big Sisters annual event that will take place on June 17th from 6-9:30 PM at Cipriani 42nd Street. The event is an annual fundraiser for the New York chapter of this national non-profit organization.

Swig Equities Sponsors Municipal Art Society Jane’s Walk 2019 To Take Place May 3-5 Throughout NYC

Swig Equities President Kent M. Swig has announced that the company will be the corporate sponsor of this year’s Jane’s Walk NYC, the annual event that takes place the first week of May throughout New York City. The event celebrates the life of the iconic New Yorker, Jane Jacobs. The weekend dates are May 3-5, 2019.

Helmsley Spear Appoints Warren Berger as Licensed Real Estate Agent

Helmsley Spear, LLC, America’s oldest continuously operating real estate firm founded in 1866, is pleased to announce the appointment of Warren Berger as a licensed real estate agent specializing in tenant representation. Kent M. Swig, President of Helmsley Spear, made the announcement.

Helmsley Spear Appointed Exclusive Sub-Leasing Agent for 99 Park Avenue

Helmsley Spear, LLC, America’s oldest continuously operating real estate firm that was founded in 1866, announced that the firm has been engaged as the exclusive sub-leasing agent for the entire 10th Floor at 99 Park Avenue, in Midtown Manhattan. The office space consists of 28,718 rentable square feet on the 10thfloor of the Class A office building located between 39th and 40th Streets with and initial leasing expiration of December 31, 2023. The asking rent is $49 per square feet. The assignment was announced by Kent M. Swig, President, and Andrew G. Simon, Executive Vice President, of Helmsley Spear.

The space is entire built out and ready for occupancy. The full floor offers a prime, headquarters quality space with open collaborative areas including a beautiful café for employees. In addition, the full floor offers substantial supplemental air conditioning and a dedicated IT room.

“We are thrilled to be named as the exclusive leasing agent for this prime space in this prestigious Midtown building at 99 Park Avenue,” said Kent M. Swig.

“We are honored to represent this prime sub-lease opportunity with exceptional transportation access located only two blocks from Grand Central Terminal,” said Andrew Simon, Executive Vice President, Helmsley Spear.

In addition to Kent M. Swig and Andrew G. Simon, Jimmy Javier, Assistant Vice President at Helmsley Spear, is also on the leasing team.

WHO’S NEWS: Helmsley Spear appoints Harlem specialist, RCS adds managing director

Helmsley Spear announced the appointment of Michael Williams as a retail, commercial, and investment sales agent specializing in the Harlem and in Upper Manhattan markets. 
Williams has had a 25-year career in the real estate industry, first as a mortgage banker in the residential, commercial and affordable housing sector with several banks, including Apple Bank, Roosevelt Savings Bank, Roslyn Savings and New York Community Bank.
Previously, Williams served as a real estate agent at Halstead Property. 
He also held executive positions with various development and construction companies. His experience includes working with new market tax credit development in Bridgeport, Connecticut and as a subcontractor to Turner Construction in building the new Yankee Stadium.
Williams earned his B.A. from Stony Brook University.

Helmsley Spear Appoints Michael Williams as a Premier Retail, Commercial and Investment-Sales Agent

Helmsley Spear, LLC, America’s oldest continuously operating real estate firm founded in 1866, is pleased to announce the appointment of Michael Williams as a premier retail, commercial, and investment-sales agent specializing on the Harlem and in Upper Manhattan markets.The announcement was made by Kent M. Swig, President of Helmsley Spear.