Brian Waterman, executive vice president and principal ofNewmark Knight Frank, the building's managing and leasing agent,tells GlobeSt.com that average asking rents in the building rangefrom $52 to $55 per sf, but he could not disclose aggregate leasevalues or taking rent at this time. "Actimize is exactly the kindof tenant that ownership had in mind nearly five years ago when theproperty joined the W&H portfolio and a $54-million,top-to-bottom capital improvements program was undertaken," hesays. "Thanks to the transformation that resulted, 1359 Broadwaynow offers a modernized class-A environment, along with everyamenity that a thriving and prestigious business like Actimizemight require."

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Waterman tells GlobeSt.com that it was this renovation, as wellas the tenant profile of the building, that attracted Actimize.Michael Beyda of Benchmark Properties represented Actimize in thelease negotiations. Waterman along with Michael Frantz of NKFrepresented the landlord.

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Part of the W&H Properties portfolio, 1359 Broadway is ownedby Marlboro Building Associates LLC, a partnership led by Peter L.Malkin. Located in the heart of the Penn Plaza/Fashion District at36th Street, 1359 Broadway's recently completed renovations programincluded a ceiling restoration; a new lobby; new windows; newrestrooms; a new HVAC system; upgraded electrical systems; newer,faster elevator operating systems; new elevator cabs; andrefurbished public corridors.

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Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.