Sources close to the deal tell GlobeSt.com that the landlord ofthe 21-story property is East 26th Associates. Asking price was $45per sf. James Buslik and Jeffrey Schwartz of Adams & Co. RealEstate LLC represented the landlord in the transaction while HerbGoldberg of Edward Warren & Co. represented the tenant. Busliktells GlobeSt.com that the aggregate value of the lease is inexcess of $12 million.

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The 217,991-sf building located directly across the street fromMadison Square Park boasts a tenant roster that includes RegencyInternational, Wolford America and Vivre Inc. Retail tenantsinclude International Silver Co., the Gym and WallaceSilversmiths.

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"We are thrilled that we are able to accommodate Humanscale'sastounding growth one floor beneath their existing headquarters,"Buslik says in a prepared statement. "The space and Flatironlocation is ideal for Humanscale and we hope to have them as atenant for many years to come."

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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.