Todd Korren, senior vice president of HelmsleySpear, tells GlobeSt.com that the firm has had interest from a variety of different industry types including, legal, financial services, not for profit, governmental, education and cultural. He notes that "the building is ideal for any user which is interested in prominent identity and having the ability to manage its own office environment."
The building at 140 William St. is a six-story office building at the corner of Fulton and William Streets. The ground floor is column free and has 16-foot ceilings "perfect for office or retail use," according to a prepared statement. There is 155 feet of corner frontage on Fulton Street, two elevators, and it is located near 12 subway lines. Additionally, the building, which Korren says has an asking rent of $46 per sf, qualifies for the CRP/Lower Manhattan plan financial incentives.
Korren notes that the entire building can be leased, and floor by floor leasing "may also be considered." There is no bid deadline as of yet.
He notes that part of the building's attraction is that it is immediately adjacent to the Financial District office corridor and Fulton Street retail corridor, "which is undergoing a major development. We are also two blocks from the South Street Seaport and East River," he says. The HelmsleySpear team of Lewis Cowan and Jeffrey Rosenblatt are responsible for the assignment. Possession is immediate.
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