New York City
Rizzo Group, a building code, zoning and land use consultingfirm, has signed on for 10 years in an 8,790-square-foot space onthe fifth floor at W&H Properties' 1333 Broadway. The space wasamong the last remaining availabilities at the 358,240-square-footoffice property, which recently completed a $71-million upgrade.Newmark Knight Frank's William Cohen and Steve Renbaum spoke forRizzo, while the firm's Brian Waterman, Jonathan Fanuzzi and BrandlFrey represented W&H. Asking rent was reportedly $45 per squarefoot.
While development sites have been among the slower salescategories during the current downturn, Massey Knakal RealtyServices has arranged an all-cash sale of a site at 74-21 QueensBlvd. for $3.57 million. Buyer and seller were not disclosed. Thesite has 237 feet of frontage along Queens Boulevard and houses asingle-story automobile repair shop. Massey Knakal's ThomasDonovan, who was the sole broker in the transaction, says in arelease that the site went for about $150 per square foot.
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