Greenberg says OnMoney.com has grown considerably in a veryshort time. The veteran commercial broker notes that he negotiatedthe company's 29,037-sf lease at 1109 Westchester Ave. (formerlythe offices of Nine West Corp.) in February. The company relocatedfrom approximately 7,700 sf of space at 3 Gannett Drive in WhitePlains.

However, after Starwood Hotels and Resorts Worldwide signed amajor sublease at the property earlier this year, the buildingowner asked OnMoney.com officials if they wanted to relocate from1109 Westchester Ave. Greenberg says. In fact, the companycontacted him, explaining that they needed more space and thusbegan its search for new, larger quarters.

Frank Boccanfuso, managing partner of FMB, says OnMoney.com isexpected to take occupancy in the fourth quarter of this year.Although no lease term was released, he estimates the totalcommitment will exceed $10 million. FMB Asset Management LLC andStamford, CT-based A. PapaJohn Construction Management Corp. willhandle tenant construction.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.