X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEW YORK CITY-Telecommunications conglomerate Verizon will move its Queens base of operations to a 33,500-sf building in the borough’s Woodside section. The deal marks the company’s third New York City-area lease transaction in the past year.

The facility, located at 37-20 Woodside will serve as a staging area for engineers and repair personnel and as a storage site for Verizon equipment and vehicles. Thomas Panitz, David L. Noonan and Jennifer Schwartzman of Newmark & Co Real Estate brokered for Verizon in the transaction. Building owner San-Aid was represented by Michael Oestreich of Nationwide Property Consultants. Details of the 10-year lease were not released.

During the past year Verizon has inked deals for 24,105 sf of office space at One Cross Island Plaza in Rosedale, NY. The firm also renewed the lease on its 15,393-sf space at 11 Broadway. Both transactions were arranged by Newmark.

In another deal brokered by Newmark, Helen Keller Worlwide has relocated its corporate headquarters to 352 Park Ave. South. Brokers David Falk, Daniel Levine and Sloane Rhulen arranged the 11,500-sf on behalf of Helen Keller Worldwide. Sublessor Jupiter Media Metrix, Inc. was self-represented.

The not-for-profit will occupy the entire, fully-furnished 12th floor of the class A building, which is owned by J.D. Carlisle Construction. The organization was formerly located at 90 West St.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt. NET LEASE Fall 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.