GlobeSt.com EXCLUSIVE: Architecture Firm Renews and Expands at 95 University Pl.

NEW YORK CITY-Architecture firm Beyer Blinder Belle Architects & Planners LLP renewed its 20,000-sf lease and signed on for an additional 20,000 sf of expansion space for its headquarters at 95 University Pl. Completed in 1907, 95 University Pl., also known as 41 East 11th St., is an 11-story high-rise office building, located just steps from the Union Square transportation hub.

“They needed more space,” Bruce Surry, EVP of CB Richard Ellis, who negotiated the 10-year transaction on behalf of the architecture firm, tells GlobeSt.com. “They had been subletting space and this reduces the need to sublease.” Surry adds that during a ten-month search process, the firm looked at Downtown and Midtown site, but, in the end, decided to remain in their longtime home. Financial details of the transaction were not released. Beyer Blinder Belle has been a fixture in the Midtown South area for more than 20 years.

When it was time to think about its lease expiration, the firm realized that it was opportune to expand its headquarters and the first choice was to remain in the neighborhood. The property offers a large amount of natural light because of its unique design with a high ratio of oversized windows to floor space—an advantage for an architectural firm.

Beyer Blinder Belle focuses on rescuing America’s cities from the urban degeneration of the 50s & 60s. The 125-person firm unites the old with the new–classic historic preservation meshed with the creative contemporary design of new construction.