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NEW YORK CITY-Verizon renewed a 37,092-sf lease at the Moinian Group’s 90 John St. Daniel Gohari, VP and director of commercial assets at the Moinian Group, tells GlobeSt.com that the taking value of the lease was $36 per sf and the leease renewal is for three years.

Newmark Knight Frank’s Jennifer Schwartzman and David Noonan represented Verizon, however they are not looking to comment on behalf of their client at this time according to a company spokesperson. Adam Leshowitz, also of Newmark Knight Frank, represented the Moinian Group.

Kimia Shadrokh, associate director at Moinian Group, tells GlobeSt.com that Verizon came to the property in June 1994. Acquired by the Moinian Group in 1995, 90 John St. offers 24/7 access, onsite management, an in-house parking garage and access to all public transportation. Shadrokh says that 90 John St. is approximately 95% leased at this point.

“The upgrades to the building and the prebuilt program have made this building desirable for smaller tenants,” Shadrokh says. “We have a diversified tenant roster.” Other tenants in the 29-story property include Food Bank of New York, Merritt & Harris and Gold’s Gym.

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